Our Investors

IBS was founded in 1997 with the vision of providing innovative, high quality IT solutions for the travel, transportation and logistics industries. As an innovative software product company with intellectual property in the aviation, travel and hospitality verticals across the globe and deployments under both – SaaS & on-premise models, IBS today powers some of the world's best airlines, busiest airports, leading cruise lines, major hotels & travel distributors and top oil & gas companies.

As we continue to grow globally and create transformational solutions for our clients, we are supported by financial investors who share our values & beliefs. Largely owned by the founding team, we have attracted investment in 2007 from the prestigious General Atlantic and have subsequently on-boarded the Blackstone Group (NYSE:BX), a world leader in Private Equity, as an anchor investor in 2015. For our investors, we offer a highly scalable, non-linear business model for faster and profitable growth.

With our global presence, robust solutions portfolio & growing customer base, we are uniquely placed to deliver long term value for our employees, investors & shareholders. We pride ourselves on the highest standards of ethics and transparency in our corporate governance, and are governed by a professional Board of Directors.

V K Mathews
V K Mathews
Abhay Prabhakar Havaldar
Abhay Prabhakar Havaldar
Girish Srikrishna Paranjpe
Girish Srikrishna Paranjpe
Armin Kurt Meier
Armin Kurt Meier
Rajiv Shah
Rajiv Shah
Girija Prasad Pande
Girija Prasad Pande
Amit Dixit
Amit Dixit
Douglas Mark Steenland
Douglas Mark Steenland

Corporate Governance

We at IBS are committed to the highest standards of corporate governance as we believe these are reflective of our values and critical to our success. Our board of directors oversees the application of our corporate governance practices ensuring transparency and integrity across functions of the IBS Groups’ business.

Committee Composition

The following committees have been constituted to assist the board in overseeing the operations at the company.

Audit & Risk Management Committee

The purpose of the Audit & Risk Management Committee is to assist the Board of Directors in monitoring:

  • Integrity of IBS’ financial statements & financial reporting process
  • Compliance with legal and regulatory requirements and IBS code of conduct
  • Company’s internal audit function & statutory auditors’ independence and performance
  • Adequacy and reliability of the internal control systems

Compensation Committee

The purpose of the Compensation Committee is to assist the Board of Directors to:

  • Frame Company’s compensation policy with regard to Directors, Key Managerial Personnel (“KMP”) and other employees
  • Formulate Employee Share Option Plans for the Company
  • Approve compensation & awards to the Company’s Directors & KMP

Corporate Social Responsibility Committee

The purpose of the Corporate Social Responsibility committee is to assist the board of directors in fulfilling the company’s corporate social responsibility in giving back to the society. The committee is responsible for overseeing the various CSR initiatives undertaken by the company, planning & monitoring budget for these activities, and defining focus areas for new activities.