Vakrangee Ltd.

BSE: 511431 | NSE: VAKRANGEE
Small Cap | BPO/ITeS
6.99
-0.12 (-1.69%)
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Vakrangee enters Guinness World Records by opening 1,107 stores

Date: 04-02-2019

Vakrangee has entered the GUINNESS WORLD RECORDS by opening 1,107 stores on January 14, 2019. This is the highest number of stores opened anywhere in the world. It achieved this by beating the existing GUINNESS WORLD RECORDS title of most stores launched simultaneously of 505 stores on October 29, 2018 held by Xiaomi Technology India.

These 1,107 stores were part of the 3,300+ Nextgen Vakrangee Kendras which were launched on January 14, 2019. These Nextgen stores offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance, Financial services and Logistics. These Nextgen outlets are spread across 19 states, 350+ districts and 2,000+ postal codes of the country, out of which more than 70% outlets are from Tier 5 and Tier 6 cities.

Vakrangee is the unique technology driven company focused on building India's largest network of last-mile retail touch points to deliver real-time banking, insurance, e-governance, ecommerce and logistics services to the unserved & underserved rural, semi-urban and urban markets.