Khaitan & Co acted as the Indian legal counsel to RateGain Travel Technologies, a global provider of AI-powered SaaS solutions for the hospitality and travel industry, on (a) its acquisition of Sorjun Inc., a US-based technology company, in an all-cash deal for US$250 million; and (b) raising acquisition financing of US$125 million from HSBC and Citibank.
Template Type
Deal Details
Banner Image
Image
Unique URL
/firm-matter/rategain-travel-technologies-acquisition-of-sorjun-inc-and-acquisition-financing
Back Link
/news-and-events
Date
Practice Area
Core Team
The deal team comprised of Sarthak Sarin, Partner, Corporate and Commercial, Dr. Siddharth Srivastava, Partner, Banking and Finance, and Shrey Agarwal, Counsel, Banking and Finance.