TBO Tek Limited, a leading travel distribution platform in the global travel and tourism industry, recently completed the public listing of its equity shares in India via the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE).
The company raised approximately $186 million from this Initial Public Offer. Gaurav Bhatnagar, Co-Founder and Joint MD, TBO Tek Limited, said: “Ankush Nijhawan (Co-Founder, Joint MD, TBO Tek) and myself are delighted to announce the successful listing of our company on the stock exchanges. TBO’s listing on the Indian stock exchanges marks a significant milestone in our company’s journey. This accomplishment paves the way for new opportunities, enabling us to drive innovation, expand our reach, and enhance value for our shareholders and customers. We are poised for a future of sustained growth and success.” In the Middle East, TBO is known for its pathbreaking B2A strategy – an acronym for Business to Travel Agents – in the tourism industry. B2A is a first-of-its-kind strategy in the region aimed at empowering agents to maximize earnings by meaningfully catering to travellers seeking customized, hassle-free, and convenience-oriented tourism services.