Vakrangee is a unique technology-driven company focused on building India’s largest network of last-mile retail outlets to deliver real-time banking, insurance, ATM, e-governance, e-commerce and logistics services. The company is one of the main beneficiaries of the government’s financial inclusion drive. It has more than 44,200 Vakrangee Kendras across 17 plus states. The company forecasts that its store or kendra revenue and EBITDA will triple over FY2017-20E from doubling of Kendras to 75,000. Vakrangee’s outlet expansion move is a new business opportunity for signage companies engaging in in-store designs, displays and such activities.
