- Business
- Prithvi Exchange (India) Limited engages in foreign exchange services as a Reserve Bank of India licensed Authorized Dealer Category II, offering buying and selling of foreign currency notes and coins in major currencies including USD, EUR, GBP, AUD, SGD, AED, THB and CAD; traveler cheques such as American Express, Thomas Cook, VISA and MasterCard; travel currency cards and co-branded cards; foreign currency demand drafts; SWIFT, telegraphic and wire transfers; remittances for education including university fees, family support and business purposes; inward money transfers via Western Union, MoneyGram and Xpress Money; corporate forex solutions; specialized crew wage disbursements for the maritime industry; travel insurance; and forex services for students, NRIs and corporates from IT, manufacturing and service sectors. The company operates branches across key Indian cities including multiple locations in Chennai, Bangalore, Goa, Hyderabad, Mahabalipuram, and recently expanded with a new branch in Bhubaneswar, Odisha in September 2025. Founded in 1995 and headquartered at No. 11, East Spur Tank Road, Chetpet, Chennai, Tamil Nadu, the company, formerly Prithvi Softech Limited until its name change in 2016, maintains strategic tie-ups with banks, travel agencies and global money transfer providers while pursuing network expansion plans. In July 2024, a unit received in-principle approval from IRDAI followed by a full license to act as a direct insurance broker, marking entry into insurance intermediation alongside core forex operations. The company declared a final dividend of Rs 1 per share in September 2025 and continues to report revenue growth, with September 2025 net sales at Rs 1,021 crore up 3.28% year-over-year.