Vakrangee Ltd partners with EDUSAKSHAM for e-Learning Solution Services

Vakrangee Limited (VL) announces alliance with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer Online Tuition/Live classes by expert teachers, e-Learning courses, practice and Assessment based modules to the customers under highly emerging sector of online education domain.

Nextgen Vakrangee Kendras exclusively offer a comprehensive range of products and services across banking, insurance, ATM, Assisted e-Commerce, e-Governance and logistics. With 70% of its Nextgen outlets in Tier-5 and 6 towns, Vakrangee will enable e-learning service to students who can easily avail advanced tailor-made e-Learning solution offering through our Kendra. The online education facility shall be made available to its customers in the most remote and hitherto unserved/underserved parts of the country.

Commenting on this partnership, Mr. Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd. said, "We are happy to partner with EDUSAKSHAM to facilitate our customers with much needed e-Learning services in both urban as well rural remote areas. With this partnership, we have strategically added bouquet of education e-Learning services at our Nextgen Kendras making them into one stop shop for all the e-Learning requirements of our customers. This tie-up shall help students especially in the unserved and underserved rural locations to fulfil their desire to reach to greater knowledge building through e-Learning services. We aim to cover wide range of students from Class 1st to 12th along-with professional competitive examinations i.e. JEE and NEET."

This tie-up further expands our bouquet of services available to citizens through Vakrangee Kendras. Vakrangee currently has ~11,700 Nextgen Vakrangee Kendras spread across 27 States & UTs, 510+ districts and 4,850+ postal codes. More than 70% of these outlets are in Tier 5 and 6 towns. Vakrangee's planned target is to reach at least 25,000 Nextgen Vakrangee Kendras by FY 2021-22 and further enhance it to reach 75,000 Nextgen outlets by FY 2024-25.

Shares of Vakrangee Limited was last trading in BSE at Rs.42 as compared to the previous close of Rs. 42.95. The total number of shares traded during the day was 446770 in over 3294 trades.

The stock hit an intraday high of Rs. 43.4 and intraday low of 41.8. The net turnover during the day was Rs. 19006931.

Source : Equity Bulls

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