About RateGain
RateGain is a company based in London (United Kingdom) founded in 2004 by Bhanu Chopra.. RateGain has raised $64.87 million across 3 funding rounds from investors including Avataar Ventures and TA Associates. The company has 690 employees as of March 31, 2024. RateGain has completed 3 acquisitions, including Adara, Myhotelshop and Sojern. RateGain operates in a competitive market with competitors including Amadeus, CloudBeds, R1 RCM, Travelport and Guesty, among others.
- Headquarter London, United Kingdom
- Employees 690 as on 31 Mar, 2024
- Founders Bhanu Chopra
- Stage Public
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Sectors
TechnologyTravel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Rategain Travel Technologies Ltd.
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Annual Revenue
$125.82 M (USD)12.5as on Mar 31, 2024
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Net Profit
$24.42 M (USD)43.7as on Mar 31, 2024
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EBITDA
$27.34 M (USD)22.09as on Mar 31, 2024
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Total Equity Funding
$64.87 M (USD)
in 3 rounds
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Latest Funding Round
$72 M (USD), Post-IPO
Nov 21, 2023
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Investors
Avataar Ventures
& 1 more
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Employee Count
690
as on Mar 31, 2024
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Investments & Acquisitions
Adara
& 2 more
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IPO & Listings of RateGain
RateGain is a publicly listed company on the NSE with ticker symbol RATEGAIN in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
34 people
Leadership Team
24 people
Product Management Team
9 people
Human Resources and Administration
6 people
Sales and Marketing
4 people
SDE Team
3 people
Devops Team
3 people
Data Analysis and Operations Team
2 people
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Funding Insights of RateGain
RateGain has successfully raised a total of $64.87M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $72 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $72.0M
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First Round
First Round
(18 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Post-IPO - RateGain | Valuation |
investors |
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| Aug, 2020 | Amount | Series A - RateGain | Valuation | Avataar Ventures |
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| Dec, 2014 | Amount | Series A - RateGain | Valuation | TA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RateGain
RateGain has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Avataar Ventures and TA Associates. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in growth-stage B2B and SaaS companies is facilitated through strategic support and funding.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RateGain
RateGain has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Adara, Myhotelshop and Sojern. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of web-based direct booking engine for hotels
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2012 | ||||
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Digital marketing solutions are provided for the travel industry.
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2007 | ||||
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Customer intelligence solutions are delivered to travel brands and organizations.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RateGain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rategain Comparisons
Competitors of RateGain
RateGain operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amadeus, CloudBeds, R1 RCM, Travelport and Guesty, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Browser-based software solutions for hotels and other accomodations
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| domain | founded_year | HQ Location |
End-to-end revenue cycle management is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for vacation rental management and synchronization.
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| domain | founded_year | HQ Location |
Business management solutions are offered to travel service providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rategain
Frequently Asked Questions about RateGain
When was RateGain founded?
RateGain was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is RateGain located?
RateGain is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of RateGain?
Bhanu Chopra is the current CEO of RateGain. They have also founded this company.
Is RateGain a funded company?
RateGain is a funded company, having raised a total of $64.87M across 3 funding rounds to date. The company's 1st funding round was a Series A of $50M, raised on Dec 18, 2014.
How many employees does RateGain have?
As of Mar 31, 2024, the latest employee count at RateGain is 690.
What is the annual revenue of RateGain?
Annual revenue of RateGain is $125.82M as on Mar 31, 2024.
What does RateGain do?
RateGain was founded in 2004 and is headquartered in London, United Kingdom. SaaS platforms for revenue and operations management in the hospitality and travel industries are developed and supplied. Hotel bookings are processed, pricing intelligence is compiled, and customer travel intent is monitored. Revenue growth is supported through strategies focused on acquisition, retention, and expansion of market share within the sector.
Who are the top competitors of RateGain?
Is RateGain publicly traded?
Yes, RateGain is publicly traded on NSE under the ticker symbol RATEGAIN.
How many acquisitions has RateGain made?
RateGain has made 3 acquisitions, including Adara, Myhotelshop, and Sojern.
Who are RateGain's investors?
RateGain has 2 investors. Key investors include Avataar Ventures, and TA Associates.
What is RateGain's ticker symbol?
The ticker symbol of RateGain is RATEGAIN on NSE.
What is RateGain's valuation?
The valuation of RateGain is $194.48M as of Aug 2020.
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