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. Powered by Capital Market - Live

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. Powered by Capital Market - Live

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. Powered by Capital Market - Live

This strategic collaboration highlights Vietjet Thailand's commitment to delivering affordable and seamless travel experiences across its expanding network in Thailand and Asia. Vietjet Thailand, a leading low-cost carrier, operates a strong regional network connecting major cities and popular destinations. Known for budget-friendly fares and efficient service, it continues to expand with a modern fleet. However, amid growing competition and evolving market conditions, the airline faces challenges in maintaining price leadership while managing fluctuating demand, rising costs, and shifting customer expectations. Through its partnership with AirGain, Vietjet Thailand will access real-time competitive pricing data from over 300 airlines and more than 50 OTAs. This will enable the airline to refine its dynamic pricing strategies, enhance promotions, and stay competitive in a fast-evolving market. By optimizing pricing models and tracking market trends, Vietjet aims to align fares with demand, offering better value to travelers while supporting sustainable growth and maintaining high service quality. Pinyot, head of commercials for Vietjet Thailand, said, In the competitive world of low-cost aviation, having real-time insights is vital for maintaining our edge. With AirGain's platform, Vietjet Thailand can monitor market trends and optimize our pricing to offer the best value to our passengers. We are excited about this collaboration and the opportunities it brings to improve our service and extend our market reach. Vinay Varma, senior vice president and general manager at AirGain, added, We are delighted to partner with Vietjet Thailand, a dynamic low-cost carrier in the region. AirGain's pricing intelligence will help Vietjet Thailand navigate competitive pressures, drive growth, and set new standards for affordability and service quality. We look forward to supporting their ongoing success and innovation in the airline industry. RateGain Travel Technologies is a global provider of SaaS solutions for travel and hospitality. It 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 businesses. RateGain Travel Technologies added 2.74% to Rs 843 after the company's consolidated net profit jumped 73.8% to Rs 52.21 crore on 18.12% rise in revenue from operations to Rs 277.26 crore in Q2 FY25 over Q2 FY24. Shares of RateGain Travel Technologies rose 0.32% to Rs 703 on the BSE.Powered by Capital Market - Live

RateGain Travel Technologies has introduced Demand Booster, an innovative end-to-end digital marketing solution designed to empower hoteliers to maximize direct bookings and improve return on ad spend (ROAS). Demand Booster is a comprehensive all-in-one solution that is designed to address these challenges. By integrating campaign management into a single user-friendly platform, offering seamless performance tracking and ensuring demand intelligence across 1100+ data sources, Demand Booster empowers hotels to focus on what matters: engaging guests and driving bookings. Powered by the world's largest data lake for travel pricing and intent data, Demand Booster integrated with RateGain's Hotel Commerce Cloud UNO allows hoteliers to target guests at each stage of the booking journey, from dreaming to conversion, driving greater engagement and revenue directly through hotel websites - all from a single platform. As part of UNO, Demand Booster makes it easy for hotels to manage their paid advertising efforts to drive direct bookings seamlessly across search, metasearch, and social media leveraging display and retargeting within a single solution helping deliver maximum returns. With an added feature of auto budget management, Demand booster will ensure that your direct bookings ROAS is always above your target. Powered by Capital Market - Live

RateGain Travel Technologies announced the appointment of Mukesh Kumar as its new General Counsel and Company Secretary, joining as Senior Vice President - Legal & Compliance. In this role, Mukesh will oversee and strengthen RateGain's legal and compliance framework, guiding the organization through evolving regulatory landscapes and supporting its ambitious global growth. Powered by Capital Market - Live

Net profit of Rategain Travel Technologies rose 73.80% to Rs 52.21 crore in the quarter ended September 2024 as against Rs 30.04 crore during the previous quarter ended September 2023. Sales rose 18.12% to Rs 277.26 crore in the quarter ended September 2024 as against Rs 234.72 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales277.26234.72 18 OPM %21.7219.78 - PBDT77.2149.71 55 PBT68.5039.28 74 NP52.2130.04 74 Powered by Capital Market - Live

Profit before tax stood at Rs 68.50 crore, climbing 74.39% from Rs 39.28 crore posted in the same period a year ago. EBITDA increased 29.73% year on year to Rs 60.22 crore in the quarter ended 30 September 2024. EBITDA margin improved to 21.7% in Q2 FY25 as compared to 19.8% registered in the similar quarter previous fiscal. The company said that it continues to focus on customer excellence and meeting this demand of the industry through strategic investments and partnerships contributing to a healthy pipeline of Rs 469.1 crore. The company posted an LTV-to-CAC ratio of 15.1x and Revenue per Employee of Rs 1.34 crore, reflecting high productivity. RateGain's Annual Recurring Revenue reached an all-time high of Rs 1,109.02 crore. Bhanu Chopra, founder and chairman, RateGain Travel Technologies, said, 'We continue to show resilience and consolidate our position as the leading technology partner for marquee brands, in an evolving market. Solutions that drive profitability and deliver better returns are a key priority for the industry and RateGain continues to be the preferred choice for industry leaders to achieve their goals. We are committed to deliver customer excellence and sharpen our focus on growth through product, GTM innovation as well as strategic partnerships that will yield results in the future and help RateGain gain a strong foothold in new markets.' Tanmaya Das, chief financial officer, RateGain Travel Technologies, said, ''We are pleased to report a healthy operating performance for Q2, marked by a steady well-rounded growth and robust operating margin expansion of 190 bps YoY. This demonstrates the strength of our SaaS based business model with its resilient and predictable revenue streams. We maintain a focus on operational excellence while investing strategically to drive sustainable value for our customers and stakeholders. This balanced approach enables us to deliver strong results and build a solid foundation for long-term success.' RateGain Travel Technologies is a global provider of SaaS solutions for travel and hospitality. It 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.Powered by Capital Market - Live

Rategain Travel Techs. has revised the meeting of the Board of Directors which was scheduled to be held on 8 November 2024. The meeting will now be held on 11 November 2024.Powered by Capital Market - Live

RateGain Travel Technologies announced that Flight Centre Travel Group (FCTG), a global leader in leisure and corporate travel across 25+ countries, including Australia, New Zealand, the Americas, Europe, and Asia, has enhanced its competitive edge by adopting AirGain's advanced price intelligence solution. With the introduction of AirGain's Power Compare feature, FCTG can now efficiently compare airfares across OTAs, gaining actionable insights to boost profitability and strengthen market positioning. With AirGain's new Power Compare feature, FCTG efficiently compares airfares across OTAs, gaining insights to boost profitability. The AI-driven technology has improved decision-making and increased revenue, with 99.6% data sufficiency and 100% issue resolution through dedicated support. A new Gen-AI powered dashboard promises further innovation. Powered by Capital Market - Live