10 Things to know about RateGain Travel Technologies Limited

1. RateGain Travel Technologies Limited is among the leading distribution technology companies globally and is the largest Software as a Service ("SaaS") company in the hospitality and travel industry in India.
2. Company is one of the largest aggregators of data points in the world for the hospitality and travel industry. (Source: Phocuswright Report);
3. Company has developed a comprehensive product portfolio that caters to the technology ecosystem for the hospitality and travel industry and in particular, to enterprise and mid-market customers for revenue management decision support, competitive intelligence, distribution and social media marketing, online reputation and brand engagement
4. Company offers a wide range of travel and hospitality solutions across the spectrum of verticals: hotels, airlines, OTAs and METAs, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries (Source: Phocuswright Report).
5. Company marquee global customers includes 25 out of the top 30 OTAs, several of the world's fastest-growing airlines, 23 of the top 30 hotel chains, tour operators and wholesalers, all leading car rental companies, all large cruise lines, and the largest travel management companies (Source: Phocuswright Report);
6. Company's has customer base of 1,434 customers including eight Global Fortune 500 companies comprised both travel suppliers and travel intermediaries including airlines, hotels, cruise lines, car rental companies, online travel agents, tour operators and wholesalers.
7. Company is focused on developing applications that use data science, artificial intelligence and machine learning. Through RateGain Labs, its in-house incubator, company has develop data and AI driven products for the travel that includes OPTIMA, Parity+, AirGain, CarGain and FerryGain that offer customers competitive pricing intelligence leveraging an AI-powered data platform while tracking real-time parity with features such as advanced dashboards, identification of key violators and reasons, revenue leakage. Its revenue optimization products, Rev.AI offer revenue management through historical pricing insights
8. Company has maintained focus on capital efficiency and have grown without incurring material indebtedness. Its conservative approach of operating with low debt has enabled it to remain in a good position during the COVID19 crisis.
9. Company balance sheet position enables us to make strategic investments by acquiring stakes in certain companies, and consolidate our position by acquiring brands, complementary technologies and product lines. It has established a track record of successful inorganic growth through strategic acquisitions to supplement
10. Company intends to continue expand its MarTech vertical in areas such as (i) Social media monitoring; (ii) Reputation management; (iii) Social media influencer engagement and management; (iv) Social media advertising and (v) Expansion of Social platform

Source : Equity Bulls

Keywords

RateGainTravelTechnologies SaaS Travel Tourism IPO FundRaising 10ThingstoKnow