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Travkart enters India’s Financial Cap Via Franchisee Program

Opportunity India Desk
Opportunity India Desk Apr 25, 2018 - 3 min read
Travkart enters India’s Financial Cap Via Franchisee Program image
Travkart’s foray into the Financial Capital of India underlines its commitment to deliver innovative travel solutions to a much larger section of customers through an integrated omni-channel approach.

With a vision of further strengthening its strong pan-India service network, Travkart, the comprehensive travel service portal from Holidays by Sahibji Pvt. Ltd. specializing in fixed departure packages, has recently signed on its first franchise in Mumbai.

Travkart’s foray into the Financial Capital of India underlines its commitment to deliver innovative travel solutions to a much larger section of customers through an integrated omnichannel approach. The strategic move is also in line with Travkart’s endeavor to tap the immense potential that the Maximum City of Mumbai offers as one of the largest markets for travel and related products.    

What also makes the launch of Travkart’s Franchisee Program in Mumbai such a game-changing development is the end-to-end business support that it offers to partner travel agencies.

As part of its Franchisee Program, the company will provide broad assistance to the associated travel agency to help it deliver better end-customer services and drive greater business growth. It provides comprehensive training spearheaded by a qualified in-house franchise manager, in addition to extensive operational assistance, to ensure more seamless day-to-day and long-term operations.

The platform also plans to undertake similar expansion in cities such as Chennai, Chandigarh, and Nagpur in the near future, enabling more travel-oriented businesses across India to be a part of Travkart’s franchisee network.

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.”

Mr. 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.”

Travkart looks to bring on board franchisees with a minimum retail office space of 200 square feet to 500 square feet, and a minimum team size of 8-10 members each. A micro website will be created for each new franchisee/travel agent to ensure differentiation, flexibility and affordable pricing based on the region of operation. In addition, Travkart will assist in the digital marketing and social media campaigns of its franchisees. If a travel agent needs to apply for a Travkart franchise all they need to do is just fill and submit the application form online at www.travkart.com.

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