RateGain Travel Technologies Limited, a global provider of SaaS solutions for the hospitality and travel industry, today announced that its Founder and Managing Director, Bhanu Chopra, has been recognized as 'Founder of the Year' at the recently concluded Startup Awards powered by Entrepreneur India.
In its fourth year now, Startup Awards have been recognizing the best talent in the startup world since 2018 and has seen leading startups compete for recognition every year, where winners are decided by an eminent and diverse jury.
Today India is the world's third-largest startup ecosystem, with more than 84,012 recognized startups as of 30 November 2022. In this 75th year of independence, the number of recognized startups has increased from 452 in 2016 to 75,000. In the last year, more startups are focusing on profitability and longevity.
RateGain's Founder Bhanu Chopra has operated RateGain profitably since its inception and owing to its strong fundamentals is witnessing healthy growth in a volatile environment, creating an example for the startup ecosystem to follow for scaling their business and building a competitive advantage.
Speaking on the occasion, Bhanu Chopra - Founder and Managing Director, RateGain - said, "I am truly humbled by this recognition. The last few years have been a great learning curve for all of us, with every founder, old and new, facing some sort of challenge in doing business. Our journey at RateGain over the last three years has also been transformative, and it would not have been possible for us to achieve new heights without the amazing team that works with me at RateGain."
Entrepreneur India is committed to creating an extraordinary community of diverse people who are architecting a better tomorrow. It is part of Entrepreneur media which is visited by over 20 million readers every month and for the last five decades has been a leading publication that startups and founders rely on for insights.
Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 339.60 as compared to the previous close of Rs. 341.55. The total number of shares traded during the day was 25326 in over 1178 trades.
The stock hit an intraday high of Rs. 344.05 and intraday low of 336.05. The net turnover during the day was Rs. 8630646.00.