Vakrangee aims to be the most trustworthy Physical as well as Online convenience-store across India. We promise to give every Indian, their rightful access to a wide range of products and services, that are fairly priced and of high quality. We will keep expanding this network, until we are in close proximity to the last excluded person within the country.
Vakrangee intends to become India's No.1 rurban centric retailer by offering innovative ideas and proven modern technologies for facilitating universal financial & social inclusion.
Who are We?
We are a technology driven company, focusing on creating India's largest network of last-mile retail points-of-sale, to potentially enable every Indian to seamlessly benefit from financial inclusion, social inclusion, Digital India, Skill Development, Employment, Government programmes and a wider access to basic goods and services.
What we Do?
We leverage our vast network of retail access points to deliver real-time BFSI services, Government-to-Citizen Services and Business-to-Consumer Services to the unserved rural, semi-urban and urban markets.
OUR COMPETITIVE ADVANTAGES:
- Strong Technology Expertise
- Reach till Gram Panchayat level
- Proven Track Record
- Unparalleled Execution Capabilities
- Preferred Partner for Banks
- Business Service
- Rs. 5,00,000 - Rs. 10,00,000
Area Required :- 150 Sq. Ft. - 250 Sq. Ft.
Total investment :- Rs. 5 Lacs - Rs. 6 Lacs
We are a retail house offering banking and financial services to India's unbanked population and the last mile link connecting India's urban and rural citizens with its modern ecosystem.
We will be setting up and running up to 75,000 Common & National Business Correspondent Outlets of banks at the Sub Service Area (SSA) level across India to bridge the financial inclusion gap.
The banks, subsequently, have allotted additional Business Correspondent outlets to Vakrangee in northern and western states in India, where it intends to set up and manage 50,000 Vakrangee Kendra.
We endeavour to serve our existing customers by being the last-mile link connecting India's rurban citizens with the modern ecosystem. Our highly evolved business model aims to provide technology-driven real-time connectivity at the Sub Service Area (SSA) level by intensifying the integration of BFSI Services.
We have received an exclusive mandate to offer banking services at these Vakrangee Kendra. We have signed an agreement with 31 banks, including 26 public sector banks such as State Bank of India, Punjab National Bank and Bank of India for Common BC & with 8 Banks for National BC Agreement such as Bank of India, Punjab National Bank, Union Bank of India & Bank of Baroda.
Our BFSI offerings include:
- Basic Banking Services
- Recovery of Loans
- Insurance (life and non-life)
- Direct benefit transfer
- Pension transactions