Noida, March 14th, 2023: RateGain Travel Technologies Limited, a global provider of SaaS solutions for the hospitality and travel industry, today announced that its Founder and Managing Director, Bhanu Chopra, has been recognized as ‘Founder of the Year’ at the recently concluded Startup Awards powered by Entrepreneur India.
In its fourth year now, Startup Awards have been recognizing the best talent in the startup world since 2018 and has seen leading startups compete for recognition every year, where winners are decided by an eminent and diverse jury.
Today India is the world’s third-largest startup ecosystem, with more than 84,012 recognized startups as of 30 November 2022. In this 75th year of independence, the number of recognized startups has increased from 452 in 2016 to 75,000. In the last year, more startups are focusing on profitability and longevity.
RateGain’s founder Bhanu Chopra has operated RateGain profitably since its inception, and, owing to its strong fundamentals, is witnessing healthy growth in a volatile environment; creating an example for the startup ecosystem to follow for scaling their business and building a competitive advantage.
Speaking on the occasion, Bhanu Chopra – Founder and Managing Director, RateGain – said, “I am truly humbled by this recognition. The last few years have been a great learning curve for all of us, with every founder, old and new, facing some sort of challenge in doing business. Our journey at RateGain over the last three years has also been transformative, and it would not have been possible for us to achieve new heights without the amazing team that works with me at RateGain.”
Entrepreneur India is committed to creating an extraordinary community of diverse people who are architecting a better tomorrow. It is part of Entrepreneur media which is visited by over 20 million readers every month and for the last five decades has been a leading publication that startups and founders rely on for insights
RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality that works with 2800+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.
RateGain today is one of the world’s largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with Top 23 of 30 Hotel Chains, Top 25 of 30 Online Travel Agents, and all the top car rentals including 8 Global Fortune 500 companies in unlocking new revenue every day. For more information, please visit https://www.rategain.com.
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential, and target dates for project-related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.