Rategain Travel Technologies Ltd Share Price – NSE /  BSE

IT - Software, Small Cap

RateGain Travel Technologies announced today that TAAG Angola Airlines E.P., Africa's premier airline with 70 years of operation, has chosen AirGain, an airline revenue management product by RateGain, to gain real-time competitive insights. This partnership enables TAAG Airlines to make informed pricing decisions for both domestic and international markets.

The partnership with RateGain is a strategic leap for TAAG Angola Airlines E.P., underlining its dedication to leveraging cutting-edge technology to enhance its market responsiveness. The decision to adopt AirGain was influenced by the product's superior real-time analytics and competitive intelligence capabilities. AirGain's advanced analytics provide an unparalleled depth of insight, allowing the airline to foresee market trends and adjust pricing strategies proactively. This partnership is particularly crucial as it equips TAAG with the agility to respond to the global aviation market's dynamic nature, especially post-pandemic.

AirGain's data will facilitate TAAG's revenue team in monitoring and responding to market changes by tracking dynamic price fluctuations. The platform's capability to configure preset alerts based on relevant parameters ensures that TAAG will be among the first to be aware of significant market shifts, thereby maintaining a competitive edge.

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RateGain Travel Technologies has allotted 17,880 equity shares under ESOP on 04 September 2024. With this allotment, the paid up equity share capital has increased to Rs. 117,935,611/- (117,935,611 equity shares of Re. 1/- each).

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RateGain Travel Technologies (RateGain) has been honored as a Strategic Partner by the Agoda Connectivity Partner Program. This program acknowledges top connectivity providers, including channel managers and property management systems that maintain superior connection quality.

As a Strategic Partner, RateGain is celebrated for its reliable connections, diverse technical solutions, and steadfast commitment to partnership values.

RateGain's collaboration with Agoda began in 2009. Over the years, their partnership has focused on ensuring that partner properties benefit from the latest technology, enabling quicker and more effective decision-making.

Through RateGain's channel manager, Agoda has been able to help accommodation partners save hours of effort by directly updating rate plans and content.

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Rategain Travel Techs. announced that the Annual General Meeting (AGM) of the company will be held on 16 September 2024.

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