When was TBO founded?

TBO was founded in 2006 and raised its 1st funding round 6 years after it was founded.

Where is TBO located?

TBO is headquartered in Gurugram, India. It is registered at E-78 SOUTH EXTENSION PART- I, NEW DELHI, Delhi, India, 110049.

Which legal entities is TBO associated with?

TBO is associated with Tbo Tek Limited and 7 others.

How many employees does TBO have?

As of Jan 31, 2025, TBO has 1637 employees, reflecting a 10% year-over-year growth in headcount.

Is TBO a funded company?

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 round, raised on Mar 28, 2012.

When was the latest funding round of TBO?

TBO's latest funding was a $***** PE round on Sep 01, 2018, with participation from 1 investor. Its primary sector is Online Travel. Globally, the Online Travel sector has seen $384M in funding in 2026 to date.

What is the annual revenue of TBO?

Annual revenue of TBO is ₹1,800Cr as on Mar 31, 2025.

Where does TBO rank among its competitors?

TBO ranks 1st amongst 45 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Tripjack, which secured $10.2M in Jul, 2023.

Who are the top competitors of TBO?

TBO's top competitors include Mondee, PKFARE and Travelfusion. Among them, Tripjack secured the most recent funding round in July, 2023.

TBO - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform connecting travel buyers and suppliers for booking various travel services. It facilitates transactions between travel agencies, advisors, tour operators, and suppliers like hotels, airlines, and car rentals. The platform enables access to travel inventory, booking management, and post-booking services. It supports transactions in local currencies and offers customer support.

Website: www.tbo.com/
Social
Part Of
Registered Address: E-78 SOUTH EXTENSION PART- I, NEW DELHI, Delhi, India, 110049

Key Metrics

Founded Year

2006

Location

Gurugram, India

Stage

Public

Total Funding

$61M in 3 rounds

Latest Funding Round

PE, Sep 01, 2018, $*****

Investors

Naspers & 3 more

Ranked

1^st among 45 active competitors

Annual Revenue

₹1,800Cr as on Mar 31, 2025

Employee Count

1,637 as on Jan 31, 2025

Investment & Acquisitions

Classic Vacations & 5 more

Similar Companies

Mondee & 44 more

Exit Details

Public

View TBO's full profile

TBO is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TBO, LLC CIN: 32028471178 , United States, Active	Mar 20, 2007	-	-	-
TBO, LLC CIN: 5616494 , United States, Active	May 11, 2016	-	-	-
TBO CARGO PRIVATE LIMITED CIN: U63000DL2020PTC370711 , India, Active	Sep 30, 2020	$200K (As on Mar 31, 2025)	19 (As on Jan 31, 2025)
TBO HOLIDAYS PTE. LTD. CIN: 201823924W , Singapore, Active	Jul 12, 2018	-	-
Tbo Tek Limited CIN: L74999DL2006PLC155233 , India, Active	Nov 06, 2006	$213M (As on Mar 31, 2025)	1567 (As on Aug 01, 2025)
TBO, LLC CIN: 191364893 , United States, Active	Jan 07, 2022	-	-	-
99 NAMES OF ALLAH SARL, en liquidation CIN: 1365084 , Switzerland, Deadpooled	Sep 22, 2022	-	-	-
TBO HOLIDAYS BRASIL AGENCIA DE VIAGENS E RESERVAS LTDA. CIN: 23.306.928/0001-02 , Brazil, Active	Sep 17, 2015	-	-	-

TBO got listed on May 15, 2024.

Click here to take a look at TBO's IPO in detail

TBO has raised a total funding of $61M over 3 rounds. Its first funding round was on Mar 28, 2012. Its latest funding round was a PE round on Sep 01, 2018 for $*****. 1 investor participated in its latest round. TBO has 4 institutional investors.

Here is the list of recent funding rounds of TBO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2018	8952577	PE	1234318	5664507	1093801	1601690
Feb 26, 2015	8404553	Seed	6249952	9022175	4619209	5933332
Mar 28, 2012	8793290	Seed	7336376	6433558	Naspers	4898226

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View details of TBO's funding rounds and investors

The founders of TBO are Ankush Nijhawan, Ankush Nijhawan and Parul Singh.

Here are the details of TBO's key team members:

Ankush Nijhawan: Co-Founder of TBO and founder of 5 other companies, including Too Symphony, Kisho Capital and Nijhawan Group. They are also an angel investor in 8 startups and serve on the boards of 2 companies.
Contact Info: 1 phone number
Ankush Nijhawan: Co-Founder of TBO.
Contact Info: 1 email address and 1 phone number
Parul Singh: Former ecutive Assistant to the Co-Founder of TBO.

TBO's Board of Directors

TBO's board has 5 active members. Ankush Nijhawan is part of team and Rahul Bhatnagar, Ravindra Dhariwal, Anuranjita Kumar and Bhaskar Pramanik are independent board members.

Here is the list of TBO's board of directors:

Name	Type	Representing	Status	Duration
Ankush Nijhawan	Team	-	Current	18y 11m
xdrueb{	Team	-	Current	4y 3m
Shantanu Rastogi	Investor	-	Current	1y 3m
Rahul Bhatnagar	Independent board member	-	Current	4y 3m
dhtswsh	Independent board member	-	Current	1y 5m
vbfazmf	Independent board member	-	Current	2y 9m
pkulkcr	Independent board member	-	Current	5y 2m
ie{ayvm	Independent board member	-	Past	9y 7m
bycwjil	Independent board member	-	Past	6y 6m
ktpyknm	Independent board member	-	Past	7y 3m
yajoxrf	Independent board member	-	Past	5y 3m
nszcoto	Independent board member	-	Past	8y 5m
{kuawrs	Independent board member	-	Past	8y 4m
mnnusuy	Independent board member	-	Past	8y 1m
ggxwiut	Independent board member	-	Past	2y 7m
hevajbn	Independent board member	-	Past	2y 1m

View details of TBO's Founder profiles and Board Members

TBO's employee count trend

TBO has 1,637 employees as of Jan 25. The total employee count is 10.0% more than what it was in Jan 24. Here is TBO's employee count trend over the years:

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Top competitors of TBO include Mondee, PKFARE and Travelfusion. Here is the list of Top 10 competitors of TBO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TBO 2006, Gurugram (India), Public	Platform connecting travel buyers and suppliers for booking various travel services	$61M	Naspers, Affirma Capital & 2 others	70/100
2nd	Mondee 2011, California City (United States), Acquired	Provider of an AI-powered marketplace connecting travel agents with travel inventory	-	TCW, Morgan Stanley & 3 others	62/100
3rd	PKFARE 2014, Shenzhen (China), Acquired	Provider of global distribution and sourcing for flights and hotels	$2.59M	SZQH, Caesar & 4 others	54/100
4th	Travelfusion 2000, London (United Kingdom), Acquired	Provider of travel content aggregation and distribution via direct connect XML API	$500K	S-Ventures, Samurai Web Ventures & 1 others	53/100
5th	TravelX 2021, Miami (United States), Seed	Blockchain-based network for the travel industry	$10M	Borderlesscapital, Monday Capital & 4 others	52/100
6th	TBO Holidays 2006, Dubai (United Arab Emirates), Unfunded	Platform connecting travel agents, hoteliers, suppliers, and wholesalers globally	-	-	52/100
7th	DidaTravel 2012, Shenzhen (China), Series B	B2B hotel consolidator	$7.9M	Alibaba & 3 others	50/100
8th	Tripjack 2012, Mumbai (India), Seed	B2B travel technology platform	$10.2M	Marathon Edge & 2 others	46/100
9th	Droplabs 2012, Krakow (Poland), Seed	Provider of distribution network solutions for multiple categories of travel service providers	$848K	ProtosNext, Xevin Investments	38/100
10th	Hepstar 2013, Cape Town (South Africa), Seed	Online insurance distribution channel	$2M	Amadeus Capital	31/100

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Looking for more details on TBO's competitors? Click here to see the top ones

Founders own 19.50%, Funds (largest shareholder) own 50.34%, Enterprises own 24.62% and Other People own 5.54%. The net worth of TBO's founders is INR 188Cr as of Feb 26, 2015.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	19.50%	188Cr	2780613	9614862	7091107	6689413
Fund	50.34%	484Cr	6746008	9894078	9099065	6538048
Naspers	5181374	2788086	5452729	9934470	3947609	4865113
Enterprise	24.62%	237Cr	6996853	9641078	9399423	3920194
Other People	5.54%	53.3Cr	82149	10968	60272	80423
Total	100.00%	962Cr	1706538	6328383	4545159	7085513

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of TBO's Shareholding

TBO has made 2 investments in companies including Hotelzify and Tirupati Medicare. TBO has also acquired 4 companies including Classic Vacations and Jumbonline.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 03, 2025	Acquisition	Classic Vacations	1978	Bay (United States)
Dec 19, 2023	Acquisition	Jumbonline	1977	Spain
Apr 11, 2023	Investments	Hotelzify	2022	Sheridan (United States)