TBO Tek Limited
Nippon India Mutual Fund increased its stake in TBO Tek from 3.87% to 4.18%, acquiring 3,38,576 shares.
An online travel technology platform operator, TBO Tek aggregates global travel inventory from airlines, hotels, and other suppliers through its integrated digital ecosystem. Incorporated in 2006, the company provides travel professionals and consumers with access to book comprehensive travel services across multiple channels. Its distinctive approach combines technology infrastructure with direct supplier relationships to deliver seamless booking experiences.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.