Vakrangee Digital Ventures Ltd ties up with Allianz Partners

Vakrangee Digital Ventures Limited (100% Subsidiary of Vakrangee Ltd) has tied up with Allianz Partners (AWP Assistance (India) Private Limited), a world leader in insurance and assistance services to offer a combination of Assisted healthcare services to the unserved and underserved population of India.

Allianz Partners provides a wide range of comprehensive healthcare solutions which aims to provide the 360 degree protection including health insurance for hospitalization expenses.

These healthcare plans include:

- 24*7 Doctor Tele / Video consultation
- Specialist consultation
- Full Body Check-up through Blood test Package
- Pharmacy vouchers
- Diet Consultation & Psychological Consultation
- Preventive health checkup
- Health insurance for hospitalization expenses.

Under this partnership, Vakrangee through its Nextgen physical Kendras and BharatEasy Mobile Superapp will now be able to provide comprehensive healthcare services in remote areas of the country. With 84% of Vakrangee Kendra outlets in Tier-4 and 6 towns, Vakrangee will offer these healthcare services to the communities in the unserved/underserved parts of the country. The customers will also be able to avail various discount offers and get significant savings on their purchases of healthcare products.

Commenting on this partnership, Mr. Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd. said, "We are happy to partner with Allianz Partners to offer our customers assisted total healthcare services in underserved rural locations in a very cost-effective manner. With this partnership, we have strategically added a complete bouquet of healthcare services at our Nextgen Kendras & BharatEasy Mobile App making them into a one-stop for all the healthcare requirements of our customers.

He added, we're set to transform and revolutionize the way healthcare is delivered across rural India. The service is set to give patients in rural locations a very different experience when they see a doctor, to listen to their concerns, and do a virtual tele / video consultation. We shall also be able to arrange home blood tests, doorstep delivery of medicines through Allianz partner network. With this partnership, we have expanded the bouquet of services available at our exclusive Nextgen Vakrangee Kendras making them into one stop shop for all the requirements of our customers."

Commenting on this partnership, Ms. Charu Kaushal, CEO, Allianz Partners India said, "We are delighted to partner with Vakrangee to provide our Healthcare Assistance & Insurance services to their customers. Leveraging on our strong local network, international experience and operational efficiency, we would offer our vast array of services to the customers of Vakrangee which will enable them to experience best in class services at a very affordable prices. We sincerely hope that these services will provide additional benefits and convenience to the people in rural India and motivate us to provide more such beneficial products and services in near future."

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 22,042 Nextgen Vakrangee Kendras spread across 32 States & UTs, 564 districts and 5,510 postal codes. 84% of these outlets are in Tier 4 and 6 towns.

Our franchisees in remote areas of the country can now enhance their revenue stream by offering healthcare products & 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 needs. We are aspiring to be the most trustworthy physical as well as online convenience store across India and positively moving towards Vakrangee Kendra's new brand philosophy of 'AB Poori Duniya Pados Mein'.

Shares of Vakrangee Limited was last trading in BSE at Rs. 29.60 as compared to the previous close of Rs. 30.25. The total number of shares traded during the day was 359609 in over 1544 trades.

The stock hit an intraday high of Rs. 30.45 and intraday low of 29.50. The net turnover during the day was Rs. 10720950.00.

Source : Equity Bulls

Keywords

Vakrangee INE051B01021 VakrangeeDigitalVentures TieUp AllianzPartners AssistedHealthcareServices