Rategain Travel Technologies Limited has informed the Exchange regarding a press release dated Jun 24, 2025, titled "Press Release on "RateGain appoints Sanchit Garg as EVP & GM to Lead Global Rev-AI & Car Business"".
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RateGain Travel Technologies has appointed Sanchit Garg as Executive Vice President and General Manager to lead its global Rev-AI and Car business verticals. Sanchit is an IIT Delhi and IIM Calcutta alumnus who previously founded Rartogo, a Sequoia-backed cross-border platform he scaled to $7M ARR, and held senior roles at Lazada (Alibaba) and Group ONE. He began his career as a software engineer and also worked at McKinsey. Founder and MD Bhanu Chopra welcomed the appointment, citing Sanchit's experience as key to driving AI-led growth in the travel and mobility segments. The move supports RateGain's push to expand its AI-powered SaaS offerings across hotels, airlines, OTAs, and car rentals globally.
This is a senior leadership addition, not a CEO change, so direct stock price impact is likely limited. Investors may view it positively as it signals continued investment in the high-growth Rev-AI and Car verticals, which are core to RateGain's growth strategy.