Multibagger stock: Rategain Travel shares gain for third straight day, up 140% in a year

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Rategain Travel Technologies jumped by another 3% in today's intraday trade, reaching ₹788 apiece. Today's rise in the shares follows the company's announcement of a strategic collaboration between its AI-powered airline pricing solution, AirGain, and Summerwind GSA, a distinguished General Sales Agent (GSA) known for its innovative approach to airline representation.

This partnership aims to revolutionise the airline industry by combining AirGain's advanced pricing intelligence with Summerwind's extensive industry expertise and global reach, as per the company's regulatory filing. Also Read: Correction in midcap, smallcap stocks an entry opportunity; TVS, Zomato best picks among ‘fallen angels’: Emkay Global On March 21, Brightline Trains selected AirGain for advanced rail and airline pricing intelligence in the U.S.

rail market. Prior to that, on March 19th, Budget Car & Truck Rental of Calgary, a leading franchise in Canada, utilised RateGain's Rev-AI's advanced AI technologies to increase their revenue by $1 million.

In February, RateGain launched Navigator, a unified rate insights platform designed to assist commercial teams in tracking demand, monitoring competition, and addressing parity issues from a single window, thereby simplifying the process of maximising RevPAR and reducing manual efforts. Moreover, the company partnered with FLYR, an AI-powered travel technology provider, in a collaboration aimed at integrating RateGain’s channel management and distribution solutions with FLYR’s AI-powered Revenue Optimisation System (RMS) to help hotels enhance their revenue strategies.

Also Read: SRM Contractors IPO opens today: GMP, review, subscription status, other details. Apply or not? RateGain Travel Technologies