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Profile

Vakrangee Limited is an Indian technology-driven company founded in 1990. Initially, it was involved in the distribution of petroleum products, but later it transformed into a technology-driven company offering e-governance and financial services. The company has undergone significant changes in recent years and has shifted its focus from petroleum product distribution to a business model based on technology and digital solutions.

As of 2021, Vakrangee is primarily involved in offering digital services through its network of Vakrangee Kendras, which are essentially retail touchpoints that provide various services such as financial services, e-governance services, and a wide range of products and services.

Vakrangee has reported revenue of INR 10.36 billion for FY 2020-21 and a net loss of INR 3.54 billion. The company's major products and services by revenue include e-governance services, financial services, and retail products. The growth drivers for Vakrangee in the future are expected to be the increasing adoption of digital services and the growing demand for financial services in the country.

The company operates in a highly competitive market and its direct competitors include companies offering similar services and products such as Paytm, Amazon, and Flipkart. The industry analysis suggests that the market for digital services and financial services is expected to grow significantly in the coming years, providing opportunities for companies like Vakrangee to expand their business.

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