New Delhi, September 24th , 2019 : RateGain announced today that it had been recognized as ‘Start-Up of the year’ at the 15th Indo-US Economic Summit organized by the Indo-American Chamber of Commerce (IACC) at a gala event on 13th September 2019 which was attended by over 250 delegates from both the countries including senior representatives from the Industry, Governments and PSUs.
Focussed on ‘Americas and India Roadmap for Collaboration’ the award was given as part of the 5th Business Leadership Awards recognizing the vital role played by Indian organizations operating in the United States and supporting the United States government in creating a positive business environment. RateGain received the award from Mr. Hardeep Singh Puri, the Current Union Minister for Civil Aviation and, Housing and Urban Affairs.
Commenting on the recognition, Dr. Lalit Bhasin, Chairman of the Indo-US Economic Summit said, “Travel and Hospitality are an important sector for both the United States and the Indian Government, contributing significantly to new jobs and economic growth. RateGain, one of the fastest growing SaaS companies, is helping industry leaders in both countries to identify new market opportunities and generate new revenue with innovative technology solutions.”
RateGain works with travel and hospitality companies delivering insights across the traveller’s journey with the only end to end guest experience cloud platform that powers cognitive revenue management, frictionless smart distribution and targeted social media marketing impacting 13 Bn $ revenue annually. RateGain has rapidly grown and increased its presence in the United States with its acquistion of Dallas based DHISCO, the leader in distribution technology and Chicago based BCV, the award winning dedicated social media provider for hospitality.
“We are honoured and humbled by the recoginiton conferred by the Indo-American Chamber of Commerce. This award is a validation of the hard work and effort that all 700+ employees at RateGain are putting every day to add value to all of our 12000+ customers and help them connect to new markets and deliver delightful experiences to over 1.3 billion travellers.” said Bhanu Chopra, Founder and Group CEO, RateGain.
The event was organized and supported by The Indo-American Chamber of Commerce (IACC), North India Council (NIC) and America Desk, PHD Chamber of Commerce & Industry (PHDCCI) in association with Services Export Promotion Council (SEPC) and Observer Research Foundation (ORF), and by the US Foreign Commercial Service (US FCS), US Embassy.
RateGain is the #1 provider of SaaS products, which help travel, and hospitality companies make more revenue every day. RateGain offers products, which help with rate intelligence, cognitive revenue management, smart e-distribution, and brand engagement. RateGain is proud to support 125,000+ hotel properties globally influencing 13 Bn $ revenue by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, tour operators and wholesalers, 23 of the top 30 hotel chains, 7 out of the top 10 car rental companies, top 5 cruise lines, and many leading airlines worldwide. In 2018, RateGain acquired DHISCO, which made it the only company in the world to offer end-to-end smart distribution. In June 2019, RateGain acquired award-winning BCV to offer guest experience cloud to maximize guest lifetime value for hospitality chains. For more information, visit www.rategain.com
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AVP Marketing -RateGain