Rategain Travel Technologies Limited has informed the Exchange regarding a press release dated Jun 05, 2025, titled "Press Release on RateGain s Booking Engine Partners with Razorpay to Power Seamless Hotel Payments Across India ".
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RateGain has announced a strategic partnership between its Booking Engine and Razorpay, India's leading full-stack payments platform, to enable seamless hotel payments across India. Hotels using RateGain's Booking Engine will now be able to offer guests a wide range of payment options including UPI, mobile wallets, net banking, credit and debit cards, EMIs, and Pay Later solutions. The integration also brings real-time transaction tracking, automated settlement reports, centralized dashboards, and PCI DSS Level 1 and SOC 3 security compliance with advanced fraud detection. The move comes as India's travel and hospitality sector is projected to reach $125 billion by 2027, with over 70% of hotel bookings expected to be made digitally. RateGain is positioning this as part of its AI-first strategy to drive higher conversion and simplify hotel operations.
This partnership strengthens RateGain's booking engine value proposition in the Indian market, potentially boosting customer wins and revenue per hotel. Positive for the company's growth narrative though no immediate financial impact is disclosed.