Axis Mutual Fund raised its stake in TBO Tek Limited from 1.62% to 2.27%, acquiring 7,00,022 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.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
