This small-cap stock partners with Cem Air to gain competitive advantage in the South African Market!

This small-cap stock partners with Cem Air to gain competitive advantage in the South African Market!

Bhavya Rathod
/ Categories: Trending, Mindshare

The stock has experienced significant buying activity, surging by more than 30 per cent in the past six months

On Monday, shares of RateGain Travel Technologies surged by more than 3 per cent, reaching an intraday high of Rs 408.60 apiece on the BSE. The stock experienced a substantial increase in volume.

RateGain Travel Technologies announced its partnership with Cem Air, a prominent regional airline in South Africa. Cem Air has selected RateGain's airline pricing solution, AirGain, to gain real-time pricing insights from over 200+ sources, enabling them to make accurate decisions. AirGain offers real-time price intelligence and rate parity solutions to airlines and online travel agencies, allowing them to monitor pricing across various channels and track ancillary offerings provided by airlines, particularly with the introduction of NDC.

Cem Air's pricing team aims to leverage AirGain's capabilities to obtain crucial pricing insights and competitive intelligence data, thereby supporting their growth in a dynamic market. AirGain's user-friendly interface facilitates swift decision-making and keeps users updated on market changes. Additionally, the platform provides real-time competitor insights across channels, minimizing discrepancies and reducing revenue losses.

Cem Air will also be able to monitor dynamic price fluctuations and respond promptly to market changes. AirGain's Market Sense feature empowers revenue teams to configure preset alerts based on relevant parameters, ensuring that Cem Air remains well-informed about significant market shifts and maintains a competitive edge.

By setting up multiple alerts for different markets and competitors, Cem Air's revenue team can receive timely reports directly in their inbox, eliminating the need for manual tracking of price variances. This enhanced efficiency translates into more informed decision-making, giving Cem Air an advantage in the increasingly competitive South African market.

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RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality, serving over 2,800 customers and partnering with more than 700 partners in over 100 countries. Their solutions help accelerate revenue generation through customer acquisition, retention, and wallet share expansion.

The stock has experienced significant buying activity, surging by more than 30 per cent in the past six months. Keep a close eye on this trending stock.

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