Vakrangee Kendra - Mainpuri (NPP)

Dear Valued Shareholders,

Our vision for the next few years is set to create the world’s largest franchisee-based distribution channel, offering a plethora of products and thousands of services to the largest under-served consumer market of India. Our aim is to become India’s largest consumption platform.

Vakrangee’s business model and growth plans are truly in sync with meeting this critical need of the nation. Our business model is specifically designed to cater to the requirements of the unserved and under-served sections in the society. 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. Through our ‘one stop shop’ outlets, we are making BFSI, ATM, e-commerce and logistics, that is all basic necessities accessible to the Indian citizens at their doorstep.

Our franchisee-based network is founded on an asset-light model, and we are adequately resourced to scale our network without the support of any new debt. We are leveraging on our efficient model to be the most trustworthy physical as well as online convenience store and financial service aggregator across India. As a debt-free company with a healthy balance sheet, running on an asset-light business model, your Company is comfortably placed to fund its expansion plans through its own accruals going forward.

I would like to take this opportunity to thank our shareholders and employees for their contribution and support. We also thank our franchisees and business partners for their perpetual support and faith in realising Vakrangee’s dream.

Your Sincerely,
Dinesh Nandawana
Managing Director & Group CEO