Indian travel tech companies have spent nearly $1 billion on acquisitions in the U.S., Europe, and the Middle East since late 2024, marking a significant global expansion. Key players such as Prism (formerly Oyo), RateGain, TBO Tek, and Ixigo are leveraging their technological strengths and robust financial backing to acquire Western travel technology and hospitality assets, positioning India as a major player in the Western travel tech industry.
Indian travel tech firms, led by companies like Prism (formerly Oyo) and RateGain, have strategically spent close to $1 billion on acquisitions across the U.S., Europe, and the Middle East since late 2024. This aggressive expansion underscores their transformation into major players within the Western travel tech industry, leveraging their technological strengths to acquire and integrate assets that remain resilient to AI disruptions. For professionals tracking travel tech and startups, this trend highlights a shift in market dynamics, where Indian companies are becoming key stakeholders in Western travel tech infrastructure, signaling potential partnership or competitive opportunities.