The IPO notes released so far by brokerage firms have termed RateGain Travel Technologies Limited as the largest Software as a Service (‘SaaS’) company in hospitality and tourism industry. The company provides platform from rates insights to end to end pricing for the products of the clients like Hotels, OTA (Online travel agents) through their technology.
Prabhudas Lilladher has summarized its view on the IPO issue through its SUBSCRIBE IPO note titled “Leading Global SaaS player in hospitality and travel sector”. Justifying the premium valuation and recommending investors to subscribe for long term gains, it has stated in its IPO note that company has superior product portfolio integrated across all value chain partners enabling it to access data at granular level which cannot be easily replicated.
RateGain is one of the largest aggregators of travel related data in the world. The company intends to leverage its data assets across the travel & hospitality industry to introduce…