Top Story


Home >> Digital >> Article

Remit2India ranked world’s No. 1 online money transfer portal for NRIs

Font Size   16
Remit2India ranked world’s No. 1 online money transfer portal for NRIs

ACNielsen ORG-Marg has adjudged Remit2India as ‘world’s No. 1 online money transfer portal for NRIs’. Six websites, including Western Union, Pay Pal and Xoom, were the other contenders in this study. With a market of $23 billion annually and a growing Indian diaspora of over 20 million across the globe, Remit2India has emerged the clear leader in this segment.

“Remit2India has entrenched itself deeply in the NRI community and offers the best exchange rates and the lowest fee. In a price-sensitive industry, customers can save up to $30 vis-à-vis the competition,” the company said in a statement. It added that the portal had scored over its competitors across parameters, including geographical coverage, pricing, payment and delivery options and product innovations.

Suresh Rangarajan, Chief Operating Officer, Remit2India said, “I am immensely proud that Remit2India has in such a short span achieved what we envisioned at its inception. It has emerged as the undisputed leader and the preferred choice of thousands of NRIs. NRIs are not guided just by ‘ethnic affiliation’ and ‘patriotism’, but expect return on investment. Our expertise is to provide a unique web-enabled service to assist the NRI in his wealth creation, thereby creating value for the industry and the economy.”

Remit2India provides an entire gamut of investment opportunities to the NRI and couples it with the convenience of providing a seamless and paperless web-enabled platform.

Remit2India NRI Services is the global online financial service provider of TimesofMoney, a Times Internet Ltd company. The online venture has operations across 31 countries, including the US, Europe, Canada and Australia. It has the distinction of having the widest delivery network in India. It enables direct credits into beneficiary’s account across 6,000 towns and enables ATM withdrawals across 15,000 Visa ATMs with the remittance card facility. Its remittance solution for the Indian diaspora provides for an extensive global coverage, aggregates diverse payments and delivery modes.


Sidharth Gupta, Co-founder, Treebo talks about their outdoor campaign ‘Perfect stay or don’t pay’, what prompted this bold advertising move, its targeting, and the metrics that the brand utilizes to measure the efficacy of such a campaign

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

Rekha Sethi of AIMA, TV Mohandas Pai of Manipal Global Education Services Pvt Ltd, Col Rajyavardhan Singh Rathore, Minister of State for I&B, Sanjiv Goenka of RP-Sanjiv Goenka Group, Harshavardhan Neotia of Ambuja Neotia Group and Sanjay Kirloskar of Kirloskar Brothers Ltd Punit Goenka of Zee Entertainment Enterprises Ltd with Col Rajyavardhan Singh Rathore Rajan Anandan of Google India with Col Rajyavardhan Singh Rathore and Sanjiv Goenka of RPSanjiv Goenka Group Acharya Balkrishna of Patanjali Ayurved with Col Rajyavardhan Singh Rathore Vijay Shekhar Sharma of Paytm with Col Rajyavardhan Singh Rathore Motilal Oswal of Motilal Oswal Financial Services Ltd with Col Rajyavardhan Singh Rathore Indu Jain of Bennett Coleman & Co Ltd Director and screen writer Ali Abbas Zafar with Col Rajyavardhan Singh Rathore and Sanjiv Goenka M V Gowtama of Bharat Electronics Ltd with Col Rajyavardhan Singh Rathore Writer and filmmaker, Bhuvan Lall, Annurag Batra of exchange4media group & BW|Businessworld, Major Maroof Raza (Retd.), Consultant & Strategic Affairs Advisor, Times Now, writer and journalist, François Gautier, Member of Parliament, Swapan Dasgupta, Sonia Singh of NDTV, Hardeep Singh Puri, Minister of State (Independent Charge) for Housing & Urban Affairs, Deepak Verma of The Debating Society of India, Dr. Rajiv Kumar of NITI Aayog, former Union Minister, Manish Tiwari and former Member of Parliament, Pavan Varma Annurag Batra Mani Shankar Aiyar, Former Diplomat & Union Minister Pratham Mittal of Lovely Professional University Actor Kabir Bedi Sonia Singh and Maroof Raza Hardeep Singh Puri Swapan Dasgupta Dr. Rajiv Kumar Deepak Verma Virender Sharma, Joint Secretary - Department of Urban Development, Himachal Pradesh, Sima Saha, Mayor, Bhagalpur Municipal Corporation, Vinod Aggarwal, Mayor, Moradabad Municipal Corporation, Sita Sahu, Mayor, Patna, Anjum Parwez, Secretary, Department of Urban Development, Karnataka, Shobha Srishail Banshetti, Mayor, Solapur Municipal Corporation, Ashish Mathur of JUSCO

The announcement regarding this was made on Twitter by Sukumar Ranganathan, Editor-in-Chief, Hindustan Times, and Shekhar Gupta, Founder, The Print

The website promises to bring fast, reliable, insight-rich analysis in times when the readers are flooded with ‘breaking news’, and great conversations among an elite community of opinion leaders

The network has based its claim on Broadcast Audience Research Council (BARC) all India data (U+R) from April 2017 to March 2017 (full year average)