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Articles tagged “mondee”

Travel Technology

Travel Tech Rollup Mondee’s Public Debut Sets Stage for New Organic Growth

They did it. Despite the cratering of the stock market, Mondee went public on Nasdaq. Sure, most investors vetoed the blank check merger. But still, a win is a win — for now.

Sean O'Neill | 2 years ago

Travel Tech Rollup Mondee’s Public Debut Sets Stage for New Organic Growth

Startups

The Problems in Mondee’s Plan to Go Public

The air travel aggregator is likely to get a $1 billion valuation in a merger with a special purpose acquisition company. But its disclosures are thin, and paint something less than a picture of certain success.

Skift | 2 years ago

The Problems in Mondee’s Plan to Go Public

News Blog

Mondee Adds 6 Million Subscribers Ahead of SPAC Deal

Travel technology company Mondee has seen “enhanced marketing costs” as it builds up the number of subscribers for its travel platforms. The company now has 10 million users signed up to its subscription products including TripPlanet and Unpub, compared to four million in December last year. The boost may be a result of its new…

Matthew Parsons | 2 years ago

Startups

Raus Raises $3 Million for Nature-Themed Escapes: Travel Startup Funding This Week

This week, Germany's Raus topped up its investment to attract more city dwellers and nature enthusiasts to its cabin getaways, while Mondee secured $20 million as it gears up to go public.

Matthew Parsons | 2 years ago

Raus Raises $3 Million for Nature-Themed Escapes: Travel Startup Funding This Week

Travel Technology

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Some recent efforts by businesses to go public via mergers with blank check companies have stalled or fizzled. But it's a vote of confidence in Mondee that Travelport's financial sponsors, Elliott Management and Siris Capital, are reportedly putting up money to support the travel tech company in going public.

Sean O'Neill | 2 years ago

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Travel Technology

Travel Tech Rollup Mondee Still Aims to Go Public Via $1 Billion Blank Check Deal

Interest in special-purpose acquisition companies, or SPACs, has fizzled. The sell-off in market silliness could mean that investing in a profitable leisure travel wholesaler like Mondee via a SPAC is no longer a high-risk calculation.

Sean O'Neill | 2 years ago

Travel Tech Rollup Mondee Still Aims to Go Public Via $1 Billion Blank Check Deal

Business Travel

Travel Tech Firm Mondee Strikes Subscription Partnership Ahead of Going Public

Mondee's highly tactical deal taps into Arthur J. Gallagher & Co's sprawling network of small businesses and associations, which could drive subscriptions for its TripPlanet platform.

Matthew Parsons | 2 years ago

Travel Tech Firm Mondee Strikes Subscription Partnership Ahead of Going Public

Online Travel

Mondee Buys Rocketrip in a Bullish Bet on Biz Travel Returning With Plans to Scale Rewards Programs

Expect other travel tech players to pick up promising startups at a discount during the pandemic.

Sean O'Neill, Skift | 4 years ago

Mondee Buys Rocketrip in a Bullish Bet on Biz Travel Returning With Plans to Scale Rewards Programs

Business Travel

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Mondee's acquisition of fast-growing CTS (Cosmopolitan Travel Service) makes the group North America's largest airfare wholesaler by market size. Notably, Mondee could afford the deal thanks to fresh backing by TCW Group, a giant asset management firm. Lots of institutional money is seeking opportunities in travel this year.

Sean O'Neill, Skift | 4 years ago

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Online Travel

Fly.com Buyers Reluctantly Identified as Owners of Airfare Wholesaler Mondee

Mondee, a travel technology company in California, paid $2.89 million for the Fly.com domain name, according to our sources. But the story behind this secretive company is also a broader tale about private equity, ethnic travel, and how airlines distribute their lowest-priced tickets.

Sean O'Neill, Skift | 7 years ago

Fly.com Buyers Reluctantly Identified as Owners of Airfare Wholesaler Mondee