[[{“value”:”
Shares of traveltech-focussed SaaS major RateGain surged 9.5% to INR 480.8 apiece on the BSE today, a day after it reported its Q1 financial results.
The SaaS startup’s profit rose 3.5% to INR 46.9 Cr in Q1 FY26 from INR 45.3 Cr in the same period last year. Its operating revenue jumped 4.9% to INR 272.9 Cr from INR 260 Cr reported in the previous year.
The company’s revenue soared on the back of new contracts secured in Q1 worth INR 81.6 Cr during the quarter, a 37.7% rise YoY with its organic business.
At 10:30 AM today, the shares paired back some gains falling about 2% to INR 469.1 apiece. As per the previous close of the shares of RateGain, it had a market capitalisation of INR INR 5,561.4 Cr (about $635 Mn).
RateGain also introduced new products such as VIVA, an AI-powered voice agent for hotel reservations and a new dashboard for connectivity insights helping hotels and partners to catch on booking trends and channel performance.
(The story will be updated soon.)
The post RateGain Shares Jump 10% Post Q1 Results appeared first on Inc42 Media.
“}]]
Read More Latest Startup News From The Indian Startup Ecosystem – Inc42 Media