Vakrangee has partnered with TSI Yatra Private Limited to offer assisted online travel services. Following this, the company launched the full package of travel services on its platform and implemented services such as domestic / international flight bookings across its network of over 11,900+ Nextgen Vakrangee Kendra.
Through this, the company intends to provide digital travel services in the most remote areas of the country at the most competitive prices, as well as to provide its business partners with unmatched reach in the unserved regions of the country and access to a unique and untapped clientele.
Dinesh Nandwana, Group Managing Director and CEO, Vakrangee Ltd. said, “We are happy to launch and bring air transport services to life for our customers in remote areas. With this partnership with TSI Yatra Limited, we have expanded the package of travel services available in our exclusive Nextgen Vakrangee Kendras, making them a one-stop-shop for all of our clients’ travel requirements. This merger completes our entire online assisted travel service offering. “
Nandwana added, “Currently we are providing this service from our existing physical network of Nextgen Vakrangee Kendras outlets. the comfort of their home.
Akash Poddar, COO, TSI Yatra Pvt. Ltd said: “We are delighted to join forces with a strong and capable partner like Vakrangee on this important journey. Our partnership will help us extend our service reach far beyond urban centers and into the most rural and unserved areas of the country, providing access to a full suite of travel services.
In accordance with the regulatory filing, this merger completes our entire range of online assisted travel services. Vakrangee said: “We now offer a full package of travel services, from bus tickets and train ticket reservations to domestic / international flights. We will also be able to offer hotel reservations, personalized travel and vacation packages. “
This partnership further expands our range of services offered to citizens through Vakrangee Kendras. Vakrangee currently has approximately 11,900 Nextgen Vakrangee Kendras spread across 27 states and UTs, over 520 districts and over 4,620 postcodes. Over 70% of these outlets are located in Tier 5 and 6 cities. Vakrangee’s planned target is to reach at least 25,000 Nextgen Vakrangee Kendras by FY 2022 and further improve it to reach 75,000 Nextgen points of sale by fiscal year 2026.
The company has teamed up with reputable partners spanning banking, ATMs, insurance, financial services, e-commerce, e-governance and logistics industries to provide its customers with the best services and products.
Nextgen Vakrangee Kendras exclusively offers a full range of products and services in the areas of banking, insurance, ATMs, assisted e-commerce, e-governance and logistics. With 70% of its Nextgen outlets in Tier 5 and 6 cities, Vakrangee will provide its customers with flight and hotel reservation services in the most remote and so far unserved areas / underserved in the country.
Around 12 noon, Vakrangee is trading at Rs31.25 per coin, down nearly 1% on Sensex.