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RateGain elevates Shobhit Agrawal as the Head of Engineering for Distribution

Posted On : 2023-05-05 22:43:03( TIMEZONE : IST )

RateGain elevates Shobhit Agrawal as the Head of Engineering for Distribution

RateGain Travel Technologies Limited, a global provider of SaaS solutions for travel and hospitality, today announced the elevation of Shobhit Agarwal as its Head of Engineering for its Distribution business.

As Head of Engineering, Shobhit will be responsible for leading RateGain's technology roadmap and vision for its distribution business. RateGain's distribution business powers the Top 23 of 30 hotel chains in the world and relies on RateGain's software to process billions of transactions.

Shobhit is a seasoned technology leader with a strong background in building mission-critical platforms across Financial Services, Media and Entertainment, and leading consumer brands. With experience in leading high-performance global teams, Shobhit has made a vital contribution to strengthening and modernizing RateGain with the use of latest technologies.

Bhanu Chopra, Founder and Managing Director of RateGain, said "Our distribution business, requires a leader who can build fail-safe and reliable systems and Shobhit brings that experience to RateGain. In his leadership, the trust in our products have improved, and we have been to solve for bigger opportunities in the hospitality industry. I am certain that with his leadership we will touch new heights in our business."

Shobhit expressed his enthusiasm about taking on the new role. "I am honored and humbled by the opportunity provided to me and look forward to working closely with the team to drive innovation and cutting-edge solutions that meet our customers' needs. I have enjoyed the immense learnings I have had over the last two years and hope to solve for much bigger challenges in the coming future."

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 361.35 as compared to the previous close of Rs. 367.05. The total number of shares traded during the day was 7215 in over 472 trades.

The stock hit an intraday high of Rs. 368.05 and intraday low of 352.40. The net turnover during the day was Rs. 2618211.00.

Source : Equity Bulls


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