Latest news with #RateGain
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Business Standard
6 days ago
- Business
- Business Standard
RateGain Travel shares gain 2% as company partners with Air Montenegro
RateGain Travel Technologies share price gained 2.3 per cent in trade on Tuesday, June 17, 2025, logging an intraday high at ₹438.75 per share on BSE. At 11:36 AM, RateGain shares were trading 1.52 per cent higher at ₹435.1 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 81,601.19. The company's market capitalisation stood at ₹5,136.51 crore. Its 52-week high was at ₹856.5 per share and 52-week low was at ₹365 per share. Why are RateGain Technologies shares buzzing in trade? The stock was in demand after the company partnered with Air Montenegro, the national airline of Montenegro. According to the company filling, Air Montenegro has selected AirGain by RateGain - a globally trusted, AI-powered airfare pricing intelligence platform for gaining real-time competitive insights. Further, with AirGain's advanced airfare pricing intelligence, Air Montenegro will gain access to real-time competitor pricing data from both direct airline websites and indirect channels like OTAs and GDSs. OTA (Online Travel Agency) and GDS (Global Distribution System) are both platforms used in the travel and airline industries. The solution enables airline pricing teams to track route-level trends, spot anomalies, benchmark fare positions, and proactively respond to competitor moves — all within a single, intuitive dashboard. About Air Montenegro Air Montenegro is the flag carrier of Montenegro, based in Podgorica. Operating a modern fleet, the airline connects Montenegro to key destinations across Europe, contributing to the country's economic development and tourism growth. Learn more at About RateGain RateGain Travel Technologies is a global provider of AI-powered SaaS solutions for travel and hospitality that works with 3,200+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion. RateGain today is one of the world's largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with 26 of the Top 30 Hotel Chains, 25 of the Top 30 Online Travel Agents, 3 of the Top 4 Airlines, and all the top car rentals, including 16 Global Fortune 500 companies in unlocking new revenue every day.
Business Upturn
10-06-2025
- Business
- Business Upturn
RateGain partners with LIAT to power Caribbean airline pricing with AI-powered AirGain platform
RateGain Travel Technologies Limited, a global leader in AI-powered SaaS solutions for travel and hospitality, has announced a strategic partnership with LIAT (2020) Limited, the Caribbean's regional airline, to deploy AirGain — RateGain's next-gen airfare pricing intelligence platform. This collaboration marks a pivotal step in LIAT's digital transformation and regional connectivity ambitions. LIAT (2020) Limited, which commenced operations in August 2024, plays a crucial role in connecting the Eastern Caribbean, flying to key destinations such as Antigua, Barbados, Dominica, Grenada, St. Lucia, and St. Vincent. With a strong focus on revitalizing underserved routes, boosting regional tourism, and modernizing operations, LIAT is rapidly emerging as a vital player in Caribbean aviation. In a region known for price-sensitive travelers and growing competition, LIAT's adoption of AirGain equips its revenue management teams with real-time, AI-powered fare intelligence across direct and indirect sales channels—including airline websites, OTAs, and GDSs. This enables faster, more dynamic pricing decisions to match changing market demand and traveler behavior. 'Partnering with RateGain allows us to move towards a more agile, tech-enabled future. With travel demand rising and competitive pressure increasing, pricing accuracy is critical. AirGain gives us the visibility and insights we need to remain competitive and affordable,' said a spokesperson from LIAT. Meanwhile, RateGain continues to innovate with Route Performance Digest, an AI-powered module under AirGain, now being introduced to Tunisair. This tool provides daily performance insights, helping airlines detect anomalies, optimize pricing, and make proactive decisions—essential in today's dynamic travel market. With this dual expansion—supporting LIAT's regional connectivity goals and Tunisair's route intelligence needs—RateGain reinforces its leadership in bringing AI-powered fare optimization to airlines globally. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
09-06-2025
- Business
- Yahoo
RateGain partners with Razorpay to enhance hotel payments in India
AI-driven SaaS solutions provider RateGain Travel Technologies has partnered with Razorpay to streamline payment processing for hotels in India. This strategic collaboration integrates Razorpay's payment infrastructure with RateGain's Booking Engine, offering a secure and modern transaction experience for hotel guests. RateGain's Booking Engine will now provide a variety of payment options such as Unified Payments Interface (UPI), mobile wallets, net banking, and credit and debit cards, for both local and international. Additionally, guests can avail themselves of EMI options and Pay Later solutions, catering to a diverse range of payment preferences. Razorpay chief operating officer Rahul Kothari said: 'With India's travel and hospitality sector projected to reach $125bn by 2027, and over 70% of hotel bookings expected to be made digitally, the need for secure, seamless, and intelligent payment solutions has never been more critical. At Razorpay, we see payments as a strategic enabler for the industry's growth. 'Our partnership with RateGain is a testament to this belief, bringing together deep industry expertise and cutting-edge technology to empower hotels across India. By enabling real-time, reliable, and flexible payments, we're helping hoteliers not just meet but exceed the expectations of today's traveller.' The partnership not only improves the guest payment experience but also boosts operational efficiency for hoteliers. Features such as instantaneous transaction tracking, automated settlement reports, and centralised dashboards are set to streamline the reconciliation process, thus reducing manual efforts and the potential for errors. The transaction security is increased by Razorpay's PCI DSS Level 1 and SOC 3 compliance, coupled with fraud detection tools. RateGain chief strategy officer Yogeesh Chandra said: 'At RateGain, our focus is on helping hotels maximise revenue by simplifying guest experiences and driving higher conversion. 'This integration with Razorpay gives hoteliers a competitive edge, offering guests the flexibility to pay how they prefer while reducing checkout friction and increasing conversion. As part of RateGain's AI-first strategy, it also enables smarter automation behind the scenes to streamline operations and support faster decision-making.' In February 2024, RateGain launched Navigator, a unified rate insights platform designed to improve revenue management for the hospitality industry. "RateGain partners with Razorpay to enhance hotel payments in India" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Upturn
03-06-2025
- Business
- Business Upturn
RateGain launches REMO, its first AI-powered digital employee to enhance workplace communication
By Aman Shukla Published on June 3, 2025, 11:02 IST RateGain Travel Technologies Limited, a global provider of AI-driven SaaS solutions for the travel and hospitality industry, has announced the launch of REMO, its first AI-powered digital employee. The initiative aims to support workplace communication, employee well-being, and organizational transparency. REMO is part of RateGain's People and Culture team and has been developed as an always-on conversational AI. It allows employees to share feedback, express concerns, discuss career goals, or check in on their emotional well-being in a private and non-judgmental environment. Designed to reduce communication barriers, REMO supports open dialogue and is accessible at any time. This launch aligns with RateGain's broader AI strategy, focusing on enhancing—not replacing—human experience in the workplace. By integrating AI into its internal operations, RateGain seeks to embed empathy, individuality, and psychological safety into its organizational culture. REMO also reflects the company's effort to adapt to the needs of a distributed workforce by offering a scalable solution for internal communication and engagement. As a tool, it continues to evolve based on employee interactions, enabling the company to better understand workplace sentiment and employee expectations. With this step, RateGain becomes one of the early adopters globally to introduce a conversational AI assistant within its workforce, potentially setting a new direction for AI implementation in human resource functions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
26-05-2025
- Business
- Business Standard
RateGain Travel share pops 6% on healthy Q4 results; check key numbers here
RateGain Travel share price: RateGain Travel shares were in demand on the first trading day of the week i.e. Monday, May 26, 2025, with the scrip rallying up to 6.29 per cent to hit an intraday high of ₹537.20 per share. At 1:51 PM, RateGain Travel shares continued to trade near day's high level, up 5.66 per cent at ₹534 per share. In comparison, BSE Sensex was trading 0.56 per cent higher at 82,175.72 level. What triggered the rally in RatGain Travel share price on May 26? RateGain Travel share price rose on the back of robust March quarter of financial year 2025 (Q4FY25) results. The company's operating revenue rose 1.9 per cent year-on-year (Y-o-Y) to ₹260.6 crore, from ₹255.8 crore a year ago. Profit after tax (PAT) soared 9.6 per cent Y-o-Y to ₹54.8 crore in the March quarter of FY25, from ₹50 crore in the same quarter a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) zoomed 11.7 per cent annually to ₹60.5 crore in Q4FY25, from ₹54.2 crore a year ago. Subsequently, Ebitda margin expanded 200 basis points (bps) to 23.2 per cent, from 21.2 per cent a year ago. Notably, RateGain's global team grew to 821 employees, with an attrition rate of 10.5 per cent. Rohan Mittal, chief financial officer, RateGain Travel Technologies said, 'We close out the year on a steady note, consolidating our position amidst a challenging demand environment and with a strong performance on margins. With a continued focus on disciplined execution and enhanced operational efficiency, the company has delivered a record margin of 23.2 per cent. The evolving macro landscape, with shifting demand patterns and increased volatility, continues to pose both challenges and opportunities.' Mittal added, 'Given our global positioning and the opportunity ahead of us, we will be investing in our GTM motion to enhance market reach and customer engagement. We remain committed to balancing nearterm profitability with long-term value creation, to deliver the best outcomes for all key stakeholders.' About RateGain Travel RateGain Travel Technologies is among the leading global providers of AI-driven SaaS solutions for the travel and hospitality industry. With a presence in over 100 countries, RateGain serves more than 3,200 customers and 700 partners, helping them boost revenue through customer acquisition, retention, and increased wallet share. Founded in 2004, RateGain is one of the world's largest processors of electronic transactions, pricing data, and travel intent signals. Its solutions empower revenue management, distribution, and marketing teams across a wide range of sectors—including hotels, airlines, online travel agencies, car rentals, cruises, ferries, and travel management companies—to achieve superior business outcomes.
