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RateGain Travel Tech IPO - Leading Global SaaS Player In Hospitality, Travel Sector: Prabhudas Lilladher

RateGain Travel Tech IPO - Leading Global SaaS Player In Hospitality, Travel Sector: Prabhudas Lilladher

<div class="paragraphs"><p>OTAs and Metas data of Hotels developed by Rategain Travel Technologies Ltd. (Source: Company website)</p></div>
OTAs and Metas data of Hotels developed by Rategain Travel Technologies Ltd. (Source: Company website)

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Prabhudas Lilladher's IPO Report

RateGain Travel Technologies Ltd. is among leading distribution technology companies globally in travel and hospitality industry. In highly fragmented market, the company is well positioned to capture wallet share given-

  1. its comprehensive, inter-operable, innovative industry specific solutions and

  2. marquee client base.

Rising adoption of technology in travel and hospitality industry and increasing demand for third-party technology vendors due to Covid-19 is likely to double serviceable market to $8.45 billion in CY25E for RateGain Travel Technologies.

Revenue decreased by 37% in FY21, impacted by Covid-19. Signs of recovery in travel and hospitality industry are visible as number of active customers for RateGain grew by robust 9% in H1 FY22 versus FY21.

Click on the attachment to read the full IPO report:

Prabhudas Lilladher Rategain Travel Technologies Ltd, IPO Note.pdf

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