TA buys stake in India SaaS provider RateGain
TA Associates has taken a minority stake in RateGain, an India-based software-as-a-service (SaaS) provider that works with clients in the hospitality and travel sector.
The size of the investment was not disclosed but local media reports put it at INR2-3 billion ($32-48 million) for an overall valuation of more than INR1 billion ($162 million). TA is the company's first...
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