RateGain

RateGain
Private limited company
Industry Internet
Computer software
Software as a service
Cloud computing
Founder Bhanu Chopra
[1]
Headquarters B-15, Sector 57, Noida, Uttar Pradesh - 201301[2], India
Area served
 Worldwide
Key people
 Bhanu Chopra
(Founder and CEO)
Products RateGain Product & Services
Revenue US$12 million[1](2009)
Number of employees
 Over 500[2]
Website www.rategain.com

RateGain Travel Technologies Pvt. Ltd., simply known as RateGain, is software solution provider headquartered in Noida, India with offices in UK, US, Turkey, Spain, UAE, Thailand, South Africa and Japan.[3] It was started by entrepreneur Bhanu Chopra.[1] It specializes in providing Software as a service (SaaS) solutions to the hospitality and travel industry. Its current focus areas are solutions for hoteliers, travel websites, airlines and corporate travel segments.[4]

History

RateGain was founded in 2004.[1] by founder and current CEO, Bhanu Chopra. Chopra identified the business need of providing price comparison products for travel websites to benchmark their product offering versus their competitors.[1] Started with just a hundred thousand dollars,[5] it recorded a growth of 2,641%[6] in first 3 years of its operations and was valued at over $40 million[5] in 2009. TA Associates, a leading global growth private equity firm, has recently announced investment in RateGain. The young RateGain brigade joined hands for a FlashMob Dance to promote the use of SwachchBin on Raahgiri Day, New Delhi. To transform RateGain into a learning organization and encourage a culture of continual learning among employees, the company has recently launched a training and development initiative called 'RateGain Lighthouse' that symbolizes strength, guidance, and direction. Various in-house training sessions on knowledge-building and skills & process are regularly conducted.

Products & services

RateGain is primarily a product based company specializing in software as a service as the delivery model for its products.[1] Its various products are primarily geared towards serving the hospitality and travel industry participants in a B2B model.[1] Products of Rategain can be broadly classified into two target segments[7] - 'for hotel industry' and 'for travel industry'.

Hotel industry

RateGain offers the following products for the hotel industry:[3]

RezGain

RezGain is RateGain's product providing Online Channel Management for distribution of availability and rates of hotel rooms to online distribution channels like OTAs and other websites.[8]

Optima

PriceGain (Hotels) is a tool which provides advance rate intelligence for its customer hoteliers for maintaining competitiveness and optimizing revenues.[9] It allows its customers to monitor competitor pricing and trendsetters in the market space they operate in.[10][11]

BrandGain

BrandGain is RateGain's product for Guest Satisfaction & Online Reputation Management.[12][13]

Travel industry

RateGain also offers products for the travel sector:

PG OTA 2.0

PG OTA 2.0 offers competitive price intelligence for OTAs, tour operations, airlines, cruise lines and car rental companies.[14]

PriceGain(Air)

This product is specifically geared towards monitoring competitor pricing strategies for the airlines.[15]

PriceGain(Audit)

PriceGain (Audit) helps travel managers and corporate travelers optimize their corporate travel expenditure.[16]

Awards & recognition

See also

References

  1. 1 2 3 4 5 6 7 Kumar, Vikas (21 August 2009). "Bhanu Chopra helps B2B clients gain from comparison shopping". The Economic Times. Retrieved 8 August 2011.
  2. 1 2 "Companies > RateGain". Retrieved 7 August 2011.
  3. 1 2 "RateGain - Who we Are". Retrieved 7 August 2011.
  4. ↑ "RateGain Official Website". Retrieved 7 August 2011.
  5. 1 2 3 "Bhanu Chopra, CEO, RateGain, CNBC Enterprise of the Year". CNBC TV 18. Retrieved 8 August 2011.
  6. 1 2 "Deloitte Technology Fast50 India 2007 Stellar performers" (PDF). Retrieved 8 August 2011.
  7. ↑ "RateGain Product List". Retrieved 8 August 2011.
  8. ↑ "RezGain". Retrieved 8 August 2011.
  9. ↑ Shukla, Aliesha (16 July 2011). "Preferred Hotel Group™ Selects RateGain to power Rate Intelligence Solution for its Member Hotels". Retrieved 8 August 2011.
  10. ↑ "PriceGain | RateShopping for Hotels". Retrieved 8 August 2011.
  11. ↑ "RateGain assures hotel industry that its leading rate intelligence solution is here to stay". India PRwire. 27 July 2011. Retrieved 8 August 2011.
  12. ↑ Butler, Philip. "RateGain Unveils Travel Branding Tool at HITEC 2011". Travel News from Agrophilia. Retrieved 8 August 2011.
  13. ↑ "BrandGain". Retrieved 8 August 2011.
  14. ↑ "Net Reports". Retrieved 9 August 2011.
  15. ↑ "Price Gain (Air)". Retrieved 9 August 2011.
  16. ↑ "PriceGain Audit".
  17. ↑ "Emerging India Highlights (2008-2009)". Retrieved 9 August 2011.
  18. ↑ "Bhanu Chopra, CEO, RateGain, CNBC Enterprise of the Year". 26 May 2010. Retrieved 9 August 2011.
  19. ↑ "RateGain's Expansion Plans". Retrieved 9 August 2011.
  20. ↑ "RateGain bags the Red Herring 100 Asia 2009 award". 24 Nov 2009. Retrieved 9 August 2011.
  21. ↑ "Deloitte Technology Fast50 India 2008" (PDF). Retrieved 8 August 2011.
  22. ↑ "RateGain Ranked 2nd in Deloitte's Technology Fast 50 India Program List". eTravel Blackboard Asia. 11 December 2009. Retrieved 8 August 2011.
  23. ↑ "Deloitte Technology Fast50 India 2009" (PDF). Retrieved 8 August 2011.
  24. ↑ "Deloitte Technology Fast 50 India" (PDF). Retrieved 8 August 2011.

External links

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