Focused on helping online and offline travel brands provide flexibly-paid holidays to their customers, Gurgaon-based travel Fin-tech company SanKash has recently closed over 250 offline travel partners. The platform has tied up with B2B travel aggregators like Travel Boutique Online, Birdres; key accounts like Thomas Cook, OYO Total Holidays, Akbar Holidays, Club 7, Neptune Holidays and tour package operating marketplace like Tripshelf.
SanKash has been plugging the massive financing gap within the Indian travel market that refrains nearly 35 per cent of travellers in India from taking the vacation of their choice. Through its unique, concept-based lending solution, it aims to create a best-in-class lending solution for the travel industry. The platform has recently teamed with likes of Thomas Cook, TBO, OYO, Tripshelf and others to power their innovative zero per cent EMI travel solutions. Through these associations, travellers will save themselves from the hassle of last minute travel expenses, further transforming their travel goals into reality.
Through its travel partners across 31 cities, SanKash has registered significant market traction and has already processed travel applications worth Rs. 45 crore within just five months of their launch. All the transactions have been made via 327 Point of Sale and 456 offline travel agents.
Akash Dahiya, Founder, SanKash said, “This is a milestone for SanKash towards its vision of making travel more affordable by enabling more and more travel providers across the country to offer flexible payments to their customers. Customers will now be able to pay the travel package amount in instalments in a span of over three months to 18 months while continuing to enjoy their holidays. For the Tripshelf customers acquired through our recent association, our services will be accessible digitally like an e-commerce solution with real-time decision & underwriting tools, while sitting at the comfort of their homes. Moreover, the customers will not be required to pay any interest on the package amount, which will make it a Cash Flow management tool rather than a loan. With funds and budgets no longer an impediment to travel, customers can now turn their dream vacation into reality without saving up or having to go through the extended hassle of arranging for funds.”