Country for PR: India
Contributor: PR Newswire Europe
Tuesday, February 05 2019 - 00:52
AsiaNet
Vakrangee Makes History by Setting GUINNESS WORLD RECORDS Title for the Most Stores Launched Simultaneously on 14th January 2019
MUMBAI, India , Feb. 4, 2019/PRNewswire-AsiaNet/ --

- Launches 1107 Nextgen Vakrangee kendra stores across the country at the same 
time on the same day 

- Overall, the Company launched 3,300+ stores

    Today, Vakrangee celebrates their latest feat of becoming the GUINNESS 
WORLD RECORDS title holder for the Most stores launched simultaneously. 
Vakrangee has 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 Pvt. Ltd.

    GUINNESS WORLD RECORD[TM] Ceremony Photograph: 
https://vakrangee.in/gallery4.php?id=156

    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 same, Mr. Dinesh Nandwana, Founder Promoter & Executive 
Chairman, Vakrangee Ltd. said, "We are honored 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."

    Vakrangee's planned target is to reach at least 25,000 operational outlets 
by FY 2019-20 and further enhance it to reach 45,000 outlets by FY 2020-21 and 
75,000 by FY 2021-22.

    Commenting on the same, Mr. Swapnil Dangarikar, Official Adjudicator, 
GUINNESS WORLD RECORDS, said, "We are delighted that Vakrangee have created a 
new world record by opening Most stores launched simultaneously. All outlets 
were collectively inaugurated at sharp 11.07 AM on 14th January 2019."

    "It is an honor to present Vakrangee Limited a certificate for achieving a 
GUINNESS WORLD RECORDS title. I am excited to announce that they are now 
Officially Amazing[TM]," he added.

    About Vakrangee Limited (BSE Code: 511431) (NSE Code: VAKRANGEE)

    Incorporated in 1990, Vakrangee is the unique technology driven company 
focused on building India's largest network of last-mile retail outlets to 
deliver real-time banking & financial services, ATM, insurance, e-governance, 
e-commerce and logistics services to the unserved markets. The Assisted Digital 
Convenience stores are called as 'Vakrangee Kendra' which acts as the 'One-stop 
shop' for availing various services and products. Vakrangee has been at the 
forefront in financial inclusion space in India. It has signed 'Common BC' 
agreements with various public sector banks for offering real-time banking to 
unserved and underserved rurban population. In addition to banking, 'Vakrangee 
Kendra' outlets also provide insurance products, e-governance services and 
e-commerce products. For more info, visit www.vakrangee.in 
[http://www.vakrangee.in]

    Source: Vakrangee Limited
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