Thomas Cook Share Price Rises on Agreement with Muthoot Group

In a significant move aimed at strengthening its footprint in the foreign exchange and travel solutions market, Thomas Cook (India) Limited has entered into a strategic alliance with the Muthoot Group’s forex division. 

This collaboration is designed to expand the reach of Thomas Cook’s popular Borderless Travel and Study Buddy prepaid cards across the country, offering convenience, security, and value-added benefits to customers in metros and emerging towns alike.

Thomas Cook Expands Reach with Muthoot Group Partnership

The cornerstone of this partnership lies in Muthoot Group’s extensive network, comprising over 7,000 branches nationwide, including 43 full-service forex outlets. This allows Thomas Cook’s travel and student-focused prepaid cards to become more accessible to consumers in Tier 1 to Tier 4 markets. 

By combining Thomas Cook’s travel and foreign exchange expertise with Muthoot’s deep rural and semi-urban presence, the collaboration aims to bring global payment solutions to the doorstep of Indian travellers and students studying abroad.

Thomas Cook’s Cards Designed for Convenience and Global Use

The Borderless Travel Card supports 12 currencies and is tailored for international leisure travellers, offering features such as complimentary global SIM cards, free ATM withdrawals, travel insurance cover, and exclusive airport privileges. 

Meanwhile, the Study Buddy Card caters to students going overseas, with 0 markup in base currency, fraud protection, one free ATM withdrawal per month, and added perks like KrisFlyer miles and ISIC cards. Both cards are eco-friendly, made from recycled plastic, and backed by 24/7 customer support.

Read More: Best Gold Stocks in India for June 2025.

Thomas Cook Share Performance 

As of June 02, 2025, at 9:25 AM, Thomas Cook share price traded at ₹174.59 per share, reflecting a surge of 1.14% from the previous day's closing price. Over the past month, the stock has surged by 29.44%.

Conclusion

The Thomas Cook-Muthoot partnership reflects a shared vision of democratising access to smart forex solutions in India. By placing user convenience and accessibility at the forefront, this initiative is set to simplify the way Indians handle international payments, whether for travel or education.

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