Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 20 2018

Vakrangee Ltd launches domestic money transfer at its Nextgen outlets

This Domestic Money Transfer service can be availed across Vakrangee's nation-wide franchisee network of Nextgen Vakrangee Kendras.

Vakrangee Ltd launches domestic money transfer at its Nextgen outlets

Vakrangee Limited, one of the world's largest franchisee-based, multi-service retail networks, has announced the launch of its Domestic Money Transfer service in partnership with Eko India Financial Services Pvt Ltd, an authorised Prepaid Instrument License holder from RBI, through its nationwide network of Nextgen Vakrangee Kendras. These Nextgen Vakrangee Kendras offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance, Financial services and logistics.

This Domestic Money Transfer service can be availed across Vakrangee's nation-wide franchisee network of Nextgen Vakrangee Kendras. Vakrangee has already launched these Nextgen Kendras in the Mumbai Metropolitan Region (MMR) and National capital region (NCR). The Company further plans to launch 3,000+ NextGen outlets across 20 states.

Vakrangee which is considered a pioneer of the asset-light franchisee-based business model in the country intends to upgrade its network of Nextgen Vakrangee Kendras to 45,000 Kendras by 2019 and further increase it to 75,000 by 2020.

Dinesh Nandwana, MD & CEO, Vakrangee Ltd, said, "With this launch, we further empower our franchisee family to complement their bouquet of offerings to their customers at Nextgen Vakrangee Kendras. Our franchisees can now enhance their revenue stream by undertaking money transfer service universally to all their customers without any restriction on bank network or their geographical location. At the same time, to our Partners, it would give them unparalleled distribution reach via our strong network of Nextgen Kendras across the length and breadth of the country."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Automobile Accessories
    About Us:  Minda Silca Engineering Pvt. Ltd. introduced the concept of..
    Locations looking for expansion Uttar pradesh
    Establishment year 2008
    Franchising Launch Date 2016
    Investment size Rs. 2lac - 5lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater GREATER NOIDA Uttar pradesh
  • Packaging Tools & Machinery
          Established in 2002, Packman Packaging Pvt Ltd, ISO 9001:2008 certified,..
    Locations looking for expansion Delhi
    Establishment year 2002
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Quick Service Restaurants
    Started as Wraps & Rice in 2009, The brand has..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Others Consultancy
    The company is working to connect rural and urban markets..
    Locations looking for expansion Orissa
    Establishment year 2017
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bhubaneswar Orissa
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities