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Vortex signed a Service Level Agreement with UCO Bank for the supply, installation, and maintenance of 300 new ATM machines

This action is based on deficiencies in regulatory compliance

The partnership aims to offer a comprehensive suite of loan products through its extensive network of Vakrangee Kendras across the country

Under this partnership, Vakrangee will now be able to provide banking services across Pan India, further strengthening the financial inclusion drive in the country

The collaboration is focused on driving insurance penetration in underserved rural and semi-urban areas, where access to such financial protection remains limited

The company will leverage its Vakrangee kendra Franchisee as well as Master Franchisee network for distribution

This association will enable Vakrangee to allow its customers to get access to cement products in the most remote parts of the country

The validity has been extended till March 31, 2024

This partnership aims to offer Tata AIG comprehensive range of General insurance products across Vakrangee Kendra network

Vakrangee has emerged as one of the leading Financial Inclusion player with more than 14,000 Banking BC points

Total consolidated income of the company increased by 46.61% at Rs 227.89 crore for Q1FY23

Upon the successful completion of this pilot, the company will scale the initiative to a pan-India level

This development underpins Vakrangee’s commitment and investment in the ATM business vertical

EUC consists of a multi-screen Cinema integrated with a utility service area, a retail store and a cafeteria managed/overviewed by NCPL

The agreement is for offering Subscription based OTT Plans through Vakrangee Kendra networks

The company has entered into a binding term sheet with IFC on September 12, 2023 for the same

The validity has been extended till March 31, 2025

Star Health’s insurance products will now be available across Vakrangee’s 21,900+ Kendras, covering urban, semi-urban, and rural areas

Earlier the Company had signed Binding term sheet with IFC in relation to acquisition of 8.8% stake in Vortex Engineering

This alliance will enhance rural banking infrastructure, ensuring seamless access to essential financial services in the remotest and most underserved areas

This tie-up with Karnataka Bank would ensure High Scalability, faster on-boarding and activation of Banking BC point services

The agreement is for offering Banking Services through Vakrangee Kendra networks

This partnership marks a significant step in advancing financial inclusion and addressing the insurance protection gap

The company has already received over 465 new applications for setting up new ATM, reflecting strong demand and confidence in its ATM expansion initiative

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

This strategic collaboration aims to expand the reach of comprehensive health insurance solutions across the extensive Vakrangee Kendra network

This collaboration will enable Vakrangee Kendras, located across underserved and unserved areas, to offer a wide range of life insurance products

Customer will be able to buy refurbished smart phone as well as mobile accessories at Best Prices along with assured quality and warranty through Vakrangee Kendra outlets

This partnership aims to provide easy access to comprehensive general insurance products through Vakrangee Kendra network across the Country