SanKash, a fintech platform for travel, announced that it would be hiring 500 professionals in India over the next six months.
The platforms claimed that the new hires would strengthen SanKash’s ground presence at 150,000 travel point of sale, which dominate the domestic travel market, and fuel its sales and operations feet on the street capability to cater to its existing travel merchant base of 6,000 spread across 250 cities.
“With the market picking up post-Covid, travel merchants are seeing significant growth in bookings compared to the bygone year as consumers’ confidence is gradually returning,” said Abhilasha Negi, Co-founder and Head HR, SanKash.
India’s travel and tourism industry is expected to grow from an estimated $75 billion in FY20 to $125 billion by FY27.
“Along with the surge, the travel merchant base is also witnessing blitzkrieg expansion. The fresh hiring is directed at catering to this segment,” said Negi.
The country’s economy is bolstered by the tourism industry, which also opens up many job opportunities.
In 2021, the sector added 5.8%, or Rs 13,161 billion, to India’s GDP.
The Gurugram-based startup, established in 2018 by Akash Dahiya, Manu Pal, and Abhilasha Negi, has developed a plug-and-play application programming interface (API) platform that offers a variety of travel products and streamlines the online payment process for these products and services.
The company operates under the “Travel Now Pay Later” strategy. As tourism recovered after the two-year pandemic, SanKash plans to serve 1 million customers by 2025.