Management Appointment Details

RateGain Travel Technologies Limited announced the appointment of Chetan Garg as Chief Financial Officer, based in Noida. The appointment was made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Role and Responsibilities

Chetan Garg will lead RateGain's global finance function, with specific focus on:

  • Capital allocation decisions
  • Financial governance and risk management
  • Integration of acquired businesses
  • Building finance function suited to company scale
  • Turning growth into consistent returns

Management Commentary

Bhanu Chopra, Founder and Managing Director, stated: "Strong finance leadership is central to how we run RateGain as a global, listed company. Chetan has led finance across complex operations at Optum and Whirlpool, worked on integrating acquired businesses, and built the kind of governance the Board and our investors rely on. He brings discipline and sound judgment to the role."

Chetan Garg, Chief Financial Officer, stated: "RateGain is an Indian technology company that has built a global business, with data at its core and AI already delivering results for its customers. My focus is to turn that growth into consistent returns, by putting capital where it earns the most and building a finance function suited to a company of this scale."

Professional Background of New CFO

Chetan Garg brings nearly two decades of financial and business leadership experience across multiple industries:

Most Recent Role: Chief Financial Officer of Optum India (part of UnitedHealth Group)

  • Key role in financial governance, risk and cost management, and capital allocation
  • Instrumental in integrating acquired entities in India

Previous Experience: Finance leadership roles at Whirlpool Corporation in the US and India

  • Roles across commercial business units, corporate treasury, manufacturing, internal audit, controllership and global finance operations
  • Last role: Vice President of Finance for Whirlpool Asia

Early Career: Management consultant with PwC and Deloitte India

  • Advised clients across public sector, manufacturing and consumer products

Education: MBA in Finance from Cornell University and B.Tech from IIT Madras

Company Business Overview

RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for travel and hospitality that works with:

  • 14,000+ customers and 700+ partners in 160+ countries
  • 33 of the Top 40 Hotel Chains
  • 4 of the Top 5 Airlines
  • 7 of the Top 10 Car Rentals
  • All leading OTAs and metasearch websites
  • 25 Global Fortune 500 companies

The company helps clients accelerate revenue generation through acquisition, retention, and wallet share expansion, and is one of the world's largest processors of electronic transactions, price points, and travel intent data.

Compliance Officer

Mukesh Kumar, General Counsel, Company Secretary & Compliance Officer (Membership No.: A17925) signed and submitted the disclosure to NSE and BSE.