Tabhi has acquired Mondee in a Chapter 11 restructuring, boosting its liquidity and capital structure.

Mondee, a prominent company in the travel marketplace and artificial intelligence (AI) technology sector, has recently undergone an acquisition and recapitalization process. This move signifies a significant development in the industry, as a well-established player in the market has been involved. The details regarding the acquisition and recapitalization have not been explicitly stated. However, the fact that Mondee is recognized as a leader in both the travel marketplace and AI technology underlines the magnitude of this event. The acquisition and recapitalization are expected to have far-reaching implications on the company's operations and future trajectory. This development highlights the intense competition and dynamic nature of the travel industry, where companies like Mondee are valued for their innovative approach and technological expertise.