Bengaluru, Sept. 3 -- A small-cap company that operates multiple online platforms and offers global travel bookings through airlines, hotels, is in the spotlight after announcing a strategic partnership with the U.S.-based company.

With the market capitalization of Rs. 16,820.25 crore, the shares of TBO Tek Limited trading at Rs. 1,546.50, up by 11.90 percent from its previous day's close price of Rs. 1,382.50 per equity share, and it has reached an intraday high of Rs. 1,597, up by 15.52 percent from its previous close.

What's the News?

TBO LTD, a Gurugram-based travel technology company, has agreed to acquire US-based Classic Vacations from The Najafi Companies for up to $125 million. The agreement brings together TBO's global tech p...