Vakrangee Ltd. (VAKRANGEE)

Overview

Vakrangee Limited, headquartered in Mumbai, India, is a multifaceted technology company known for offering a wide array of services across banking and financial, ATM, insurance, e-governance, e-commerce, healthcare, and logistics sectors primarily in India. Founded in 1990, the company has established a notable presence in the digital services and retail sector through its extensive network of Vakrangee Kendra outlets, which numbers around 22,042. This extensive network helps in delivering financial and digital services to the last mile, including in rural and semi-urban areas.

Products and Services

• Banking and Financial Services

  Vakrangee Limited provides an array of banking services including bank account opening, cash deposits and withdrawals, fixed and recurring deposits, and loans among others. They also facilitate financial transactions like money transfers, balance enquiry, statement of accounts, and domestic money transfer services, making everyday banking accessible for the masses.

• ATM Services

  The company deploys ATM services, allowing for cash withdrawals and banking transactions in convenient locations, thereby extending the banking infrastructure to underserved communities.

• Insurance Services

  Vakrangee offers various insurance products such as life insurance, motor insurance, health insurance, and social security schemes. These services aim at providing protection and financial stability to individuals across different segments of society.

• E-Governance

  They process government-related services like DEMAT account opening, PAN card applications, and CIBIL score checking, thereby bridging the gap between the government and citizens through digital platforms.

• E-Commerce

  The company operates assisted online shopping, allowing customers to buy goods and services through a digital platform with the aid of Vakrangee Kendra outlets, further digitalizing the retail experience for rural and semi-urban areas.

• Healthcare Services

  Under its healthcare initiative, Vakrangee offers assisted healthcare services, making it easier for individuals to access healthcare information and services.

• Logistics Services

  Providing courier and logistics services, Vakrangee plays a crucial role in the logistics supply chain, ensuring the timely and safe delivery of parcels and documents across various locations.

• Travel and Telecom Services

  They facilitate assisted travel services, including bookings and reservations for transport and accommodation, and telecom and bill payments services, streamlining everyday tasks for their customers.