Travel portal Travkart has recently signed on its first franchise in Mumbai. Travkart’s foray into Mumbai underlines its commitment to deliver innovative travel solutions to a much larger section of customers through an integrated omni-channel approach. The strategic move is also in line with Travkart’s endeavor to tap the potential that Mumbai offers.
Travkart has also tied up with various fintech platforms to facilitate working capital loans of up to INR 1 crore for online and offline travel agents who are part of its Franchisee Program. All partner agents need to do to avail these loans apply online through the Travkart platform and upload the pertinent documents. If their application is processed and approved by Travkart’s fintech partner, depending solely on the credibility and credit-worthiness of the applicant, the loan is disbursed in as little as three days.
Manheer Singh Sethi, Co-founder, Travkart commented, “As India’s business hub and its most populous city, Mumbai is one of the most promising travel markets in the country. There exists a massive and growing demand for travel packages within the city, which is why we are delighted to have signed our first franchisee here. While we received a large number of requests, we closed a franchising agreement with The kangaroo Travels based on its commitment to the brand’s long-term growth and the end-customer’s satisfaction. Our aim is to expand our presence in all major cities in India and build 100 Travkart franchisees by 2020. We are dedicated to providing extensive operational assistance to our franchisees, and are also looking to help them secure the required funds for business development, operations, and marketing, etc. with hassle-free unsecured working capital loans.”
Nikunj Joban Putra, Franchisee Owner from Mumbai, said, “This is the age of digitization, and customers want quick and convenient online travel information and assistance, which is exactly what Travkart provides. The association with Travkart allows us to leverage its robust online travel platform and inventory of travel packages to provide superior value to our customers. Moreover, with our large network of nearly 800 travel agents, we are confident that we will bring multifold growth for brand Travkart in the near future.”
