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. 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.
- Annual Revenue₹2,677 Cr
FY 2026 · +49% YoY
- Net Profit₹244 Cr
FY 2026 · 9% margin
- EBITDA₹423 Cr
FY 2026 · 16% margin
- Total Equity Funding$61M (USD)
in 3 rounds
- Latest Funding Round$50M (USD), Private Equity Round
Sep 2018
- InvestorsNaspers
& 1 more
- Employee Count1,580
- Investments & AcquisitionsClassic Vacations
& 1 more
Associated legal entities of TBO
TBO is associated with 2 registered companies on The Company Check; the primary company is Tbo Tek Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tbo Tek Limited Listed CIN L74999DL2006PLC155233 | Active | 06 Nov 2006 | New Delhi, Delhi | ₹2,677 Cr | 1,383 | 10 | View details |
| Tbo Cargo Private Limited CIN U63000DL2020PTC370711 | Active | 30 Sep 2020 | Delhi, Delhi | ₹1.7 Cr | 26 | 3 | View details |
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 $61M
- Total Rounds 3
- Last Round Private Equity Round — $50M
- First Round $8.66M
(Mar 2012)
- Investors Count 2
All 3 funding rounds of TBO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Feb 2015 | $155.74M | •••••••• |
| Mar 2012 | $62.39M | •••••••• |
Last known valuation $155.74M (Feb 2015). 2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
Acquisitions and buyouts are targeted by the private equity firm. | 2000 | affirmacapital.com | Singapore, Singapore |
Investor details for TBO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tbo Tek Limited (TBO)
Tbo Tek Limited is the primary company behind TBO. The boards of the 2 registered companies of TBO currently have 11 directors; the longest-serving is Gaurav Bhatnagar, appointed in 2006. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Bhatnagar DIN 00446482 | Managing Director | 06 Nov 2006 | 19 yrs 11 mo | Tbo Tek Limited |
| Ankush Nijhawan DIN 01112570 | Managing Director | 12 Mar 2007 | 19 yrs 7 mo | Tbo Tek Limited |
| Bhaskar Pramanik DIN 00316650 | Director | 24 Nov 2021 | 4 yrs 10 mo | Tbo Tek Limited |
| Anuranjita Kumar DIN 05283847 | Director | 24 Nov 2021 | 4 yrs 10 mo | Tbo Tek Limited |
| Ravindra Dhariwal DIN 00003922 | Director | 24 Nov 2021 | 4 yrs 10 mo | Tbo Tek Limited |
| Rahul Bhatnagar DIN 07268064 | Director | 24 Nov 2021 | 4 yrs 10 mo | Tbo Tek Limited |
| Vijay Guleria DIN 07259033 | Director | 03 Dec 2021 | 4 yrs 10 mo | Tbo Cargo Private Limited |
| Khwaja Abdul Hameed DIN 09409816 | Director | 03 Dec 2021 | 4 yrs 10 mo | Tbo Cargo Private Limited |
| Aarish Khan DIN 09419464 | Director | 03 Dec 2021 | 4 yrs 10 mo | Tbo Cargo Private Limited |
| Shantanu Rastogi DIN 06732021 | Nominee Director | 12 Nov 2024 | 1 yr 11 mo | Tbo Tek Limited |
| Akshat Verma DIN 10838493 | Whole-time director | 16 Nov 2024 | 1 yr 10 mo | Tbo Tek Limited |
People of TBO
3 people are tracked at TBO (3 in leadership); the tracked headcount is 1,580.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership | |
Preet Kaur | EA To Co Founder | Leadership |
Complete people profiles for TBO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
- IPO date15 May 2024
- Listed onBSE: 544174 · NSE: TBOTEK
- Listed entityTBO Tek Ltd.
- Exchange sectorTechnology services
- ISININE673O01025
- Share price₹1,663.00 (+0.8% on the day) · 2026-10-14
- Market capitalisation₹17,892 Cr
- Price to earnings67.6
- EPS (diluted, trailing year)₹24.59
- Volume (last session)35,724
Financials of TBO
Figures of Tbo Tek Limited, the primary company behind TBO, for FY 2026. Revenue was ₹2,677 Cr (+49% year on year). Net profit was ₹244 Cr (9% margin). EBITDA was ₹423 Cr (16% margin). Revenue has grown at a compounded annual rate of +35% over three years and +72% over five years.
- ₹2,677 CrRevenue · FY 2026 · +49% YoY
- ₹244 CrNet profit · 9% margin
- ₹423 CrEBITDA · 16% margin
- ₹10.86 CrPaid-up capital
- 1,383Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +72%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹2,677 Cr | ₹244 Cr | ₹421 Cr |
| 2024 | ₹1,737 Cr | ₹230 Cr | ₹350 Cr |
| 2023 | ₹1,393 Cr | ₹202 Cr | ₹269 Cr |
| 2022 | ₹1,065 Cr | ₹144 Cr | ₹199 Cr |
| 2021 | ₹483 Cr | ₹33.7 Cr | ₹39.7 Cr |
Balance sheet, profit and loss, cash flow and ratios of Tbo Tek Limited are on its company page.
Detailed financial statements for TBO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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 | Acquired | Amount |
|---|---|---|---|---|---|---|
Vacation packages, flights, and accommodations are offered by Classic Vacations. | classicvacations.com | Bay, United States | 1978 | Sep 2025 | $125M | |
Hotels are operated by Jumbonline in Spain. | jumbonline.com | Spain | 1977 | Dec 2023 | $27.29M |
Complete acquisition details for TBO
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of TBO
7 dated milestones of TBO across 19 years, from founding to its latest funding, stage changes and deals.
- Founded TBO is founded.
- Funding First funding round of $8.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Private Equity Round, of $50.0M.
- Acquisition Acquires Jumbonline.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Classic Vacations.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| travelboutiqueonline.com | 2006 | Gurugram, India | $11.3M | 1,331 | Bookings for travel agents are managed via an online platform. | |
| tboholidays.com | 2006 | Dubai, United Arab Emirates | – | – | Global B2B platform for travel bookings including hotels, flights, and packages. | |
| distribusion.com | 2012 | Bernau Bei Berlin, Germany | $117.96M | 22 | Global distribution system for bus and train operators is provided. | |
| hepstar.com | 2013 | Cape Town, South Africa | $2M | – | Online insurance distribution channel | |
| travelx.io | 2021 | Miami, United States | $10M | – | Blockchain-based infrastructure is provided for the travel industry. | |
| droplabs.pl | 2012 | Krakow, Poland | $847,826 | – | Provider of distribution network solutions for multiple categories of travel service providers | |
| travelbrands.com | 2003 | Mississauga, Canada | – | – | Offers travel bookings for flights, hotels, cruises, and tours to Canadians. |
Detailed competitors of TBO
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TBO
The website of TBO (tbo.com) receives about 77.3K visits a month.
- Monthly visits77.3K
▲ 37.3% vs previous month
Websites whose visitors overlap most with TBO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tampabay.com | 100% | 2.8M | #26,023 | View details | |
| baynews9.com | 100% | – | #35,565 | View details | |
| myfoxtampabay.com | 100% | – | – | View details | |
| tampatrib.com | 100% | 2.8K | #5,891,063 | View details | |
sptimes.com | sptimes.com | 84% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for TBO
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Tbo
Complete news archive for TBO
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to TBO
10 companies that operate in the same segment as TBO (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 2012.
TBO has 1,580 employees.
The primary company behind TBO, Tbo Tek Limited, reported revenue of ₹2,677 Cr for FY 2026, up 49% year on year.
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 valuation of TBO is $155.74M as of Feb 2015.