Tabhi acquires Mondee in Chapter 11 for boosting liquidity and capital. Mondee offers AI tech in the travel sector.

A prominent travel marketplace and artificial intelligence (AI) technology company, Mondee, has recently been acquired and recapitalized. This move has generated significant interest in the industry due to the company's reputation and the value of the acquisition. The exact numbers involved in the acquisition and recapitalization have not been disclosed publicly, but industry experts estimate the deal to be worth in the millions. This acquisition highlights the growing influence of AI technology in the travel sector and the consolidation trend in the industry.