Our Motto - || सर्वेभ्यः समृद्धिः ||
Laxmii Forex was established with one motive in mind. 'To Provide World Class Forex Services in a cost effective way to our each and every customer'. Hence, We have chosen the motto ‘सर्वेभ्यः समृद्धिः’ meaning "Prosperity to All".
Our Story
Laxmii Forex Limited is the brainchild of the husband-wife duo of Nishikant Bhalerao and Poonam Bhalerao. An AD-II licensed Forex Company established in 2006.
Since inception, Laxmii Forex has successfully delivered a broad spectrum of foreign exchange services to millions of customers in India and Abroad.
Our team of highly experienced and qualified industry stalwarts always prioritises the satisfaction of our customers. We do this by providing excellent value to each and every customer of ours through swift, smart, and safe foreign exchange services. This way, our solutions help customers meet their forex requirements through world-class yet cost-effective service offerings.
We have four branches in Pune at Law College Road, Aundh, Bund Garden & Eon Kharadi and one branch in Mumbai at Sahar Road, Andheri(E). Going forward, we aim to add more locations to make our expertise available across different locations. We aim to scale up our service offerings, expand into new regions and fulfil the forex needs of more and more people through world-class yet cost-effective service offerings.
A deep commitment to diversity
Our Leadership
(Managing Director / CEO )
Mr. Nishikant Bhalerao
Mr. Nishikant Bhalerao is the Founder and Managing Director of Laxmii Forex Ltd. Mr Bhalerao is a first generation entrepreneur. He is a graduate in Commerce from Pune University and holds a Master’s in Labour Law form ILS Law College, Pune. After working in Forex industry for 10 years Mr. Bhalerao founded Laxmii Forex with a capital of ₹25 Lakhs in 2006 the company has grown tremendously since its foundation, the company has grown to become Pune’s best Forex Company. Mr Bhalerao has also been awarded the prestigious Business Excellence award by the Sakal Group in 2022. A biography of Mr. Bhalerao was published in the book MSMErise.
(Executive Director / Chief Operating Officer)
Mrs. Poonam N. Bhalerao
Mrs. Poonam Shah-Bhalearo is the Co-Founder and Executive director of Laxmii Forex. Mrs Bhalerao comes from a humble a background and was bought up in Pune’s MarketYard neighbourhood. She attended Hujurpaga School and graduated in commerce from Pune University. She also holds IATA certificate. Mrs Bhalerao has played a key role in the company since the foundation.
(Director and Chief Strategy Officer)
Mr. Sahil N. Bhalerao
Mr. Sahil serves as the Director and Chief Strategy Officer, responsible for developing and executing marketing, operations, and corporate policy strategies. He has expertise in Forex travel cards, cross-border payments, and regulatory compliance. Sahil holds a Business Administration degree and is pursuing a Master's in Economics from Pune University.
Email Id- sahilbhalerao@laxmiiforex.com
Our committed staff members are here to help you.
Why Us?
It’s a dream of almost every person to travel and study abroad. Going abroad is expensive (Flight Tickets, Stay, etc). For every person the need for Forex arises while travelling abroad. But in many cases customers are charged hefty fees to avail these services in banks and other Institutions . Which adds up to the costs.
We at Laxmii Forex make sure that every person gets World Class Forex Service in a cost effective way. We always have consciously taken decisions to benefit the needs of our customers, be it our rates or charges, we have always made sure to help customer get cost effective service.
We have over million plus active customers in India and Abroad. A team of after service specialists has been set up to serve the customer better. We specialise in International Money Transfers(Outward Remittence) as well as Forex Cards and Currency Exchange.
We have also taken measures to ensure all of the customers’ queries are satisfied through our customer feedback form posted on our website.