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Vakrangee launches complete Agri Services across its platform



Posted On : 2021-10-04 12:56:28( TIMEZONE : IST )

Vakrangee launches complete Agri Services across its platform

Vakrangee Limited (VL) has tied up with BigHaat Agro Private Limited to provide end to end Agri services, digital advisory as well as access to quality agri input products to the farmer community in the remotest part of the country. BigHaat is India's leading Agri Digital Platform transforming the agriculture value chain from pre-harvest to post-harvest leveraging science, data and technology. It is impacting millions of farmers across the country by providing accessibility of extensive range of high quality inputs, end to end crop guidance and market linkages for various commodities, thus offering 360 degree solution to farmers with a very unique approach.

Under this partnership, Vakrangee through its Nextgen Kendras and BharatEasy app will now be able to provide wide range of quality inputs such as seeds, pesticides, fertilizers, nutrients and farm implements by leveraging the power of data, science and technology in remote areas of the country. With 70% of Nextgen Vakrangee Kendra outlets in Tier-5 and 6 towns, Vakrangee will offer Agri services to the farmer community in the unserved / underserved parts of the country.

Vakrangee aims to drive efficiencies in the areas of distribution, marketing and operations of Agriculture value chain with data-driven business intelligence. Our data strategy along with our Partner BigHaat would enable various stakeholders of Agri value chain to come together and build end to end ecosystem for farming community and driving sustainable agriculture. Customers will get a quick and hassle-free Agri service experience and access to an end-to-end service delivery through Vakrangee Kendra outlets and BharatEasy mobile app.

Commenting on this partnership, Mr. Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd. said, "We are happy to partner with BigHaat to facilitate our customers with end-to-end Agri services in both urban as well as rural remote areas. We aim to digitise the agriculture inputs ecosystem and empower farmers in remotest parts of the country with access to high-quality agriculture inputs.

With this partnership, we have strategically added a complete bouquet of Agri care solutions at our Nextgen Kendras making them into a one-stop shop for all the Agri requirements of our customers.

He added, "Our franchisees in remote areas of the country can now enhance their revenue stream by offering Agri services too. We will continue to add more products and services and tie-up with leading business partners to offer our customers a one-stop solution to all their banking, insurance, ATM, financial services, assisted e-Commerce, e-Governance and logistics. We are aspiring to be the most trustworthy physical as well as online convenience store across India, positively moving towards Vakrangee Kendra's new brand philosophy of 'AB Poori Duniya Pados Mein'."

This tie-up further expands our bouquet of services available to citizens through Vakrangee Kendra. Nextgen Vakrangee Kendras exclusively offer a comprehensive range of products and services across banking, insurance, ATM, Assisted e-Commerce, e-Governance, and logistics. Vakrangee currently has ~11,900 Nextgen Vakrangee Kendras spread across 27 States & UTs, 520+ districts and 4,620+ postal codes. More than 70% of these outlets are in Tier 5 and 6 towns.

Shares of Vakrangee Limited was last trading in BSE at Rs. 40.2 as compared to the previous close of Rs. 40.5. The total number of shares traded during the day was 355791 in over 1505 trades.

The stock hit an intraday high of Rs. 40.5 and intraday low of 39.9. The net turnover during the day was Rs. 14264231.

Source : Equity Bulls

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