BookMyForex is coming up with a mobile application for Android and iOS platform to enhance the customer experience in booking and tracking rate in real time. Announcing the launch of the app in a phased manner, Sudarshan Motwani, Co-founder and CEO, BookMyForex added, “From the past six months, the forex brand is also working on an agent portal which will be introduced by June. We do not want to be seen as a competition to the offline travel agents but are keen on providing them with a larger reach. We will treat all at par and the rates will remain same for all.”BokkMyForex is also on the verge of announcing its tie-up with a renowned Online Travel Agent (OTA), informed Motwani. It will also be providing forex cards to travellers through its partnership with Axis Bank. Along with this, the brand has increased its operations to over 500 cities serving more than 3500 delivery locations. With this, it aims to boost business five times and achieve a turnover of Rs 1000 crore, in the current year.The brand is also focusing strongly on its international expansion in stronger markets. “In India, the exchange rate is less as compared with other nations such as Europe and Australia. We plan to establish our foot firmly in the Indian market and post that venture into the outbound arena with new payment products, but not this financial year 2016-17,” Motwani added.