Shares of RateGain Travel Technologies Limited were trading in the green and 5% higher on 21 March after the company announced that its AirGain was selected by the US-based Brightline Trains for advanced rail and airline pricing intelligence in the US rail market.

AirGain is a RateGain product, which is known for its AI-powered revenue management solutions for trains, airlines, cruises, and online travel agencies, offering real-time price intelligence and rate parity solutions.

The AirGain will enable Brightline Trains to access accurate and real-time competitive pricing insights, creating a stronger position in the US rail sector.

Earlier on 19 March, the company announced that one of the leading franchises in Canada, Budget Car & Truck Rental of Calgary has utilised RateGain’s Rev-Ai’s advanced AI technology for boosting its revenue by $1 million.

In February 2024, the company announced the launch of its new platform, Navigator, which will aid commercial teams in keeping an eye on the competition, tracking demands, and addressing parity issues in one place, which will make it easier to maximise RevPAR and reduce manual efforts.

At 11:36 am, the shares of RateGain were trading 3.39% higher at Rs 756.45 on NSE.