Mumbai-based Vakrangee Limited, a technology-driven company focused on building India’s largest network of last-mile retail outlets, announced a sharp increase in its profits for the second quarter ended September 30, 2023. The company’s profit after tax jumped 210.55% to Rs. 42.39 lakhs compared to the same quarter last year. EBITDA also rose 40.80% to Rs. […]
Vakrangee Ltd, which runs over 13,200 digital kiosks across the country, said its franchisees will now be able to offer share trading and demat account opening services thanks to a tie-up with stock trading app Upstox. Vakrangee Kendras already offer a variety of internet-enabled services, such as bank account opening, issue of government certificates, money […]
Vakrangee Ltd said it would spin off its IT services business into a separate, listed entity. The company’s mainstay business of franchising Vakrangee Kendras, as well as its BharatEasy app, will remain with the current listed entity known as Vakrangee Ltd. The company said it was doing so as both businesses have evolved into very […]
Vakrangee Ltd, India’s largest operator of IT-enabled kiosks and service centers, reported a strong increase in its operating financials for the September quarter as its performance clearly overshot pre-COVID levels. The company’s total revenue jumped to Rs 207.2 cr for the three months ended September this year, up from just Rs 70.2 cr in the […]
Vakrangee Ltd said it has tied up with BigHaat Agro Private Ltd to provide end-to-end Agri services, digital advisory as agri input products, including seeds and fertilizers. BigHaat is a digital agricultural platform that offers valuable inputs to farmers by using science, data and technology, such as end-to-end crop guidance and market linkages for various […]
IT service management company Vakrangee Limited, one of the main providers of the software equipment for voter id cards and Aadhaar cards, said that it has partnered with mass media firm ZEE Entertainment Enterprises Ltd. (ZEEL), for the “distribution and subscription” of ZEEL’s video on demand platform ZEE5 for its customers in 3,504 Nextgen Vakrangee […]
Vakrangee Ltd, the Mumbai-based technology and distribution company, said the ministry of corporate affairs of India has ordered an inspection of its accounts for three years, and that PricewaterHouse will step down as the company auditor as part of the exercise. The inspection will be carried out under section 206 of the Companies Act. The […]
