User:Aerielm/sandbox

= Mondee Holdings = Mondee Holdings, Inc. is a global travel technology company incorporated under Delaware General Corporation Law and based in Austin, Texas. Mondee Holdings owns and operates several travel technology platforms including Rocketrip, TripPlanet, TripPro, and Unpub. Their customers and partners include travel agencies, gig workers, major corporations , SMBs, ancillary service providers , and travelers.

Prasad Gundumogula is the co-founder and current CEO of Mondee Holdings.

On December 20, 2021 Mondee entered an agreement to merge with ITHAX Acquisition Corp, a Special Purpose Acquisition Company in a bid to become a public company.

On July 19, 2022 Mondee Holdings officially became a publicly listed company on the NASDAQ and began trading under the "MOND" ticker.

Mondee Holdings announced their second quarter 2022 financial results on August 15, 2022.


 * Gross Revenue of $614.8M Increased 180% Year-Over-Year
 * Net Revenue of $42.7M Increased 81% Year-Over-Year
 * Adjusted EBITDA of $4.4M Increased from $0 in the Same Quarter Last Year
 * Initiates 2022 Annual Guidance of Net Revenue Expected to Reach $150-160M

Mondee employs more than 1,000 people at 17 offices in the U.S. and Canada, with operations in India, Thailand, and Ireland.

History
Mondee was founded in Silicon Valley, California in 2011 with the acquisition of Skylink, Exploretrip, cFares, and C&H International. The next year they acquired two additional consolidators, Transam and Hariworld, becoming the largest airline consolidator in North America.

In 2014 Mondee launched the consolidator airfare booking platform, TripPro. In 2017, they upgraded the original TripPro platform with TripPro Unicorn, an integrated marketing platform and a post-ticketing self service platform.

Mondee’s travel marketplace combines technology and acquisitions to connect 50,000 travel agents and 500 airlines through a globally connected technology platform, travel content, an integrated conversational commerce engine, digital marketing campaign management, and fintech solutions.

By 2019, Mondee had reached $3 billion in sales volume, supporting over 50 million unique daily searches and processing over 5.4 million tickets.

Growth Into New Markets
In 2019, Mondee moved into new market segments, specifically the retail travel market, with the acquisition of LBF Travel whose brands include Smartfares, Hotelwiz, Booking Wiz and Avia.

Mondee also acquired the leading corporate travel reward platform, Rocketrip, in 2019 as well as Cosmopolitan Travel Services and its Canadian tour operator, Leto Travel.

Management
Prasad Gundumogula was named Chief Executive Officer in 2011 and remains in that role today. In 2022, Gundumogula also became chairman of the board of directors.

In 2022, Mondee appointed Orestes Fintiklis as the Vice Chairman of the Board and Chief Corporate Strategy and Business Development Officer.