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Thomas Cook India Opens new counter at its Laxmi Nagar Gold Circle Partner outlet

Posted On : 2024-04-16 12:35:40( TIMEZONE : IST )

Thomas Cook India Opens new counter at its Laxmi Nagar Gold Circle Partner outlet

Thomas Cook (India) Limited, India's leading omnichannel forex services company, has opened a counter at its franchise outlet at Laxmi Nagar, in its focus to leverage the growing market of DelhiNCR. This expands Thomas Cook India's forex network in Delhi-NCR to 12 locations: 11 branches and 1 airport outlet. In addition to the commercial hub of Laxmi Nagar, the outlet will serve residential/ business areas of Preet Vihar, Nirman Vihar, Pandav Nagar, Patparganj, Mayur Vihar, Shakarpur and Geeta Colony.

Thomas Cook's data has highlighted Delhi NCR as a high growth market and Laxmi Nagar offers the Company a range of valuable consumer segments including students, business and leisure travellers.

Contact Details

Thomas Cook (I) Limited,
S - 10, Second Floor, V3S Mall,
Laxmi Nagar, Delhi - 110092
Ph: 011 49937333

Thomas Cook's Laxmi Nagar outlet will offer consumers end-to-end foreign exchange products & services including: cash across global currencies, Thomas Cook's Borderless Prepaid Card (in partnership with Mastercard and Visa offering a wallet of 10 currencies), overseas remittances, drafts, wires and Study Buddy card for the overseas education segment.

Thomas Cook India is India's largest non-bank foreign exchange services provider. The Company is witnessing a strong uptick of 35%YoY for the twelve-month period ended Dec. 31, 2023.

Thomas Cook Foreign Exchange India ka Forex Specialist (#IKFS): The business' omnichannel model today serves over 1 million retail customers annually, via its website, FXNOW (m-app and corporate booking tool), call centre, and 130 Forex stores located across 69 metros, tier 2-4 cities/towns pan India.

The Company's Ghar pe Forex commitment of doorstep delivery in 2 hours, serves as a strong reassurance with a smooth and swift last mile delivery.

Customers will also benefit from the Thomas Cook Grand Forex Festival, till June 30th, 2024. On offer are a range of exciting prizes for customers buying foreign exchange, including: two smart watches daily, an iPhone 15 every week, and a grand prize of one Harley Davidson x440 every month.

Mr. Deepesh Varma, Executive Vice-President - Foreign Exchange, Thomas Cook (India) Limited said, "Laxmi Nagar is a strong, emerging market for Thomas Cook India. As a commercial and education hub, our new outlet forms a viable catchment for leisure, business and overseas education segments - that we intend to leverage for our forex business."

Thomas Cook Forex serves 1000+ corporate clients, 1 million+ active Forex prepaid card users and over 1 Lakh students studying overseas using fees and other remittance services of the Company. Thomas Cook operates 29 counters at leading airports in India, Sri Lanka and Mauritius. The Company's Forex business has expanded its digital penetration with a unique B2B online platform - on boarding over 2300 Fx MATE partners since its inception during the pandemic.

Shares of Thomas Cook (India) Limited was last trading in BSE at Rs. 174.50 as compared to the previous close of Rs. 177.05. The total number of shares traded during the day was 38689 in over 859 trades.

The stock hit an intraday high of Rs. 177.70 and intraday low of 168.05. The net turnover during the day was Rs. 6718559.00.

Source : Equity Bulls


ThomasCookIndia INE332A01027 Counter FranchiseOutlet LaxmiNagar DelhiNCR