Mondee
Mondee operates an AI-powered travel marketplace connecting 65,000+ travel agents, influencers, and organizations with global inventory across 500+ airlines, 1M+ hotels, and cruise lines. The company uses its Abhi AI assistant for conversational trip planning, monetizes via booking commissions and subscriptions, and was acquired by Tabhi out of Chapter 11 in April 2025.
- Company typePublic
- Founded2011
- HeadquartersAustin, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Mondee does
Mondee is an Austin-headquartered travel technology company operating an AI-powered two-sided travel marketplace that connects independent travel agents, influencers, and organizations with global travel inventory spanning 500+ airlines, 1M+ hotels and vacation rentals, 30K+ car rental locations, and 50+ cruise lines. Founded in 2011 by Prasad Gundumogula and taken public on Nasdaq via a SPAC merger with ITHAX Acquisition Corp in July 2022 at approximately $1 billion valuation, the company generated FY2023 net revenue guidance of $240-245M (roughly 52% YoY growth) before filing Chapter 11 in 2025 and being acquired out of restructuring by Tabhi in April 2025.
The core product is the Mondee Travel Marketplace, a mobile-first platform with multi-language and multi-currency support, anchored by Abhi, a proprietary AI travel assistant that combines generative AI, deep learning, computer vision, and recommendation engines to deliver conversational itinerary generation, personalized recommendations, and 24/7 support. Distribution is primarily through a network of 65,000+ travel experts, influencers, and affiliates (plus 125M+ affiliated group members) who earn commissions on bookings and share trips via Magic Link tools, supplemented by direct-to-consumer mobile apps on iOS and Android, an enterprise sales motion for employer and association travel benefits, and dedicated modules for SMB and corporate travel (Skypass). Mondee has expanded aggressively via acquisitions of Orinter ($40M, Brazil), Interep (Brazil), Consolid (Mexico), Skypass ($15M), and AI company Purplegrids ($19M), while also leveraging third-party foundational models from OpenAI, Google, and IBM within its AI stack.
Monetization is diversified across transaction fees and commissions on flight, hotel, cruise, car, and package bookings, subscription fees for ExpertSpace and Traveler plans, service and processing fees (ticket exchanges, refunds, cancellations), and affiliate revenue share with $10 referral bonuses. In 2025, the company exited Chapter 11 under Tabhi ownership, with Morgan Stanley having extended a $15M letter of credit in September 2024 to push term loan and preferred equity maturities to 2028 and provide working capital. The post-restructuring business continues to operate the marketplace and Abhi platform across North America, Latin America, and India-based operations.
Mondee firmographics
Firmographics- Name
- Mondee
- Legal name
- Mondee, Inc.
- Website
- https://mondee.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Mondee operates an AI-powered travel marketplace connecting 65,000+ travel agents, influencers, and organizations with global inventory across 500+ airlines, 1M+ hotels, and cruise lines. The company uses its Abhi AI assistant for conversational trip planning, monetizes via booking commissions and subscriptions, and was acquired by Tabhi out of Chapter 11 in April 2025.
- Ownership category
- akta.pro rank
Mondee industry classification
Industry- Product category
- Online Travel Marketplace
- NAICS
- Travel Agencies (561510), Travel Agencies (56151)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Destination/Activity Booking Marketplaces (Tours & Tickets Aggregators) (THAKAAAH)
- akta.pro secondary industries
- Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB), Hotel CRS & Booking Engines (THALADAA), Lodging & Vacation Rental Booking Platforms (BPAMAIAC)
Keywords
Where Mondee is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Mondee business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Travel Booking Commissions: Mondee earns commissions on flights, hotels, car rentals, cruises, and vacation packages booked through its marketplace. The platform connects 65K+ travel affiliates and experts who earn commissions while Mondee takes a transaction fee.
- Service and Processing Fees: Mondee charges service fees including cancellation fees ($35 per ticket within 24 hours), exchange fees (up to $100-300 depending on complexity), and card service fees. Refund processing fees up to $50 per ticket may be charged.
- Subscription Fees: Mondee offers subscription-based access to the marketplace under categories including Traveler and ExpertSpace plans, with access gated behind membership subscriptions.
- Affiliate Network Revenue Share: Travel influencers and affiliates earn commissions on bookings made through their referral links, with Magic Link tool enabling social sharing and $10 referral bonuses for new members.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Travelers access through travel experts or organizations |
| Subscription | Monthly | Travel Expert/Influencer Plans |
| Transaction based/ take rate | Pay-as-you-go | Transaction-based fees |
| Transaction based/ take rate | Pay-as-you-go | Referral bonus program |
| Transaction based/ take rate | Pay-as-you-go | Price Match Guarantee |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
Mondee product offering
Product offeringCore offering
Mondee operates an AI-powered travel marketplace that connects more than 65,000 travel experts, home-based agents, and travel influencers with global travel inventory — including 500+ airlines, 1 million+ hotels, 30,000+ car rental locations, 50+ cruise lines, and 100,000+ experiences. Its proprietary generative-AI assistant "Abhi" enables conversational itinerary generation, personalized recommendations, and multi-party booking across mobile and web. The platform monetizes primarily through booking commissions, with additional subscription and service-fee revenue.
Product overview
Mondee is a travel technology company operating a platform-plus-modules architecture centered on its AI-powered Mondee Travel Marketplace. The core platform connects travel professionals (agents, experts, influencers, and organizations) with global travel inventory including 500+ airlines, 1M+ hotels, 50+ cruise lines, and car rentals. Key products include Abhi, an AI travel assistant offering conversational commerce and personalized itinerary generation; specialized modules for travel agents/experts, influencers/affiliates, and organizations/employers; and a mobile app for booking management. Mondee has expanded through acquisitions including Orinter (Brazil), Consolid (Mexico), Interep (Brazil), Skypass Travel (corporate travel), and Purplegrids (AI company).
Differentiator
Problem solved
Functional benefit
Brands
- Abhi: AI-powered travel assistant that streamlines trip planning, booking, and management with personalized recommendations
- Mondee Marketplace
Products and services
- Mondee Travel Marketplace
Quantifiable outcome
- Access to 500+ airlines, 1M+ hotels/vacation rentals, 30K+ car rental locations, and 50+ cruise lines
- +3 more outcomes
Companies that use Mondee
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles4 records
Mondee technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature5 records
Mondee partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- PurplegridscoreAI company acquisition for approximately $19 million in all-stock deal. Purplegrids was founded by a former Apple developer and will be integrated into Mondee's technology stack to enhance AI capabilities.
- TISSINIcoreSocial selling platform partnership empowering U.S. Hispanic women. TISSINI's micro-network of 55,000 U.S. Hispanic women can expand into travel services through Mondee's platform, creating a new distribution channel for travel services.
- EBG (Expedia Group)minorPartnership on travel and entertainment technology platforms and subscription-based marketplaces.
- Arthur J. Gallagher & Co.corePartnership to expand access to TripPlanet subscription platform. Arthur J. Gallagher's network of small businesses and associations could drive subscriptions for Mondee's TripPlanet platform.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Mondee competitors and assessment
Company assessmentBroad incumbents
- Booking Holdings: Parent of Booking.com, Priceline, Agoda, KAYAK and OpenTable; the largest global OTA. Competes with Mondee in flight, hotel and ground inventory aggregation, and is also investing heavily in AI travel assistants (Penny, Trip Planner).
- Expedia Group: Major OTA parent of Expedia, Hotels.com, Vrbo, Trivago and B2B partner Egencia. Directly comparable to Mondee as a multi-brand travel marketplace with broad inventory, B2B supply, and AI-driven chat features.
- Airbnb: Global online marketplace for stays and experiences. While primarily accommodations-led, Airbnb overlaps with Mondee on AI-powered trip planning (Airbnb Winter 2024 AI features) and an increasingly direct consumer OTA motion.
- Tripadvisor: Travel meta-search and review platform with owned Viator (tours/activities) and TheFork (restaurants). Comparable to Mondee in travel content and inventory breadth, and increasingly in AI trip planning.
Direct peers
- Trip.com Group: Global OTA operating Trip.com, Ctrip, Skyscanner, and MakeMyTrip. Closely comparable to Mondee as a full-service multi-inventory travel marketplace with AI assistant TripGenie and strong Asia-Pacific and global expansion.
Emerging players
- Hopper: AI-native travel app offering flights, hotels, cars and fintech products. Comparable to Mondee's Abhi and Marketplace as a direct-to-consumer AI travel platform; overlaps in mobile-first booking and personalized recommendations.
- Klook: Asia-based tours, activities and travel services marketplace. Comparable to Mondee Marketplace on activity and inventory aggregation, with a strong creator/influencer motion and AI itinerary tools.
Regional players
- Despegar: Latin America's leading online travel agency headquartered in Argentina. Most directly comparable to Mondee for LATAM exposure (Mondee's Orinter/Interep/Consolid), competing for the same Brazilian and Mexican travelers.
- Traveloka: Leading Southeast Asia OTA with flights, hotels, attractions and financial services. Comparable to Mondee in marketplace structure, multi-product inventory and emerging AI features (Loka).
Others
- Sabre Corporation: Global travel technology and GDS provider serving airlines, hotels and agencies. Comparable to Mondee as a B2B travel tech platform powering agent workflows, with overlap in CRS, booking engines and NDC initiatives.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mondee social profiles
Digital presenceMondee financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mondee leadership team
Management profileNumber of profiles
Profiles8 records
Mondee subsidiaries and ownership
Company hierarchySubsidiaries5 records
Mondee funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mondee M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mondee
What does Mondee do?
Mondee operates an AI-powered travel marketplace that connects more than 65,000 travel experts, home-based agents, and travel influencers with global travel inventory — including 500+ airlines, 1 million+ hotels, 30,000+ car rental locations, 50+ cruise lines, and 100,000+ experiences. Its proprietary generative-AI assistant "Abhi" enables conversational itinerary generation, personalized recommendations, and multi-party booking across mobile and web. The platform monetizes primarily through booking commissions, with additional subscription and service-fee revenue.
Is Mondee a public or private company?
Mondee is a public company. It is classified as corporate owned and is currently operating.
When was Mondee founded?
Mondee was founded in 2011. It employs 1,001 to 5,000 people.
Where is Mondee based?
Mondee is headquartered in Austin, United States, in the North America region.
How does Mondee make money?
Four revenue lines are on record. Travel Booking Commissions are the primary driver. The others are service and Processing Fees, subscription Fees and affiliate Network Revenue Share.
Who are Mondee's main competitors?
Broad incumbents on record are Booking Holdings, Expedia Group, Airbnb and Tripadvisor. Trip.com Group is listed as a direct peer. Emerging players are Hopper and Klook. Regional players are Despegar and Traveloka. Sabre Corporation is listed as an others.
Does Mondee have an API?
No public API is recorded for Mondee.
What industry is Mondee in?
Mondee's product category is Online Travel Marketplace. Its primary akta.pro industry code is THAKAAAH, Destination/Activity Booking Marketplaces (Tours & Tickets Aggregators), with a secondary code of THAKACAB, Online/Hybrid Corporate Travel Agencies (Self-Booking + Support). Its NAICS code is 561510 and its SIC code is 7373.