RateGain Travel Technologies moves up on completing acquisition of Sojern
RateGain Travel Technologies is currently trading at Rs. 687.55, up by 2.45 points or 0.36% from its previous closing of Rs. 685.10 on the BSE.
The scrip opened at Rs. 692.05 and has touched a high and low of Rs. 708.45 and Rs. 677.80 respectively. So far 12937 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 853.30 on 11-Nov-2024 and a 52 week low of Rs. 365.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 708.45 and Rs. 633.80 respectively. The current market cap of the company is Rs. 8025.88 crore.
The promoters holding in the company stood at 48.16%, while Institutions and Non-Institutions held 27.07% and 24.77% respectively.
RateGain Travel Technologies has completed acquisition of Sojern, the leading AI-powered marketing platform built for hospitality. The transaction brings together two complementary forces in travel technology, RateGain’s expertise in Martech, revenue optimization and distribution with Sojern’s demand generation and traveler engagement capabilities, to create one of the most comprehensive AI-powered growth platforms, serving 13,000 customers in the Americas, Europe, Middle East and Africa, and Asia Pacific.
The combination positions RateGain among the top global travel technology providers by revenue and customer reach. Together, the companies will enable travel and hospitality brands to connect marketing, distribution, and revenue decisions through a an AI-driven platform enhancing multichannel demand generation for accurate targeting, pricing intelligence, and traveler engagement at scale. As RateGain and Sojern integrate their capabilities, the focus remains clear: driving innovation, strengthening customer outcomes, and building a future-ready platform for the travel ecosystem.
RateGain is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.
