Rategain Travel Technologies Limited — Others, 13-05-2025: Monitoring Agency Report

RateGain Travel Technologies Limited has announced a board meeting on the financial results for the quarter and half-year. The company raised Rs 600 Cr through a Qualified Institutional Placement, with net proceeds of Rs 586.29 Cr. As of the latest quarter, the full amount remains invested in fixed deposits earning approximately 7.5% annually. These funds are planned to support strategic investments, acquisitions, and inorganic growth aimed at enhancing the company’s technology and product portfolio. The deployment of funds is proceeding as intended without any delays.