TBO Tek Ltd Share Price

TBO Tek Limited is a global travel distribution platform. It simplifies travel business transactions between suppliers and buyers. The company operates through various segments, including air ticketing, hotels and packages, and others. TBO Tek connects travel suppliers, including airlines, hotels, and sightseeing operators. It also connects travel buyers, such as travel agencies, online travel agencies (OTAs), and tour operators. The platform acts as a bridge, facilitating seamless travel experiences for customers worldwide.

TBO Tek falls under the travel and tourism sector, specifically focusing on travel distribution and technology solutions. The company has been in business since its incorporation on November 6, 2006. This makes it a well-established player with years of experience in the industry.

The headquarters of TBO Tek Limited is in Gurugram, Haryana, India. This strategic location allows the company to effectively manage its operations and serve its global clientele. The promoters of the company include LAP Travel Private Limited, with a 21.60% stake. Ravindra Dhariwal serves as the Chairman & Ind.Director of the company. Additionally, there is also a team of managerial promoters who manage the operations of the company. They are-

• Ankush Nijhawan
• Gaurav Bhatnagar
• Udai Dhawan
• Rahul Bhatnagar

TBO Tek's main products and services encompass a wide range of travel-related offerings. These services include air ticketing, hotel bookings, holiday packages, car rentals, and rail bookings. They also cover cruise bookings, marine services, travel insurance, and cargo services. The company's platform features travel applications such as TBO Holidays, Travel Boutique Online, TBO Academy, Techmaster, TBO Air, and the Roamer App. These applications enhance the overall travel experience for users.

While TBO Tek is a significant player in the travel distribution sector, it is not the largest in terms of market share or capitalization. However, the company is known for its innovative solutions and strong market presence. It connects over 159,000 travel buyers with more than 1 million suppliers worldwide. The registered office of TBO Tek Limited is in New Delhi, Delhi. Meanwhile, the office of the registrars is in the Financial District of Hyderabad.

The Impact of TBO Tek Limited

TBO Tek Limited has made a significant impact on the travel and tourism industry through its innovative travel distribution platform. The company connects travel suppliers, such as airlines, hotels, and car rental providers, with travel buyers. These buyers include travel agencies and online travel agencies (OTAs). This connection has streamlined the travel booking process, making it more efficient. It has also made the process more accessible for both suppliers and buyers.

One of the key impacts of TBO Tek is its ability to simplify complex travel transactions. The platform offers a wide range of services, including air ticketing and travel insurance. These services are integrated into a single platform, allowing travel buyers to access multiple options. This integration helps them make informed decisions. This integration has reduced the time and effort required to book travel services. As a result, it has led to increased customer satisfaction.

TBO Tek has also contributed to the growth of the travel industry by expanding its reach to international markets. The company has established a strong presence in various countries, connecting over 159,000 travel buyers with more than 1 million suppliers worldwide. This global reach has enabled TBO Tek to tap into new markets and attract a diverse customer base. As a result, the company has seen significant growth in its revenue and market share.

The company's focus on technology and innovation has further enhanced its impact on the travel industry. TBO Tek has developed advanced tools and applications, such as TBO Holidays and TBO Academy, to improve the travel booking experience. These tools provide real-time information and seamless booking processes. They make it easier for travel buyers to find and book the best travel options. The use of technology has also enabled TBO Tek to offer competitive pricing and exclusive deals, attracting more customers to its platform.

TBO Tek's commitment to customer satisfaction is evident in its continuous efforts to improve its services. The company regularly updates its platform with new features and enhancements based on customer feedback. This customer-centric approach has helped TBO Tek build strong relationships with its clients and maintain a high level of customer loyalty.

In addition to its impact on the travel industry, TBO Tek has also made a positive contribution to the economy. The company's operations have created numerous job opportunities, both directly and indirectly. TBO Tek employs a large workforce to manage its platform and support its customers.

TBO Tek's success can be attributed to its strong leadership and strategic vision. The company's promoters and management team have played a crucial role in driving its growth and expansion. Their expertise and experience in the travel industry have enabled TBO Tek to navigate challenges and capitalize on opportunities.

TBO Tek's impact extends beyond its business operations. The company is committed to corporate social responsibility and sustainability. TBO Tek actively participates in various initiatives to support local communities and promote sustainable travel practices. The company's efforts to reduce its environmental footprint and promote responsible tourism have earned it recognition from stakeholders.