IBS Software provides Software-as-a-Service solutions that manage mission-critical operations across the travel and logistics sector. Led by Founder and Executive Chairman V K Mathews, the company serves aviation, tour & cruise, hospitality, and energy & resources customers. Its aviation suite covers fleet and crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS also operates a real-time B2B and B2C distribution platform for hotel inventory, rates and availability, plus a digital platform for tour and cruise operations and logistics-management tools for energy customers. The company operates from 16 offices worldwide. It intends to use the new funds to expand operations and broaden its business reach. IBS Software develops new-generation software products for airlines, airports, cruise lines, travel distributors and oil & gas companies. The company serves travel, transportation and logistics customers with enterprise software solutions. It is led by Founder and Executive Chairman VK Mathews and CEO Rajiv Shah. IBS has a global presence with nearly 3,000 professionals across nine offices in North America, Asia Pacific, Europe and the Middle East and Africa. The company is privately held and in 2015 became the subject of a major private equity transaction. That transaction is expected to close within a month, subject to customary regulatory approvals.

Total raised

$620M

Funding rounds

2

Latest round

Equity

Latest activity

May 2023