Vakrangee has partnered with TSI Yatra to offer assisted online travel services.
Vakrangee has launched the full package of travel services on its platform and has rolled out services such as domestic/international flight bookings across its network of over 11,900+ Nextgen Vakrangee kendras.
Vakrangee intends to provide digital travel services to the most remote parts of the country at competitive prices, as well as provide its business partners with reach into unserved parts of the country and access to untapped customer base.
Currently, Vakrangee will be offering domestic/international flight bookings from its Nextgen Vakrangee Kendras. In addition, additional services such as hotel reservations as well as travel and vacation packages are becoming operational and will be launched very soon. The merger completes the entire offering of online assisted travel services.
Nextgen Vakrangee Kendras exclusively offers a full range of products and services in banking, insurance, ATMs, assisted e-commerce, e-governance and logistics. With 70% of its Nextgen outlets in Tier 5 and Tier 6 cities, Vakrangee will provide its customers with flight and hotel booking services in the most remote and hitherto unserved/underserved areas. served in the country.
Vakrangee currently has 11,900 Nextgen Vakrangee Kendras spread across 27 states and UT, over 520 districts, and over 4,620 zip codes. Over 70% of these outlets are in tier 5 and 6 cities. Vakrangee’s planned goal is to reach at least 25,000 Nextgen Vakrangee Kendras by FY2022 and further upgrade it to reach 75 000 Nextgen outlets by FY2026.
The company has teamed up with reputable partners spread across banking, ATM, insurance, financial services, e-commerce, e-governance and logistics industries to offer its customers the best services and products.
Vakrangee’s consolidated net profit soared by 96.2% to Rs 23.33 crore on a 127% drop in net sales to Rs 154.02 crore in Q1 FY22 compared to Q1 FY21.
Vakrangee offers a wide range of services in various sectors by providing BFSI, ATM, e-commerce and logistics services through its Vakrangee Kendras.
Vakrangee shares gained 0.16% to Rs 31.60 on BSE. The stock has hovered between Rs 31.30 and Rs 32.45 so far.
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