Rategain Travel Technologies Ltd Share Price – NSE /  BSE

IT - Software, Small Cap

RateGain Travel Technologies announced that it has been featured on the list of the Deloitte Technology Fast 50 India 2024. This marks the sixth time RateGain has been featured on the list, which recognizes India's 50 fastest-growing technology companies.

The Deloitte India Technology Fast 50 program, launched in 2005 by Deloitte Touche Tohmatsu India LLP, evaluates companies based on revenue growth over three years. As part of a broader Asia Pacific initiative, it celebrates dynamic technology businesses across sectors, including internet, biotechnology, and hardware. RateGain's consistent presence on the list highlights its ability to deliver innovative solutions that unify distribution, optimize pricing, and leverage real-time data to empower global travel and hospitality businesses. In FY24, RateGain achieved 69.3% growth in operating revenue, reaching INR 9,570.3 million. These results underscore the company's ability to drive growth through innovation, operational excellence, and a strong focus on delivering value to its clients.

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RateGain Travel Technologies has been recognized by Great Place to Work® India as one of India's Best Workplaces in IT & IT-BPM 2024 - Top 100.

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RateGain Travel Technologies announced that it has been recognized by The Economic Times as the Best B2B Travel Technology Provider and ranked among the Top 10 by Forbes India and DGEMS Select 200.

Being named the Best B2B Travel Technology Provider at The Economic Times Travel and Tourism Awards highlights RateGain's impact in unifying distribution, optimizing pricing, and delivering actionable insights through real-time data. Furthermore, out of 200 companies evaluated by Forbes India and DGEMS, RateGain secured a place in the Top 10, reaffirming its leadership in driving growth and redefining travel technology.

These honors underscore RateGain's unwavering commitment to revolutionizing the travel technology landscape with cutting-edge solutions that enable businesses worldwide to excel in a rapidly changing ecosystem. Earlier this year, RateGain's growth was also recognized by the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality (NYU SPS) as a case study for students exploring hospitality, technology, and marketing.

With presence in over 100 countries, RateGain continues to lead innovation, delivering transformative solutions that ensure long-term success for its global partners.

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RateGain Travel Technologies announced today that Vietjet Thailand, a subsidiary of the Vietjet group, has selected AirGain, RateGain's advanced pricing intelligence platform, to gain real-time competitive insights. This strategic collaboration highlights Vietjet Thailand's commitment to delivering affordable and seamless travel experiences across its expanding network in Thailand and Asia.

A leading low-cost carrier in Thailand, Vietjet Thailand today operates a robust network throughout the region, connecting major cities and popular tourist destinations. The airline has established itself as a reliable player in the low-cost aviation sector, known for offering budget-friendly fares and efficient services. With a modern and efficient fleet, Vietjet Thailand continues to expand its reach, enter new markets, and solidify its position in Asia's aviation industry. However, as competition intensifies and market conditions evolve, the airline faces the challenge of maintaining price leadership while managing fluctuating demand, rising operational costs, and changing customer expectations.

Through its partnership with AirGain, Vietjet Thailand will gain access to real-time competitive pricing data from over 300 airlines and 50+ OTAs. These insights will empower the airline to refine its dynamic pricing strategies and enhance promotional efforts to remain competitive in a rapidly evolving market. By optimizing pricing models and monitoring shifting market trends, Vietjet Thailand will ensure that its fares align with demand while delivering greater value to travelers. The partnership also supports Vietjet Thailand's ambition to grow sustainably across key markets by offering affordable fares without compromising service quality.

As Vietjet Thailand continues to expand, it will leverage AirGain's platform to identify new growth opportunities and respond quickly to market dynamics. With the ability to adjust fares and promotions in real time, the airline is well-positioned to meet the evolving preferences of modern travelers while maintaining its leadership in the low-cost segment.

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