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Vakrangee

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  • Vakrangee
  • Vakrangee
  • Vakrangee
  • 150 - 200 Sq.ft
    Area Req
  • INR 10000 - 50 K
    Investment Size
  • More than 10000
    No. Of Franchise Outlets
  • 1990
    Establishment Year

About brand - Vakrangee

Vakrangee Limited is a Superstore franchise model you can explore to be your own boss!

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, Government programmes and from a wider access to basic goods and services.

Incorporated in 1990, we are a technology-driven company centred on building India’s largest network of last-mile retail outlets to deliver our services to the unserved and the underserved rural, semi-urban and urban population of the country. The Assisted Digital Convenience stores are called as Nextgen Vakrangee Kendras, which act as the ‘One Stop Shop’ for availing multiple products and services.

We offer an extensive array of services across various sectors by providing BFSI, ATM, E-Commerce & Logistics Services. Our Kendras are essential ‘One Stop Shop Assisted Digital Convenience Stores’, offering citizen’s goods and services at the competitive price, same time and same quality.

We have a portfolio of key licenses and partnership empanelment built over the last 25 years. We operate on an asset-light franchisee-based model. Our Nextgen Vakrangee Kendras have robust revenue generating capabilities supported by an advanced technological platform and multi-line of services. Each vertical of Vakrangee has the potential to achieve strong results and generate healthy returns. Every outlet of Vakrangee is supporting our key objective to set up a modern-day Nextgen Vakrangee Kendras, which makes our Kendras clearly and distinctly identifiable as “assisted digital convenience store”.

Being one of the largest franchisee-based, multi-service retail network, Vakrangee is focused on creating India’s extensive network of last-mile retail outlets at every postal code in the country, enabling Indians to benefit from financial, social and digital inclusion.

Through our vast network of outlets, we are driving financial, digital and social inclusion in rural India. Our ultimate purpose is to ensure that every Indian has the opportunity to benefit from financial, digital and social inclusion and has access to the global marketplace. Financial inclusion is achieved through the promotion of Government’s financial and social inclusion initiatives such as PMJDY and social security insurance schemes. Through our Kendras, we provide universal access to banking, insurance and pension schemes as well as Direct Benefit Transfer of subsidies.

We are taking the financial and digital literacy to the bottom of the socio-economic pyramid and serving as the last-mile link to connect India’s unserved and underserved rural and urban citizens by offering them the same products and services at the same time, competitive price and same service levels. We are acting as the biggest equaliser by bridging the gap between the urban and rural population in India.

At Vakrangee, we follow a franchisee-based model whereby the franchisee is a member of the local community. We direct our efforts towards empowering rural entrepreneurship, employment generation as well as skill development, thereby bringing urban convenience at the doorsteps of rural dwellers.

We leverage our vast network of retail access points to deliver real-time Services under:

  • Banking and Financial services - Account opening, Fund Transfers, Financial transactions
  • Government-to-Citizen Services like Adhaar (UIDAI) enrolment, Payment of Utility bills etc.
  • Business-to-Consumer Services with strategic alliance partners like Amazon, Mypacco couriers services, DTH and mobile recharge, Ricoh India.
  • RBI licence to deploy White Label ATMs across the length and breadth of the country (WLA's) to the un-served rural, semi-urban and urban markets.

 Franchisee Profile:

  • Leadership experience in related field
  • A track record of success in providing the highest level of customer service & satisfaction in business
  • Entrepreneurial excellence with zeal to become successful

Franchisee Add-ons:

  • Marketing Support
  • Advertising Support
  • Field assistance is also there
  • Brand, reputation & recognition 

Vakrangee currently has presence in 16 out of 29 states, covering more than 3000 pin codes, through its more than 16,000 retail outlets. Join the network now!

Vakrangee Franchise Cost & Investment

Commenced Operations

Operations Commenced On 1990

Franchise Commenced On 2013

Franchise Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 000

Details

Anticipated percentage return on investment 150 %

Likely pay back period of capital for a Unit Franchise 6-9 Months

Other investment requirements Yes, for Working Capital (Refundble)

Vakrangee Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

Recent Updates

Tags: Automotive Business Franchise in Delhi   |   Automotive Business Franchise in Haryana   |   Automotive Business Franchise in Himachal Pradesh   |   Automotive Business Franchise in Jammu and Kashmir   |   Automotive Business Franchise in Punjab   |   Show more...

Vakrangee Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 200 Sq.ft

Preferred location of unit franchise outlet Anywhere, the franchisee thinks fir for its business

Vakrangee Franchise Training

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Vakrangee Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Vakrangee Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Vakrangee franchise, you can fill up the application form provided on the website and get all the details viz. Vakrangee franchise fee, Vakrangee franchise cost, Vakrangee apply process and more.

Interested in Vakrangee Franchise? Apply here

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