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No more travelling light: RateGain bulks up in the face of competition

If you’ve booked hotel rooms or bus tickets online through an aggregator, you’ve probably used RateGain’s services. Now, after years of slow, organic growth, the 15-year-old price comparison and distribution firm wants to supercharge its growth through mergers and acquisitions

27/11/19

Vandana ., Shreedhar Manek

RateGain counts every Fortune 500 travel & hospitality company in the world among its clients

However, with competition in the B2B SaaS travel space heating up, it’s looking to M&A-fuelled growth to stay ahead of rivals

In line with this, it recently acquired Dallas-based DHISCO and Chicago-based BCV Social

It has even replaced its CEO with someone more experienced with M&As as it mulls 10-15 deals ranging from $25-75 million each

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In early September, Indian hospitality startup OYO made an almost implausible claim. The Gurugram-headquartered startup said its machine learning-based algorithm analyses 144,000 data points every hour and makes 60 million price changes every day to the prices of its 35,000 hotel rooms globally.

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