Khaitan assists RateGain on $250 million acquisition of Sorjun Inc.

The Firm also assisted RateGain on raising acquisition financing of $125 million.

Bar & Bench

Published:28th Nov, 2025 at 2:10 PM

RateGain Travel Technologies has acquired Sorjun Inc., a US-based technology company, in an all-cash deal for $250 million.

Khaitan & Co advised RateGain on this acquisition as well as on raising acquisition financing of $125 million from HSBC and Citibank.

The deal team comprised of Sarthak Sarin (Partner), Dr. Siddharth Srivastava (Partner) and Shrey Agarwal (Counsel).

RateGain

RateGain is a global provider of AI-powered SaaS solutions for the hospitality and travel industry.