About TBO
TBO is a company based in Gurugram (India) founded in 2006 by Ankush Nijhawan and Gaurav Bhatnagar. It operates as a API-as-a-Product and Two-Sided Marketplace. TBO has raised $61 million across 3 funding rounds from investors including Naspers and Affirma Capital. The company has 1,580 employees as of March 31, 2024. TBO has completed 2 acquisitions, including Classic Vacations and Jumbonline. TBO offers products and services including TBO Platform, TBO APIs, and Roamer. TBO operates in a competitive market with competitors including Travel Boutique Online, TBO Holidays, Distribusion, Hepstar and TravelX, among others.
- Headquarter Gurugram, India
- Employees 1580 as on 31 Mar, 2024
- Founders Ankush Nijhawan, Gaurav Bhatnagar
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tbo Tek Ltd.
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Annual Revenue
$203.32 M (USD)24.75as on Mar 31, 2025
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Net Profit
$26.92 M (USD)13.72as on Mar 31, 2025
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EBITDA
$40.97 M (USD)29.82as on Mar 31, 2025
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Total Equity Funding
$61 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Private Equity Round
Sep 01, 2018
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Investors
Naspers
& 1 more
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Employee Count
1580
as on Mar 31, 2024
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Investments & Acquisitions
Classic Vacations
& 1 more
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IPO & Listings of TBO
TBO is a publicly listed company on the NSE with ticker symbol TBOTEK in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of TBO
TBO offers a comprehensive portfolio of products and services, including TBO Platform, TBO APIs, and Roamer.
Global travel inventory is accessed through this platform.
APIs are provided for seamless travel business integration.
Travel companion app is offered for post-booking services.
Funding Insights of TBO
TBO has successfully raised a total of $61M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $50 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Private Equity Round — $50.0M
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First Round
First Round
(28 Mar 2012)
- Investors Count 2
Investors in TBO
TBO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Naspers and Affirma Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global investments in early and growth-stage tech firms are conducted.
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Founded Year | Domain | Location | |
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Acquisitions and buyouts are targeted by the private equity firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by TBO
TBO has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Classic Vacations and Jumbonline.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Vacation packages, flights, and accommodations are offered by Classic Vacations.
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1978 | ||||
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Hotels are operated by Jumbonline in Spain.
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1977 |
Financial Statements - TBO
Tbo Comparisons
Competitors of TBO
TBO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Travel Boutique Online, TBO Holidays, Distribusion, Hepstar and TravelX, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bookings for travel agents are managed via an online platform.
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| domain | founded_year | HQ Location |
Global B2B platform for travel bookings including hotels, flights, and packages.
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| domain | founded_year | HQ Location |
Global distribution system for bus and train operators is provided.
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| domain | founded_year | HQ Location |
Online insurance distribution channel
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| domain | founded_year | HQ Location |
Blockchain-based infrastructure is provided for the travel industry.
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Frequently Asked Questions about TBO
TBO was founded in 2006 and raised its 1st funding round 6 years after it was founded.
TBO is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
TBO is a funded company, having raised a total of $61M across 3 funding rounds to date. The company's 1st funding round was a Seed of $8.66M, raised on Mar 28, 2012.
As of Mar 31, 2024, the latest employee count at TBO is 1,580.
Annual revenue of TBO is $203.32M as on Mar 31, 2025.
A global travel distribution platform is managed by TBO, connecting over 159,000 buyers with more than 1 million suppliers across 100 countries. Travel products such as air, hotels, holiday packages, and ancillary services are facilitated through the platform. Solutions for travel buyers, suppliers, and travelpreneurs are provided, including APIs, mobile applications, and loyalty programs. The platform supports transactions in local currencies, simplifying cross-border travel business processes. Sectors served include retail travel agencies, enterprise buyers, and online travel companies. Seamless post-booking services and customer support in local languages are also ensured.
TBO's top competitors include Travel Boutique Online, Distribusion and TravelX.
TBO offers TBO Platform, TBO APIs, and Roamer.
Yes, TBO is publicly traded on NSE under the ticker symbol TBOTEK.
TBO has made 2 acquisitions, including Classic Vacations, and Jumbonline.
TBO has 2 investors. Key investors include Naspers, and Affirma Capital.
The ticker symbol of TBO is TBOTEK on NSE.
The valuation of TBO is $155.74M as of Feb 2015.