The travel fintech company SanKash aims to serve 1 million customers by 2025

The Gurgaon-based startup aims to increase your partner’s productivity five times, double your existing monthly activation rate and have a lending book of ₹5000 million kroner.

SanKash, collaborates with travel companies that operate both online and offline. This makes it easier for customers to make travel decisions faster and increase travel costs, which helps increase sales. It also offers flexible payment options that can be paid over time which makes travel more accessible and affordable.

“After the pandemic, there is an increase in everything including travel where travelers want to spend for the trip, but instead of getting rid of all the money at once, prefer to pay the deferred. This is where SanKash offers” Fly Now, Pay Later “The alternative for customers,” said Akash Dahiya, co-founder of SanKash.

Tourism was among the hardest hit industries during the pandemic, with international and domestic travel almost stopped for over a year since March 2020. With normality returning, travel is picking up again.

“Som pr Indian tourism statistics at a glance 2021, 617.51 ​​million Indians took international and domestic trips in the year 2020 with the UAE and USA taking just over 42% of international Indian departures and Tamil Nadu with 23% of domestic tourist visits. But with payment options limited to debit cards, bank transfers and credit cards, almost 35-40% of middle-class Indians are unable to realize their holiday dreams due to lack of enough money. By identifying this huge gap, SanKash introduced the unique, concept-based alternative lending solution – “pay-in-parts”, Dahiya said.

Several small-town tour operators have integrated and implemented SanKash’s technology to increase sales conversions and drive double-digit revenue growth.

“SanKash is the only player affiliated with Thomas Cook, SOTC, Veena World, Kesari, Balmer Lawrie, TBO and other medium / small players in 40 Indian cities,” said Dahiya.

With the travel industry witnessing trends such as revenge tourism and revenge holidays, travel fintech and the BNPL aggregator saw a triple jump in volume compared to months before COVID-19 hit in 2020, he added.

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