Thomas Cook Expands Forex Network with New Store in Pune

Thomas Cook (India) Limited has strengthened its footprint in Pune by inaugurating a new store in the rapidly growing Balewadi region. 

This expansion increases Thomas Cook India’s foreign exchange network to four locations in Pune and aligns with the company’s aggressive expansion strategy, which has seen five new branches and outlets open across India in the last six months. 

The new store aims to cater to a diverse range of customers, including students, corporate professionals, and leisure travelers, by offering a comprehensive suite of forex products and services.

Strategic Location for Growing Demand

Balewadi, located in Pune’s northern periphery, was strategically chosen for its growing residential and commercial developments. 

The area is home to a strong mix of business travelers, students, and tourists, ensuring a steady demand for forex services. Its proximity to Hinjewadi, Pune’s largest corporate hub, further enhances its appeal, providing Thomas Cook with access to working professionals who frequently travel for business. 

The company aims to capitalise on this location’s seamless connectivity and expanding infrastructure to serve a high-value customer base efficiently.

Comprehensive Foreign Exchange Services

The newly launched Balewadi store will provide end-to-end forex solutions, including prepaid travel cards, cash exchange, and remittance services. Thomas Cook India offers specialised travel cards, such as the Borderless Prepaid Multi-Currency Travel Card, the FX Enterprise card for corporates, and the Study Buddy card designed for students. 

Additionally, the Thomas Cook One Currency Card remains a popular choice for travelers, offering zero cross-currency conversion fees. The company also provides an easy and convenient booking experience through its Forex App, online forex platform, and mobile services. 

With Pune’s strong student base traveling abroad for education, the store will facilitate university fee transfers, living expenses, and other related financial services.

Conclusion 

With its new forex store in Balewadi, Thomas Cook India continues to expand its reach and cater to Pune’s growing demand for foreign exchange services. 

On March 25, 2025, Thomas Cook share price opened at ₹144.64 and closed at ₹136.15, down by 4.36%. The stock price touched its day’s low at ₹136.15. 

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