Rategain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India. It offer travel and hospitality solutions across a wide spectrum of verticals including hotels, airlines, online travel agents (OTAs), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. It is one of the largest aggregators of data points in the world for the hospitality and travel industry. It offer a suite of inter-connected products that manage the revenue creation value chain for its customers by leveraging its big-data capabilities and integration with other technology platforms helping hospitality and travel providers acquire more guests, retain them via personalized guest experiences and seek to maximize their margins.
In a highly fragmented landscape of travel technology providers, the company offers a platform that bridges the data gap across the hospitality and travel industry. It provide inter-operable products that leverage data across internal and external sources, unlock value through integration and enable better, faster and automated decision making. Its solutions help hospitality and travel and companies find the right guest, decide the right price, distribute it to the preferred channel of the guest and once converted, helps them have an exceptional experience.
Business area of the company
Rategain Travel Technologies is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.
Key awards, accreditations and recognition
2016: The company was awarded Deloitte’s 2016 Asia Pacific Technology Fast 500 Award.
2018: The company was awarded CSR Leadership award by UBS Forum.
2019: The company was awarded best Mobility Solution from Express IT Awards.
2019: The company featured in Deloitte Technology Fast 50 India Rankings by Deloitte Touche Tohmatsu India LLP.
2019: The company was awarded Best Technology Innovator of the Year Award from HSMAI Region Europe Awards.
2020: The company was awarded Most Innovative Start-up’ at the Economic Times Innovation Awards.
2020: The company was regional runner up in Asia in UNWTO’s Healing Solutions for Tourism Challenge.
2020: The company was awarded Most Disruptive Travel Tech for its Smart Distribution Product by BW Business World and BW Disrupt Techtors.
2020: The company featured in Deloitte Technology Fast 50 India Rankings published by Deloitte Touche Tohmatsu India LLP.
2021: The company was awarded ‘Award for leading HR Practices in Quality Work Life’ and ‘Diversity Impact Award’ by World HRD Congress.
Major events and milestones
2012: Incorporation of the Company.
2014: Wagner invested in the company through subscription of 84,516 Series A CCCPS and purchase of 105,645 equity shares of face value of Rs 10 by way of a Series A SSPA.
2014: Pursuant to demerger of RateGain IT Solutions Private Limited, the Hospitality and Travel Business of RateGain IT Solutions was vested into the company.
2018: RateGain US, one of its Subsidiaries has acquired the assets of DHISCO Electronic Distribution, Inc. and DHISCO, Inc., by entering into an Asset Purchase Agreement dated July 14, 2018.
2019: RateGain US, one of Subsidiaries has entered into an Agreement and Plan of Merger dated June 11, 2019 and indirectly acquired BCV Social LLC and its MarTech business
2020: Avataar invested in the company through subscription of total 63,808 Series B CCCPS of its Company in two tranches, by way of a Series B SSA.
2021: RateGain UK, one of its Subsidiaries has acquired Myhotelshop GmbH, by entering into a sale and purchase agreement dated September 10, 2021.