General Atlantic to acquire minority stake in traveltech platform TBO
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General Atlantic to acquire minority stake in traveltech platform TBO

By K Amoghavarsha

  • 23 Oct 2023
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General Atlantic to acquire minority stake in traveltech platform TBO
Shantanu Rastogi, managing director and head of India, General Atlantic

US-based private equity firm General Atlantic has agreed to acquire a minority stake in traveltech company TBO Tek Ltd, which operates the online travel platforms travelboutiqueonline.com and Tbo.com.    General Atlantic said in a statement it will buy the stake from emerging markets PE firm Affirma Capital, which will retain part of its holding in TBO. ......

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