Rategain Travel Technologies Limited
Sundaram Mutual Fund increased its stake in Rategain Travel Technologies Limited from 4.67% to 5.47% by purchasing 941,900 shares for ₹67.29 Cr at ₹714.45 apiece in an open market transaction, crossing the 5% disclosure threshold.
A leading distribution technology company serving the travel and hospitality industry globally. The firm provides Software as a Service solutions across multiple verticals including hotels, airlines, online travel agents, meta-search platforms, package providers, car rentals, cruises, and ferries. It operates as India's largest SaaS provider in the travel and hospitality sector, delivering technology infrastructure that enables distribution and connectivity across the travel ecosystem.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.