
TBO Tek Ltd
TBO Tek Ltd Company History
TBO Tek in the business of operating an online technology platform ('TBO Portal') providing its customers access to book global travel inventory aggregated through travel suppliers like airlines, hotels,
2006
Incorporation of our Company
2006
2007
Our Company issued its first ticket on the portal
2007
2011
Our Company incorporated its subsidiary, Tek Travels DMCC
2011
2012
MIH India Holdings Limited (Naspers) acquired stake in our Company
2012
2014
Tek Travels DMCC signed an agreement with Amadeus IT Group for Middle East with respect to technology solutions
2014
2015
Our indirect subsidiary TBO Brasil was incorporated
2015
2017
Our Company crossed a milestone of 10,000 monthly transacting buyers.
2017
2018
Our Company achieved a milestone of ? 67,000 million (~ USD 1.05 billion) annual business GTV
Standard Chartered Private Equity (SCPE) acquired the stake of MIH India Holdings Limited in our Company
2018
2019
Our Company had acquired the business websites www.islandhopper.in and the domain www.res.clickitbookit.travel from Orange Tourism Solutions Private Limited.
2019
2020
Our Company incorporated its subsidiary, TBO Cargo
2020
2021
Our Company had acquired travel business including intellectual property, goodwill, insurance policies etc. from Gemini Tours and Travels
Our indirect subsidiary, TBO LLC was incorporated in USA
Launch of Zamzam, an online portal for completing the full process of Umrah booking
Launch of Paxes, a software-as-a-solution based platform for corporates and TMCs to manage business travel globally
TBO Academy signed a co-marketing agreement with Saudi tourism authority
Our Company launched RailEurope and TBO Marine business
2021
2022
Our Company launched DMC brand Kizan in Saudi Arabia to focus on Saudi Arabia as a travel destination
2022
2023
Our Material Subsidiary acquired BookaBed AG
Our Company achieved a milestone of ? 223,235.62 million (~USD 2.73 billion) GTV
General Atlantic acquired a minority stake in our Company
Tek Travels DMCC acquired Jumbonline Accommodations & Services S.L.U.
2023