RateGain Ropes In Rohan Mittal As CFO, Elevates Deepak Kapoor To CTO

SUMMARY

Last month, Rohan Mittal stepped down from his position as the CFO at Yatra

RateGain onboarded Mittal to utilise his expertise in mergers and acquisitions and fundraising

The company also elevated its executive vice president of technology Deepak Kapoor to the position of CTO

A month after quitting Yatra, Rohan Mittal has now joined travel-focussed SaaS company Rategain as the chief financial officer.

In an exchange filing, RateGain said that Mittal will succeed Tanmaya Das.

Besides, the company has also elevated its executive vice president of technology, Deepak Kapoor, to the position of chief technology officer (CTO).

Last month, Mittal resigned from his position as the CFO at Yatra to pursue new opportunities. He joined Yatra in 2022. Prior to that he worked as the CFO of Mahindra-owned logistics services provider Rivigo and supply chain management company AllcargoGATI. Mittal had also worked with PwC India and ICICI Bank.

RateGain founder and managing director Bhanu Chopra said, “Rohan’s ability to drive growth across businesses and a deeper understanding of turning strategy into action will be key for driving growth at RateGain as we get ready to deepen our commitment for an AI-led future. I welcome him to the team and wish him the best of luck.”

In his new role, Mittal will help in driving RateGain’s mergers and acquisitions and fundraising plans as the company looks to expand its global presence and leverage AI for its customers.

Kapoor’s promotion also comes at a time when RateGain is aiming to become an AI-first company. As per the company, his leadership played an important role in “the development of AI-based SaaS products and cloud-native data and application platforms for RateGain.”

Kapoor joined RateGain in 2019.

Founded by Chopra in 2004, RateGain provides AI-based SaaS solutions to travel and hospitality businesses by assisting them in accelerating their revenue. through acquisition, retention, and wallet share expansion. The startup claims to cater to more than 3,200 customers and has a presence in over 100 countries.

On the financial front, RateGain’s consolidated net profit surged 40% to INR 56.54 Cr in the third quarter of FY25 from INR 40.42 Cr in the year-ago quarter. Besides, its revenue from operations jumped nearly 11% to INR 278.70 Cr in the quarter under review from INR 252 Cr in the same quarter last year.