Interviews

Quick Forex might open 25 branches by next fiscal year

Quick Forex might open 25 branches by next fiscal year

Yash Sharma, CEO of Quick Forex came up with the idea of using all available digital platforms for making money transfers, tours & travel an amazing experience. From the forming up of a completely dedicated team working on Social Media to building up exclusive strategies for customer satisfaction, Yash has shown keen interest and involvement in all work stages.

Yash shares what the motive behind starting the company, what all it offers, expansion plans, and much more:

Q. What were the inspiration/ motive behind starting this company?

Mr. Sharma: I believe that institutional logic should take its place alongside financial logic as a guiding principle in professional decision making. As a young entrepreneur, I explored all possible mediums to reach out to the masses with his services be it Social Media, Digital Platforms, and there are many ongoing projects that would keep Quick Forex ahead in terms of breakthrough technology. Being a frequent traveller, the long queues for exchange were very troublesome and tiring, I always thought of short cuts and quick responses for each task coming my way, and then the hype of digital platforms was gaining among people. I found a solution to it and kept on improvising our service. Our customers have really enjoyed the service and requested us to open more branches in their states. I am looking forward to creating and implement strategic solutions that would result in quick and easy access to foreign exchange and related solutions. A true entrepreneur always understands the needs of the networking business.

Q. What kind of services does your company provide? Elaborate.

Mr. Sharma: Quick Forex helps its customers to buy forex for several purposes such as Personal Travel, Business Travel, Education, Emigration, Employment, Medical, etc. through simple and convenient use of any of our Digital Platform and Pan India Branches. We promise the fastest delivery of funds globally. It’s India’s first e-commerce initiative in retail foreign exchange and international money transfer, offering customers complete services of forex products consisting of currency notes, prepaid travel cards, traveller’s cheque, demand drafts and wire transfers in the most inexpensive and convenient way, i.e., through Digital Media.

Q. What kind of packages do you offer?

Mr. Sharma: We do not provide any kind of travel packages.

Q. How is your company different than other competitors in the market?

Mr. Sharma: Our competitive rates and the hold we’re having on all our services offered is something none can beat us in. We have dedicated team catering students and travel wire transfers. We have tie-ups with almost all the banks in India for seamless service. His understanding of what customers want, combined with his employees’ know-how, can be regarded as a knowledge base. Using knowledge in the right way, I have tried to run the business more efficiently.

Q. What are your plans for expansion?

Mr. Sharma: Well, right now we have 10 branches and the next target is to have another 25 branches in the coming financial year. There is a rise in demand for foreign exchange. More and more people are flying abroad. Students are going for their degrees. I feel there is a huge potential in the market and we as a company will try to encash the trends. I feel our expansion is on the automation where people want to join us from the whole of India.

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