GRANT THORNTON RELEASES INTERIM SURVEY REPORT
ON NEXTGEN VAKRANGEE KENDRA
Chennai: Vakrangee
had appointed M/s. Grant Thornton India LLP as consultant to carry Outlet
Quality Analysis of NextgenVakrangee Kendra to ensure standardization referring
to the look and feel of the outlet, availability of the services andvalidating
customer and franchisee satisfaction index.
The engagement with Grant Thornton is to
conduct an independent physical survey of the current and upcoming Next Gen
Vakrangee Kendra outlets in the country.
The key objectives of the survey are as
follows:
·
Ensure
the Physical availability of the kendras as per coordinates shared by Vakrangee
·
Confirm
exclusive service availability in each Kendra
·
Compliance
to the standard branding guidelines
·
Draw
inference of Franchisee satisfaction and Customer satisfaction
After conducting
the physical survey of MMR & NCR Region Next Gen VakrangeeKendras
GrantThornton has determined the following:
·
The
branding and compliance of the Kendra has been strictly followed by the
·
Taking
the concept of standardized look and feel to the last mile will surely increase the curiosity of citizens to visit the Kendras and avail its services.
·
Vakrangee
Ltd. is adhering to its brand philosophy of “AbpooriduniyaPados Mein”, by ensuring the availability of all services.
·
Banking
and ATM is unanimously the most utilized service, this means more focus should be given to e-Commerce and e-Governance services which will drive true business sense for a Vakrangee Franchisee owner.
·
Vakrangee
should also focus on upgrading the skill sets of franchisee executive.Complete
knowledge of product will help the franchisee exhibit services in an efficient manner.
·
Kendras
our becoming popular among citizens as Larger time frame of service availability has facilitated them to visit the Kendra s beyond the working hours.
Please
see below the link for the interim survey report of Grant Thornton (GT) for
your kind
perusal.
Vakrangee Limited
(BSE Code: 511431; NSE Code: VAKRANGEE)Incorporated in 1990, Vakrangee is the
unique technology driven company focused on building India'slargest network of
last-mile retail outlets to deliver real-time banking & Financial Services,
ATM,insurance, egovernance, e-commerce and logistics services to the unserved
rural, semi-urban and urban markets. The Assisted Digital Convenience stores
are called as “Vakrangee Kendra” which acts as the“One-stop shop” for availing
various services and products. Vakrangee is currently operating more than45,000
“Vakrangee Kendra” outlets across India. The company has plans to setup and
manage a total of75,000 “NextgenVakrangee Kendra” outlets across India by 2020
and covering the presence in all Postalcode of the country. Vakrangee has been
at the forefront in financial inclusion space in India. It hassigned “Common
BC” and “National BC” agreements with various public sector banks for offering
realtimebanking to unserved and underserved rurban population. Banking at “Vakrangee
Kendra” outlets isa unique experience with disruptive technology like APS,
e-KYC, inter-operability and real-timetransactions. In addition to banking
“Vakrangee Kendra” outlets also provide insurance products, egovernanceservices
and ecommerce products.
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further media information,please contact:
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