Thomas Cook (India) Ltd. Approves Supplemental Agreement for Co-developing Travel AI Platform with Atirath Technologies

Thomas Cook (India) Ltd. (TCIL) has approved the execution of a Supplemental Agreement to the Share Subscription cum Joint Venture Agreement with Atirath Technologies Private Limited. This agreement is for investing in Indian Horizon Marketing Services Limited (JV Co.) for the purpose of co-developing the Travel AI Platform. TCIL will continue to hold 50% in the JV Co., and the balance 50% will continue to be held by Atirath. This investment is part of TCIL's growth strategy and will assist the Thomas Cook Group with a suite of proprietary intellectual property for the travel domain utilizing Artificial Intelligence (AI).