Prithvi Exchange launches ICONIC Forex Card for global travellers

1 min read     Updated on 22 Jul 2026, 01:04 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Prithvi Exchange (India) Limited launched the ICONIC Forex Card, a multi-currency travel card supporting 23 currencies with competitive exchange rates and a mobile app for management. The card targets various traveller segments and offers 24/7 support, rewards, and insurance benefits. The company, an RBI-licensed Authorized Dealer Category II, operates across 26 cities in India.

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Prithvi Exchange (India) Limited, a Reserve Bank of India (RBI) licensed Authorized Dealer Category II, announced the launch of its ICONIC Forex Card on July 22, 2026. The new multi-currency prepaid travel card is designed to offer secure, smart, and seamless global payments for Indian travellers. This launch marks a significant expansion in the company's product portfolio, aimed at enhancing the international travel payment experience.

The ICONIC Forex Card supports 23 major foreign currencies and provides competitive exchange rates to help customers manage travel expenses efficiently while reducing dependence on cash. The product targets leisure travellers, business professionals, students, and frequent flyers. Cardholders gain complete control over their funds through a user-friendly mobile application, which allows them to manage the card, track transactions, and access self-service features anytime, anywhere.

To ensure continuous assistance, the card comes with 24/7 WhatsApp support. The product also includes several value-added features such as attractive rewards, welcome benefits, and destination-based offers. Furthermore, cardholders are entitled to complimentary insurance coverage and international travel SIM/e-SIM benefits, enhancing the overall travel experience.

Management Commentary

Commenting on the launch, Mr Pavan Kumar Kavad, Managing Director of Prithvi Exchange, highlighted the company's commitment to innovation. He stated that the card reflects their dedication to delivering customer-centric payment solutions by combining digital convenience, competitive pricing, and valuable travel benefits. The initiative aims to make international travel more rewarding and hassle-free for customers worldwide.

About Prithvi Exchange

Prithvi Exchange (India) Limited has been a trusted provider of foreign exchange solutions for the past 31 years. The company operates in 26 key cities across India and has plans to expand its network to other cities and foreign countries. With an experienced team and a cutting-edge technological platform, the company serves leisure and business travellers, students, and others travelling overseas for their foreign exchange requirements.

Feature Description
Product ICONIC Forex Card
Type Multi-currency prepaid travel card
Currencies Supported 23 Major Foreign Currencies
Management Mobile Application
Support 24/7 WhatsApp support
Additional Benefits Rewards, Welcome Benefits, Destination-based offers, Complimentary insurance, International travel SIM/e-SIM

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%-3.24%-7.45%-2.96%-39.77%+233.72%

How will Prithvi Exchange differentiate the ICONIC Forex Card from established competitors like BookMyForex and Niyo in the crowded prepaid travel card market?

What are the specific revenue targets or user acquisition goals Prithvi Exchange has set for the first year of the card's launch?

How does the company plan to leverage the planned expansion into foreign countries to boost the adoption of its Forex Card?

Prithvi Exchange opens two Mumbai branches, total count reaches 38

1 min read     Updated on 16 Jul 2026, 12:13 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Prithvi Exchange (India) Ltd has inaugurated two new branches in Thane and Ghatkopar, Mumbai, increasing its total branch count to 38. The new branches offer comprehensive foreign exchange solutions in a technology-enabled environment. This expansion aims to enhance customer accessibility and strengthen the company's national presence.

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Prithvi Exchange (India) Ltd has expanded its retail footprint by inaugurating two new branches in Mumbai, located in Thane and Ghatkopar. This strategic expansion increases the company's total branch count to 38 across the country. The move aims to enhance customer accessibility and deliver superior service experiences by providing seamless forex services in a contemporary setting.

The new branches are situated at Shop No. S/12, Ground Floor Building' Devprayag CHS Ltd, Bhakti Mandir Road, Near Hariniwas Circle, Thane West – 400602, Mumbai, and O and S Business Suite, 5th floor, Office No. 502, Hirachand Desai Municipal Market, Ghatkopar West, Mumbai - 400086. Both locations will offer comprehensive foreign exchange solutions in a modern, technology-enabled environment.

Branch Details

Location Address
Thane Shop No. S/12, Ground Floor Building' Devprayag CHS Ltd, Bhakti Mandir Road, Near Hariniwas Circle, Thane West – 400602, Mumbai
Ghatkopar O and S Business Suite, 5th floor, Office No. 502, Hirachand Desai Municipal Market, Ghatkopar West, Mumbai - 400086

The opening of these branches marks another milestone in the company's growth journey. By focusing on expanding its branch network across key markets, Prithvi Exchange aims to strengthen its national presence and create long-term value for its stakeholders. The company remains confident that this expansion will contribute positively to its operational performance and reinforce its position as a trusted player in the forex services industry.

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%-3.24%-7.45%-2.96%-39.77%+233.72%

What are Prithvi Exchange's plans for further branch expansion in other key markets across India?

How will the new branches leverage technology to enhance customer experience and operational efficiency?

What impact is this expansion expected to have on the company's revenue and market share in the forex industry?

More News on Prithvi Exchange

1 Year Returns:-39.77%