RateGain Expands Europe AI Voice Reach Via Aztech Digital Partnership

TECH
Whalesbook Logo
AuthorVihaan Mehta|Published at:
RateGain Expands Europe AI Voice Reach Via Aztech Digital Partnership
Overview

RateGain Travel Technologies has partnered with Aztech Digital to expand its AI voice solution, UNO VIVA, across Europe, beginning with Greece and Cyprus. The collaboration aims to enhance hotel guest support and operational efficiency. This strategic move comes as the company navigates recent financial results, including a slight dip in net profit and revenue growth.

RateGain Seals Europe Deal for AI Voice Solution

RateGain Travel Technologies Limited announced on Thursday, January 8, an exclusive reseller agreement with Aztech Digital to deploy its AI voice solution, UNO VIVA, across Europe. The initial focus will be on Greece and Cyprus, leveraging Aztech Digital's established relationships within the travel technology sector.

Enhancing Hospitality Operations

Aztech Digital will distribute UNO VIVA, an AI-powered agent designed to handle 24/7 voice reservations in over 30 languages. The solution integrates with core hotel systems like CRS and PMS. RateGain projects that UNO VIVA can slash operational costs by up to 60% and boost revenue by as much as 40% through automated upselling and personalized guest offers.

Strategic European Expansion

This partnership is intended to bolster RateGain's presence in the European market, reinforcing its commitment to innovation in direct-booking performance for the hospitality industry. Costis Fronimos, CEO of Aztech Digital, highlighted UNO VIVA's AI intelligence, scalability, and performance-linked commercial model as key drivers for the collaboration.

Financial Performance Context

The announcement unfolds against a backdrop of RateGain's recent financial disclosures. In the second quarter of FY26, the company reported a consolidated net profit of ₹51 crore, a marginal 2.3% decrease from ₹52.2 crore in the prior year. Revenue saw a modest rise of 6.4% to ₹295 crore, while Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) declined 11% to ₹53.6 crore, with the EBITDA margin contracting to 18.2% from 22%.

Market Reaction

Investors reacted cautiously to the news and financial results. Shares of RateGain Travel were trading down 1.28% at ₹677.20 as of 11:34 am. Despite this intraday dip, the stock has demonstrated significant growth, appreciating 44.45% over the past six months.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.