TBO TEK LIMITED Share price

TBO Tek Limited was incorporated as Tek Travels Private Limited on November 6, 2006, at New Delhi. The Company name changed to TBO Tek Private Limited' on October 22, 2021. Thereafter, it got converted into a Public Company and the name of the Company changed to TBO Tek Limited' vide a fresh Certificate of Incorporation on November 3, 2021 by RoC. TBO is a leading global travel distribution area operating at the intersection of technology and human-centric travel. The Company simplify business of travel for Suppliers and Buyers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others and buyers that includes, retail buyers such as travel agencies and independent travel advisors and enterprise buyers including, tour operators, travel management companies, online travel companies, super-apps and loyalty apps to transact seamlessly with each other. The Company classify Buyers into two broad categories Retail Buyers are typically small businesses such as travel agencies or travel advisors operating independently. They use retail selling platform to search, book and pay for global travel supply. On the other hand, Enterprise Buyers comprise of large travel businesses such as tour operators, travel management companies and online travel agencies, as well as digital native businesses such as ecommerce portals and super apps. Enterprise buyers usually use XML or JSON APIs to transact through their platform. The mid-2000s saw the birth of India's three leading low-cost carriers. Within a span of less than two years, Spicejet, Go Air and Indigo airlines launched their operations, which led to an unprecedented aviation boom in the domestic aviation market. In 2006, the Company conceptualized the TBO platform as a a technology tool to simplify the process for travel agents o book airline tickets across multiple airlines. In 2007 the Company issued its first ticket on the portal; In 2012, MIH India Holdings Limited (Naspers) acquired stake in the Company; In 2021, the platform processed a transaction approximately every three seconds. The Company had acquired travel business including intellectual property, goodwill, insurance policies etc. from Gemini Tours and Travels. In 2021, the Company launched Zamzam, an online portal for completing the full process of Umrah booking; launched a software-as-a-solution based platform, 'Paxes' for corporates and TMCs to manage business travel globally. The Company in 2021, launched RailEurope and TBO Marine business; in 2022, it launched DMC brand Kizan in Saudi Arabia to focus on travel destination. General Atlantic acquired a minority stake in the Company in 2023. The Company raised money from public through IPO aggregating the issuance of 16,856,623 Equity Shares aggregating Rs 1550.8 Crore, comprising a Fresh Issue of 4,347,826 Equity Shares aggregating to Rs 400 Crore and 12,508,797 Equity Shares aggregating to Rs 1150.8 Crore through Offer for Sale in May, 2024. In 2025, Company launched H-Next, as next-generation hotel platform, in India and a growing roster of international markets. It also began weaving generative AI into every step of the travel agent journey. It launched The Platinum Collection of 90+ luxury hotels and specialty cruise and Umrah packages. Campaign Manager, was another launch of the year. It also introduced Smart Search feature to enhance discovery by personalizing both ranking and recommendations based on individual user profiles. During FY2026, the Company scaled its buyer ecosystem through geographic expansion, deeper market penetration and improving commercial productivity. The loyalty business added new partnerships during FY 2026 and further strengthened the Company's participation in travel-linked loyalty solution. The ancillary business has scaled, supporting the Company's efforts to expand share of wallet and strengthen participation across connected travel journeys. Company focused on increasing direct contracting, improving supply quality, and deepening engagement with strategically important hotel partners. The Company's Platinum Collection program expanded its hotel network properties. The Company acquired Classic Vacations, a U.S.-based luxury travel platform focused on premium leisure travel. The Company built AI and intelligent automation across multiple parts of the platform including AI-driven smart search and recommendation systems, as well as machine learning and NLP-led systems across customer servicing and supplier management workflows.