Vakrangee ties up with Choice Equity Broking for online trading services
Vakrangee Limited, an India-based technology-driven company, has joined forces with Choice Equity Broking Private Limited to provide comprehensive online trading services across its platform through its physical network as well as a digital app.
According to Vakrangee, the partnership will provide a range of financial solutions to clients across India. The company further said that the tie-up will give its partner access to the vast customer base and the network it has to tap the untapped market as well as diversify its base.
Vakrangee by using its Nextgen Kendras and BharatEasy Mobile Super app will offer a variety of online trading services to remote regions in the nation, considering that 70% of the outlets are in Tier-5 and 6 towns.
Furthermore, the Nextgen Vakrangee Kendras exclusively offer a full selection of services and products that include insurance, banking ATM, assisted e-commerce and logistics, as well as e-governance.
Through its Jiffy Trading app, Choice Equity Broking offers key services like equity trading, trading of derivatives, currency, and trading of commodities.
Dinesh Nandwana — Managing Director and Group CEO of Vakrangee said: “In order to evolve as a vibrant organization matching customer expectations with various innovative banking and financial products, Vakrangee is now launching on-line trading facility through Jiffy Trading App by Choice Equity. Our partnership strengthens and enhances Vakrangee reach to provide comprehensive Finance solutions to a widespread customer base.
“Our endeavor is to provide the best of products and services to customers in both urban as well as rural remote areas. We are extremely excited with our partnership with Choice which gives us a big opportunity to bring value to the customers. This alliance will further boost our strategy of expanding the bouquet of services available at our exclusive Nextgen Vakrangee Kendras.”
Presently, Vakrangee has close to 13,200 Nextgen Vakrangee Kendras in 28 states and union territories, over 560 districts, and more than 4,860 postal codes.
Earlier this month, Vakrangee partners with Corival Life Sciences to provides a full range of Ayurvedic and herbal products and also access to a variety of nutraceuticals healthcare, Ayurvedic, herbal, dietary supplements for customers in remote areas of India