Mumbai, January 6, 2016: Fxkart.com, India’s largest online aggregator of RBI-licensed money changers, announced that it has partnered with FRR Forex, which has their presence in most cities across India, as a part of its ongoing initiative to provide the ‘Best in India’ foreign exchange rates as well as more locations for the benefit of its customers. As per the partnership, FRR Forex will join the list of money changers on the Fxkart.com platform for buying and selling of foreign currency.
FRR Forex has been in the territory of currency exchange with over five years of experience in this business. It has gained tremendous goodwill to be one of the leaders in this closely-knit market. FRR Forex has a committed team to ensure the company’s good standing in the foreign exchange market.
With the aggregation business being judged by scale on both sides, companies have a huge task to increase their network strength at a very rapid pace. While Fxkart.com has been highly disruptive in the startup ecosystem, it has made life very easy for travellers and also for RBI-licensed moneychangers by creating a dynamic business ecosystem.
Mr. Harshad Parikh , COO, FRR Forex said, “We are very happy to be on the Fxkart.com platform as it magnifies our reach and also enables us to bid more competitively with their innovative technology. Internally, we believe this is a game changer for us and the industry as everything is moving online and working standalone is a thing of the past”.
Abdul Hadi Shaikh, CEO ,Fxkart.com said, “ In the past one year we have been pulling all our efforts in enabling Forex transactions all across India. With FRR Forex joining our network, it will magnify our reach and offer more competitive rates to consumers”.
Fxkart.com is a platform that facilitates foreign exchange trading and simplifies currency exchange for people travelling to and from India. Earlier this year, the company launched India’s first forex booking mobile app, showcasing 650+ forex dealer locations across India.
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