Rategain Travel Technologies Limited — Others, 14-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

RateGain Travel Technologies Limited has stated that there is no deviation in the utilization of funds raised through its IPO for the quarter ended December 31, 2024. The total funds raised amounted to ₹3,567.18 million, with allocations across various strategic initiatives such as repayments, technology investment, and acquisitions. The Audit Committee reviewed this statement, affirming appropriate fund usage. This clarity on fund utilization may enhance investor confidence in the company's strategic direction, signaling strong governance and a disciplined approach to financial management, which could foster a positive outlook among retail investors.