India's Rategain Travel jumps on tieup with Sonder Holdings

Sonder Holdings

21/09/2022 05:59

** Shares of Indian travel and hospitality technology
provider Rategain Travel Technologies  RATE.NS  rise as much as
7.8% to 297.70 rupees ($3.73) in biggest pct gain since Aug. 17
    ** RATE on Wednesday says selected by hospitality firm
Sonder Holdings Inc  SOND.O  for its connectivity switch
platform  urn:newsml:reuters.com:*:nFWN30R2BS
    ** Tieup to make it easier for agents to search for
availability of SOND's properties on travel reservation systems
    ** Shares at highest since Sept. 6
    ** More than 663,000 shares change hands by 0427 GMT vs
30-day avg of 341,576 shares
    ** Stock down 25.9% so far this year up to last close

($1 = 79.8150 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))