Claim: Adani's takeover of trainman would result in strong competition for IRCTC.
Fact-check: Trainman contributes only 0.13% of total reserved ticketing. Adani's takeover wouldn't challenge IRCTC. - FACTLY
Verdict: irctc clarified that trainman is one of the 32 authorized b2c  partners of irctc, to which it provides its api services, contributing 0.13% of total reserved ticketing. changing the stake won't make any difference to this. all integration and operations will continue to be done through irctc. icicidirect, one of india's largest retail brokers, has analyzed the business model of irctc and has opined that the real competition for the irctc is offline railway ticketing. hence, the claim made in the post is misleading.
Organisation: FACTLY
Author: Chaitanya
Date published: 2023-06-21T10:59:19