PE-backed RateGain to earmark Rs 80 cr for M&A activities

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Publicly listed travel and hospitality technology services provider RateGain Travel Technologies Ltd has earmarked Rs 80 crore for inorganic growth via strategic investments and merger and acquisition routes, a top executive told VCCircle.  “We have a very robust M&A program, but we consummate an acquisition only if the valuation is reasonable. ......