Awards & Recognition

Vakrangee has been recognized by Sustainalytics as an ESG Global 50 Top Rated company.

Vakrangee Limited has been identified as a top ESG performer out of more than 4,000 comprehensive companies that Sustainalytics cover in the global universe. In 2022.

Vakrangee has been recognized by Sustainalytics as an ESG Global 50 Top Rated company.

Leadership in Data Privacy and Security

Vakrangee has been awarded ESG India Leadership Award 2021 for the Category - “Leadership in Data Privacy and Security” organised by ESGRisk.ai, India’s first ESG rating company.

We prioritize the trust of all our stakeholders and employees, and place strong emphasis on data privacy and security.

India’s Top 100 Franchisees

Vakrangee has been Ranked amongst Top 100 Franchisee Opportunities for the year 2021.

The above is the Certificate of Achievement for being ranked among the Top-100 franchise brands for the year 2021 in The Franchising World’s annual survey.

India’s Top 100 Franchisees

The Franchisee Magazine has identified Vakrangee in the ‘India’s Top 100 Franchisees’ list. Vakrangee’s strong and vast network helps the Company to step in the Top 100 Franchisees list. Launched with a vision to take digital convenience to rural parts of India, Vakrangee is on its way to build the world’s largest rural retail network.

The assisted digital convenience store is called ‘Nextgen Vakrangee Kendra’, which acts as a one-stop shop for availing various services and products. Currently, Vakrangee has over 21,000 Nextgen outlets of which 8,500 outlets are operational and over 12,500 outlets are under on-boarding process. These outlets are spread across 29 states and UTs, 500+ districts and 5,800+ postal codes. More than 70% of these outlets are in Tier V and VI towns.

Commenting on being nominated in the list, Mr Dinesh Nandwana, MD and Group CEO, said “We endeavour to bridge the financial and social inclusion gap between the developed urban India and the under-developed rural India with our brand philosophy of ‘Ab Poori Duniya Pados Mein’.”

Guinness World Record

Vakrangee celebrated its feat of becoming the GUINNESS WORLD RECORDS title holder for the Most Stores launched simultaneously. The Company announced that it has entered the GUINNESS WORLD RECORDS by opening 1,107 stores at 11:07 am on January 14, 2019. This is the highest number of stores opened anywhere in the world. It achieved this by beating the existing GUINNESS WORLD RECORDS title of Most stores launched simultaneously of 505 stores on October 29, 2018 held by Xiaomi Technology India Private Limited.

These 1,107 stores were part of the 3,300+ Nextgen Vakrangee Kendras which were launched on January 14, 2019. These Nextgen stores offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance, Financial services and Logistics. These Nextgen outlets are spread across 19 states, 350+ districts and 2,000+ postal codes of the country, out of which more than 70% outlets are from Tier 5 and Tier 6 cities.

Commenting on the remarkable victory, Mr Dinesh Nandwana, Founder Promoter & Executive Chairman, said “We are honoured and excited to receive this certification from GUINNESS WORLD RECORDS. This global recognition is a validation of our belief and commitment to the transformation agenda to the Nextgen Vakrangee Kendras. This record-breaking feat also showcases capability of our extended family of Vakrangee employees, franchise partners and vendor associates.”

Financial Services Retailer of the Year

Vakrangee was awarded as the best ‘Financial Services Retailer of the Year’ at the Indian Retail Awards 2019 on April 30, 2019 in New Delhi. This award recognises company’s Nextgen Vakrangee Kendras’ growth and customer satisfaction in 2018-19.

The objective of the Indian Retail Awards is to recognize the Retailers who are closing the gap between operational reality and consumer expectations with great retailing practices. These practices include amongst others, promoting and motivating last mile distribution and delivery in retail and highlight new innovation and leadership in Indian retail world. These reputable and most respected awards in the retail world are hosted by Franchise India Holdings Limited, which is Asia’s largest integrated franchise solution company since 1999, and publishers of The Franchising World Magazine, India’s most comprehensive end-toend business and franchise magazine and the Retailer Magazine, the first retail opportunity magazine in the country which essentially focuses on Indian and International retailing whilst providing a consumer perspective.

Commenting on receiving the award, Mr Anil Khanna said “We are proud and honoured to receive this prestigious award. We believe this award is a ratification of our Nextgen Vakrangee Kendra business model. While this award recognises our excellence in Financial Services, these Nextgen outlets also offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce (online shopping), e-Governance, Financial services and Logistics. We thank the extended Vakrangee family including our employees, business and our Franchisee partners to making this distinguished recognition a reality.”