TPConnects lands investment

Flight Center Travel Group(FCTG) is boosting its tech platform with the acquistion of a 22.47% stake in TPConnects Technologies LLC.  

Dubai-based TPConnects was founded in 2012 by Rajendran Vellapalath, who will continue to run the business with his management team.

A leading provider of Software as a Service (SaaS)-based travel technology solutions helping airlines and travel agencies to retail travel, TPConnects is one of the first IATA NDC and ONE Order focused travel technology companies. Its cloud-based softward helps organisations to distribute travel products while keeping control of customers.

NDC and ONE Order are key transformational projects, launched by IATA to modernise and simplify airline distribution.

FCTG has also entered into a commercial agreement with TPConnects to access its SaaS functions and use its IATA NDC Certified Travel Aggregator platform.

“This investment ensures we are at the forefront of developments in an exciting new era of distribution and connectivity and that our company and customers have access to the widest choice of airfares and content, including offers that sometimes sit outside the traditional channels,” said Greg Parker, executive general manager of FCTG ’s global air distribution business.

“The TPConnects SaaS platform enables agencies to intelligently control content sources across all major GDS providers, as well as directly connected NDC application programming interfaces (APIs), ensuring the best content is surfaced for customer,” he added.

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