Instrumental in creating a revolution of sorts and in its 5th successful year 'The CNBC TV 18 Emerging India Awards' are acknowledged for saluting the undying spirit of entrepreneurship. Partnered by ICICI Bank & CNBC-TV18, the awards have been most sought after amongst Indian Small and Medium Enterprises (SME).

Noida based RateGain, the world's leading Travel Technology products company, has been successively leading the race for the CNBC TV 18 Annual Emerging India Awards 2009. Competing against 300,000 entries, in the IT Communication and Entertainment (ICE) and ITES category, RateGain has established itself in the league of the top three finalists.

Announced early this month, the CNBC TV 18 Annual Emerging India Awards 2009 had invited entries from players across the SME community in the country. After a robust two-phase methodology, RateGain has not only managed to make a breakthrough in the category but has also gained recognition for its innovative products.

Scheduled for November 3rd 2009, the CNBC TV 18 Annual Emerging India Awards 2009 will witness the gala awards ceremony in Mumbai.

Bhanu Chopra, CEO, RateGain, commenting on the development said, "This is another testimonial to our unique business model and the difference we have made to the hospitality sector with our path-breaking web products." He added, "It is also a tribute to the creative talent and commitment that the RateGain development team has shown over the years. I feel proud to be a member of such a team and strongly believe that we are destined for greater things to come." The Emerging India Awards, now in its fifth year, have already been acclaimed as the most definitive business awards recognizing the undying spirit of Indian entrepreneurship and is testament to the fact that the Indian SME community has come of age.

RateGain has been making a mark across the global hospitality sector with its innovative software tools, helping hotels and online travel sites with price comparison, inventory management and customer need identification among other important things, resulting in increased business efficiencies and volumes for them.