TBO Tek Limited has raised around $186 million through its initial public offering (IPO) on the Bombay Stock Exchange and the National Stock Exchange of India. It was highly successful, being oversubscribed 86.70 times, highlighting strong investor confidence. 

TBO, which operates a Business-to-Agents (B2A) model, aims to empower travel agents by providing them with the tools and technology to offer customised and convenient travel solutions. The B2A strategy, unique in the region, has enabled TBO to connect over 159,000 buyers from more than 100 countries with over a million suppliers, simplifying transactions for various travel services, including hotels, airlines, car rentals, and more. 

In Early 2023, TBO expanded its market reach by acquiring Bookabeds and Jumboline, enhancing its portfolio and service capabilities. These acquisitions are part of TBO’s strategic efforts to bolster its offerings and more effectively support travel agents.

As well as its corporate developments, TBO has also been active in community engagement. In collaboration with Aster Opticals, it launched an eye-care initiative for UAE travel agents, offering free eye check-ups and eye-care awareness. In April 2024, the company also organised Iftar events for travel agents across 11 major cities in the Middle East, fostering community ties and showing appreciation for its partners.