Travel Boutique Online makes strategic move on Forex with Fxkart.com
Travel Boutique Online (TBO), India’s largest B2B travel portal backed by Naspers, has announced a strategic partnership with Fxkart.com, an online aggregator/marketplace of Foreign Exchange Dealers. This partnership will enable the 19,000 travel agents of TBO to make foreign exchange bookings for their customers seamlessly.
Travel agents are the backbone of the travel industry and while online travel portals are increasingly taking market share; there is a large consumer segment that prefers making their travel bookings through a travel agent who offers them personalized itinerary planning.
TBO enables travel agents to serve their customers with the right pricing and inventory to keep up on this promise and opening up newer avenues of revenues and convenience for travel agents. This partnership will enable its travel agents to access and discover the best forex rates instantly from Fxkart.com’s network of 250+ RBI authorized money changers at 1300+ locations in India.
Mr. Ankush Nijhawan, Co-Founder, TBO Group said, “Fxkart.com is one of the most promising startups in the fin-tech sector. With foreign exchange being one of the biggest pain points for the travel agent, this would be a shot in the arm to seamlessly book forex on the portal and servicing the customer at the lowest rates.”
On this occasion, Mr. Abdul Hadi Shaikh, CEO Fxkart.com said, “We are happy to be on the platform as it gives us an instant reach to service travel agents who trust TBO across India with the help of technology.”
Fxkart.com is an online fin-tech startup for buying and selling foreign currency. It deals in currency, travel cards & International money transfers. In the last 16 months, the company has already become India’s largest online foreign exchange platform with 250+ RBI licensed money changers delivering foreign exchange across 1300+ locations in India.