RateGain Travel Technologies Ltd’s shares jumped nearly 6% on Tuesday after the hospitality software company announced that Air Seychelles has chosen to partner with RateGain for its AirGain platform. 

RateGain’s shares hit an intraday high of Rs 899.80, 5.9% higher than its previous closing price on the National Stock Exchange (NSE). At 02:40 pm, the stock was trading 3.9% higher at Rs 882.45. 

In an exchange filing dated February 6, RateGain said that this partnership, coming at a time of rapid growth and increased competition in the aviation industry, will provide Air Seychelles access to real-time competitive pricing insights for its domestic and global routes.

Air Seychelles will leverage AirGain’s advanced technology to monitor vital routes, adapt to market dynamics and offer competitive prices, elevating its market agility and appeal to travellers.

RateGain-developed AirGain is a user-friendly and dynamic SaaS platform that offers revenue management solutions to airlines and online travel agencies, including real-time price intelligence and rate parity solutions, among others.