- The new owned-store increases consumer access with 4 Foreign exchange outlets across the city
- Total of 17 outlets across the state of Maharashtra
TTT NEWS NETWORK
MUMBAI | 28 MARCH 2029
With a strategic intent to capitalise on the strong and growing demand from Pune, Thomas Cook (India) Limited, India’s leading omnichannel forex services company, has inaugurated a new owned-store in the high potential Balewadi region. The new store expands Thomas Cook India’s Foreign exchange network to 4 locations in Pune. This sustains aggressive expansion plans with 5 new branches/outlets opened pan India in the last six months.
Balewadi – a rapidly developing hub in Pune’s northern periphery was carefully chosen as a location for the Foreign exchange store as it offers the Company a range of valuable consumer segments including students, business and leisure travellers. Its close proximity to Hinjewadi – Pune’s largest corporate hub ensures demand from working professionals with global travel needs. With seamless connectivity and a growing number of commercial and residential establishments, Balewadi presents a strong opportunity for Thomas Cook to serve a diverse and high-value customer base. The new store will offer travellers end-to-end Foreign Exchange products and services.
- The Consumer empowering Product-Service Portfolio comprises of:
- Prepaid Travel Cards in partnership with MasterCard and Visa:
- For the Holidays – Newly launched Borderless Prepaid Multi-Currency Travel Card with 12 global currencies
- For Corporate – FX Enterprise card
- For Students – Study Buddy card
- Thomas Cook One Currency Card – India’s first prepaid card with Zero cross currency conversion fees
- Easy ways to Book for Pune’s rapidly evolving on-the-move consumer
- Forex App; Online Forex; Forex on Mobile.
- Education Forex for Pune’s strong overseas student segment for transfer of university/tuition fees, living expenses; discounted air fares, excess baggage; insurance and foreign exchange products like the Study Buddy Card
- Cash across global currencies
- Remittances – its “Send Money Abroad” covering over 120 countries
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.
Deepesh Varma, Executive Vice President – Foreign Exchange, Thomas Cook (India) Limited said, “Pune has been identified as a prime growth driver for our Foreign Exchange business, and we are delighted to expand our presence with a new store in Balewadi. Strategically located in a vibrant area that attracts a diverse customer base including leisure travellers, young India’s tech-savvy professionals, and corporates – our new Forex store will cater to a wide spectrum of consumer needs. Customers can benefit from our innovative product offerings such as Borderless Prepaid Multi-Currency Travel Card, the One Currency Card, and our Forex mobile app, ensuring seamless and secure transactions. We are confident of strong demand given Balewadi’s growing residential and commercial landscape, along with its seamless connectivity to key business hubs like Hinjewadi. In addition to Balewadi-Pune, Maharashtra continues to be a high-potential market for us, and we have our presence spanning metro cities as well as Tier 2 and Tier 3 locations such as Nashik, Kolhapur, Chhatrapati Sambhaji Nagar (formerly Aurangabad), and Ahilya Nagar (formerly Ahmednagar).
My team and I look forward to welcoming customers and providing them with Thomas Cook India’s comprehensive range of Foreign Exchange, Visa Services, and Insurance solutions.”
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