Thomas Cook (India) Limited is expanding its support for Indian enterprises operating or planning operations in the European Union through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro). The travel services company is leveraging the strategic presence of Eurobank in India to facilitate smoother access to travel services and cross-border transactions across the EU region. This initiative aims to capitalize on the India-EU Free Trade Agreement concluded in January 2026, which creates a trade zone covering 25% of global GDP.

Thomas Cook India established its first EU office, TCI Euro, in Nicosia, Cyprus, in 2025. This office provides enterprise clients with access to EU-exclusive travel options and preferential rates. The expansion aligns with the growing momentum in India-EU trade, offering localized offerings and seamless cross-border operations for expanding Indian businesses.

Eurobank has established a representative office in Mumbai, marking the first physical presence of a Greek and Cypriot bank in India. This office will facilitate cross-border corporate transactions and investments between India and Europe, deepening financial connectivity between the regions. The collaboration between Thomas Cook and Eurobank creates an ecosystem spanning travel services, financial services, and cross-border investments.

Mr. Indiver Rastogi, President & Group Head – Global Business Travel, Thomas Cook (India) Ltd., stated that the entry into Cyprus marked a significant milestone in the company's international growth journey. He noted that combining on-ground operations in Cyprus with Eurobank's cross-border financial expertise positions the company to facilitate seamless business mobility and support enterprises with integrated travel and business solutions across the EU region.

Mr. Michalis Louis, CEO, Eurobank Ltd., expressed delight at the establishment of the India representative office in Mumbai. He highlighted the opportunity to collaborate with Thomas Cook India via their Cyprus subsidiary to support Indian enterprises operating in or planning expansion across the EU region, reflecting the growing importance of business and economic ties between India and Europe.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE332A01027/08acfb7899f940ed.pdf

Thomas Cook (India) Limited and Atlys, a visa processing platform, have announced an exclusive long-term partnership to integrate foreign exchange solutions into the visa application journey. The collaboration targets leisure and student travel segments, aiming to simplify access to forex by combining visa processing and currency exchange into a unified experience. This strategic move is designed to enhance ease, speed, and trust for digitally savvy travellers seeking a hassle-free booking process.

Customers applying for international visas through Atlys can now opt for forex services and connect with Thomas Cook India to avail a Visa-backed Forex Card or foreign currency. The service features a streamlined process including digital and assisted onboarding, video KYC, and secure doorstep delivery across India. The initiative focuses on providing a reliable experience for travellers who prioritize digital-first solutions.

Thomas Cook India's product suite for this partnership includes prepaid travel cards supporting 28 global currencies. Specific offerings include the Borderless Travel multi-currency card for holidays, the Study Buddy card for overseas education, and the One Currency Card, which carries zero cross-currency conversion fees. Additionally, the partnership covers currency notes for high-demand destinations and the Send Money Abroad service for remittances to over 120 countries.

Mr. Deepesh Varma, Chief Business Officer – Foreign Exchange, Thomas Cook (India) Limited, stated that the collaboration aligns with the company's customer-first approach. He highlighted the company's digital capabilities, including the TC Pay app and 24x7 WhatsApp assistance, as key enablers for a seamless forex experience integrated into the traveller's journey.

Mr. Mohak Nahta, Founder and CEO of Atlys, emphasized the goal of removing friction points in travel. He noted that forex is a critical aspect requiring planning and expressed confidence in partnering with Thomas Cook India to bring this capability directly to travellers within the same platform.

Mr. Rishi Chhabra, Country Manager, Visa, India, pointed out that Visa network-enabled Forex Cards offer a secure payment method abroad. He added that integrating Thomas Cook India's solutions into the visa application stage simplifies travel preparation and helps customers manage overseas spends with confidence.

The collaboration was facilitated by InTandem, which played a strategic role in identifying the opportunity and aligning stakeholders. InTandem noted that the partnership combines Thomas Cook India's forex expertise with Atlys's digital traveller audience to address a clear customer need.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE332A01027/0571714ba9f64dea.pdf