RateGain, a leading travel technology company, has been declared a winner in the second place in Deloitte's Technology Fast 50 India Program list, a ranking of the fastest growing technology companies by Deloitte Touche Tohmatsu, one of the nation’s leading professional services organizations. Rankings are based on the percentage fiscal year revenue growth over three years from 2006–2008. It may be recalled that this award is in continuation of the first rank achieved by the company in the same program for 2007 i.e. last year.
RateGain's CEO Bhanu Chopra said “We are excited to receive this recognition second time in a row and it vindicates our stand that the niche area of online travel & hospitality that we serve has tremendous growth potential”.
“We look forward to making continued contributions to the industry through the introduction of new products like http://www.hotelly.com/Search/HomePage.aspx?aid=6, a one stop shop for the consumer to find the best deals, read user reviews and most importantly validate the hotel experience using user-generated videos.”
Companies from the Technology Fast 50 India program automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific 2008 program, which annually recognizes the 500 fastest growing technology companies in Asia Pacific. Last year RateGain was ranked 16th in this program – it was the first Indian company ever to make it to the Top 20 in this ranking.
About RateGain
RateGain is a Travel Technology Company offering innovative and value-driven e-business solutions to the hospitality and travel industry. The customer portfolio includes top Online Travel Agents, Airline, Accommodation Wholesalers and Hotels. Its solutions are in the areas of Revenue Management, Distribution, Sales and Marketing. RateGain is one of the fastest growing companies in the travel technology industry and since inception; it has introduced products with innovative features that offer unparalleled benefits to its consumers. Since it began operations in April 2004, RateGain has been continuously innovating and launching new products like its latest offering http://www.hotelly.com/Search/HomePage.aspx?aid=6, a one stop shop for the consumer to find the best deals, read user reviews and most importantly validate the hotel experience using user-generated videos. For more information, please visit the company's Web site at http://www.rategain.com/
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas—audit, tax, consulting, and financial advisory services—and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
Tuesday, December 16, 2008
RateGain winner in Deloitte's Technology Fast 50 India 2008 List
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