RateGain Travel Technologies Ltd.

Avataar Holdings has offloaded 5 per cent stake in RateGain Travel Technologies for Rs 206 crore through an open market transaction. The shares were disposed of at an average price of Rs 375.02 apiece. Post the latest transaction, the shareholding of Avataar has been reduced to 2.07 per cent from 7.07 per cent (as of March 2023) equity in RateGain. 

RateGain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.