TBO picks up minority stake in travel fintech Sankash

Gurgaon-based travel fintech company SanKash and Travel Boutique Online has entered into a strategic partnership. The association will enable the travel agents operating both online and offline to fast track the processing of their travel packages without any hassle and drive double-digit revenue growth. While TBO will bring its reach and distribution, SanKash will contribute its entire payment know-how, operations and technology to the travel agents associated with TBO. They can adopt SanKash’s Monthly Payment Plan and help customers book their dream vacation packages, which will eventually increase their customer uptake and upsell services without money becoming an issue. Aiming to make holiday trips a part of the simple and accessible pleasures of life, SanKash comes as a revolutionary travel fintech company that focuses on helping Travel Agents and Tour Operators provide pay-in-parts / monthly EMI solutions for their travellers. Through this unique value proposition, it intends to create best-in-class customer and partner focused affordability solutions for the travel industry. Sankash is a B2B service that makes payment (loan disbursement) to travel agents bank account instead of customers account, thus empowering the travel agent but enabling customers to travel.