Home / Business and Economy / RateGain's Sojern Deal Fuels Global Travel Intelligence
RateGain's Sojern Deal Fuels Global Travel Intelligence
4 Aug
Summary
- RateGain acquired Sojern, becoming world's largest travel intent data source.
- AI-powered products like UNO VIVA boost hotel revenue capture significantly.
- Company aims for USD 1 billion revenue by FY30-FY31 with strong growth.
RateGain Travel Technologies has significantly evolved into a global travel intelligence platform, largely driven by the successful integration of Sojern. This strategic acquisition has positioned RateGain as the world's largest single source of travel intent data, consolidating technology and data assets.
The company's platform now spans revenue intelligence, distribution, and guest marketing, serving over 13,410 customers. The MarTech segment, representing 69.1% of FY26 revenue, handles digital marketing and reputation management for travel brands.
RateGain's AI-driven products are showing promising results, with UNO VIVA increasing hotel revenue capture by up to 40% and AI Concierge improving ancillary revenue by 300%. These advancements are key to justifying a premium valuation.
Looking ahead, RateGain has guided for FY27 revenue between Rs 3,000 to Rs 3,100 crore, projecting 65% to 70% growth. The long-term ambition is to achieve USD 1 billion in revenue by FY30 to FY31.
