Franchise FAQ

is vakrangee franchise profitable

by Issac Kreiger Published 1 year ago Updated 1 year ago
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Vakrangee Franchise offers multiple services under one roof, making the venture successful and profitable for both, the Franchise owners as well as the customers.

What are the benefits of Vakrangee franchise?

One of the unique benefits which are offered by Vakrangee Franchise is that the Franchise owners have nothing to worry about the inventory part of the business. The business model operates on the basis of the ‘No inventory’ model and hence the Franchise owners don’t need any additional space for storing any inventory.

What is the Vakrangee business model?

The business model operates on the basis of the ‘No inventory’ model and hence the Franchise owners don’t need any additional space for storing any inventory. Vakrangee Franchise offers the interested candidate with different types of Kendras or rather different types of Franchise models which they can choose from.

What is the cost of a Vakrangee ATM franchise?

Vakrangee ATM franchise provides free maintenance and services unlike other companies. Along with the ATM, Vakrangee will provide you with CCTV cameras and VPN connectivity too which cost around Rs. 40,000 to Rs. 50,000 in the market. The cash and ATM of yours is given insurance of Rs. 10,00,000 by Vakrangee.

What services does Vakrangee provide?

We provide a range of services right from end-to-end banking, insurance, money transfers, and lead generation for various loan products. Vakrangee owns the license from RBI to set up and manage White label ATMs, enabling real-time cash withdrawals.

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How does vakrangee make money?

Vakrangee as a technology company provides banking ATM insurance financial services e-governance e-commerce and logistics services. It provide multiple services to the underserved and unserved population across India through our Vakrangee Kendra outlets set up in 19 states of India.

How do I start vakrangee Kendra?

Mandatory Requirements for FranchiseeMinimum carpet area. Gold Kendra - 300 sq.ft. Silver Kendra - 150 sq.ft. Bronze Kendra - 65 sq.ft.Internet connectivity. with minimum 2 mbps speed.Regular power. connection with sufficient power backup.Outlet to be exclusive. for Vakrangee services.

Is vakrangee debt free?

Based on the latest financial disclosure, VAKRANGEE LTD has a Total Debt of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Software - Application industry.

What is the business model of vakrangee?

Vakrangee offers assisted e-commerce and logistics services enabling our customers to access services such as online shopping, healthcare, telecom and bill payments services, travel services, and last mile courier and logistics services at the best price.

Is vakrangee a good company?

Vakrangee is good corporate company and here is all staff are good and cooperative and I really appreciate the work culture .

Is vakrangee a government company?

Vakrangee Limited is a technology company based in Mumbai, India that provides banking, insurance, e-governance, e-commerce, and logistics services....Vakrangee Limited.TypePublicHeadquartersVakrangee House, Plot No. 66, Marol Co-Op. Industrial Estate, Off. M. V. Road, Andheri (E), Mumbai – 400 059Area servedIndia15 more rows

Who is the owner of vakrangee?

Dinesh Nandwana –Dinesh Nandwana – Managing Director & Group CEO Dinesh Nandwana holds a Chartered Accountant degree from the Institute of Chartered Accountants of India. He drives and oversees the overall business at Vakrangee since its inception in 1990.

Is it good to invest in vakrangee?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vakrangee Ltd is likely to Fall in the short term.

What is Mahila vakrangee Kendra?

Vakrangee Kendra outlets are one stop shops providing key Essential services to the citizens of the country such as – • Banking Services. • ATM Services. • Online Pharmacy. • Telemedicine health services – Including Unlimited Tele & Video Consultation with expert doctors & Home Blood test.

What does "agreement signed" mean?

Agreement Signing - If you accept our offer, the agreement is signed – and it is official. You are closer to opening the doors to your very own Nextgen Vakrangee Kendra.

What is the key step in establishing a successful Vakrangee Kendra?

1. Selection of a proper shop location is a key step in establishing a successful Vakrangee Kendra.

How long does it take to set up a franchise?

In around two months of time, the franchisee can set up his/her entire operation. This time frame is the minimum time required and can be reduced further if the franchisee does his activities faster. The detailed timeline is given below for the reference below.

What is a detailed design manual?

Detailed design manual is shared with the franchisee, which includes the store layout, drawings and material details for the store interiors and civil work.

How long does it take to get equipment delivered?

Ideally the delivery of equipment would take 3 to 6 weeks post successful approval of the store.

What is online payment?

Online payment - Applicants to make payment from their own bank account.

Can a franchisee upload pictures?

Franchisee shall also click and upload all the required pictures through our mobile app, which will be approved by the respective field manager and relationship manager.

What is Vakrangee logistics?

Vakrangee offers assisted e-commerce and logistics services enabling our customers to access services such as online shopping, healthcare, telecom and bill payments services, travel services, and last mile courier and logistics services at the best price.

Where are Vakrangee Kendras located?

Today, our Vakrangee Kendras have become multi-purpose convenient stores located across urban, rural and ‘difficult to reach’ areas of India. We offer a world of convenience just around the corner, creating an environment for the ease of urban dwelling to reach the doorsteps of rural dwellers.

Is Vakrangee a trustworthy store?

Vakrangee aims to be the most trustworthy physical as well as online convenience store across India.

Is Vakrangee Kendras exclusive?

Vakrangee Kendras have undergone a major transformation over the years. From being non-exclusive stores offering a single line of services, these have evolved into multi-specialty, exclusive store s with a multi-line of services, with an enviable presence in the marketplace.

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