Small-cap stock RateGain Travel inks a new partnership; know more

About the Partnership

RateGain Travel Technologies Limited, a global provider of SaaS solutions for travel and hospitality today announced that Air Seychelles a leading airline in the Indian Ocean has chosen to partner with RateGain for its AirGain platform. This partnership will provide Air Seychelles with real-time competitive pricing insights for both its domestic and global routes.

The AirGain platform offered by RateGain provides revenue management solutions for both airlines and online travel agencies including real-time price intelligence and rate parity solutions among others.

The partnership comes at a time when the aviation industry is experiencing rapid growth and increased competition. Air Seychelles is poised to leverage AirGain’s advanced technology to ensure it offers the most competitive prices, aligning with its commitment to providing value and quality service to its customers.

Emerging as a leading choice for pricing by national and regional airlines in Asia and Africa, AirGain’s price intelligence solution is poised to significantly enhance Air Seychelles’ approach to pricing strategy, unlocking daily opportunities for growth.

Stock Performance

In the last trading session, the stock closed at Rs 847.30. Today, it opened at Rs 840.70 and currently trading at Rs 862.75, up by 1.82%. The shares of the company have a 52-week high of Rs 885, while its 52-week low stands at Rs 314. Currently, the company boasts a market capitalisation of approximately Rs 10,200 crore. Looking back over the past year, the company’s shares have yielded multibagger returns of 137.86%, in the same time frame BSE IT has changed by 27.74%.

About the Air Seychelles

Founded in 1977, Air Seychelles the national airline of the Republic of Seychelles has played a pivotal role in the country’s tourism industry since its inception. Operating from its hub at Seychelles International Airport, it has established a network that offers both domestic and international services.

About the company

RateGain Travel Technologies Limited 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.

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