TBO Tek IPO

TBO Tek Limited operates as a travel distribution platform with a presence across 100 countries. The company provides buyers with a travel inventory and forex assistance. The company’s two-sided technology platform enables Suppliers and Buyers to transact with each other. The Suppliers include hotels, airlines, car rentals, transfers, cruises, insurance, rail and others. Retail Buyers include travel agencies and independent travel advisors, and Enterprise Buyers include tour operators, travel management companies, online travel companies, super-apps and loyalty apps. Retail Buyers are the individual customers. The company has two key revenue models to undertake transactions – B2B Rate Model, and the Commission Model. In the former, the company receives inventory from Suppliers on which it applies a mark-up and passes it on to Buyers. In the Commission Model, the Suppliers fix a price at which they sell to the end traveller. The commission received here is shared by the company and the Buyers.;