RATEGAIN TRAVEL TECHN LTD

Operates a Software-as-a-Service business selling technology platforms to the travel and hospitality industry, with revenue earned through subscriptions and usage-based fees from hotels, airlines, and travel intermediaries. The portfolio is split across product lines including UNO (an integrated hotel platform covering guest acquisition, website, booking conversion, distribution, and pricing), AirGain (an AI-driven airline pricing intelligence tool), Agentic ARI / Enterprise Connectivity (a hotel channel manager and demand distribution layer), and Sojern (a digital marketing platform for travel demand). Recent commercial wins include a Philippine Airlines deployment of AirGain for daily route-level pricing, a Citrus Leisure rollout of UNO across three Sri Lankan hotels, a connectivity partnership with Duetto to push rate updates across 400+ demand channels, and a distribution tie-up with last-minute booking app Cinko. The business is asset-light: capex is 0.2% of revenue, materials are 0%, while employee cost is 39% of revenue and other operating expenses (covering cloud, data, marketing, third-party content) are 42.5%. Revenue in FY26 was ₹1,823.554 crore with a 19.97% EBITDA margin and net profit of ₹194.387 crore.