Vakrangee Joins the Elite League of GUINNESS WORLD RECORDS for Launching the Most Stores simultaneously on 14th January 2019

By siliconindia   |   Monday, 04 February 2019, 09:27 Hrs
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Launching 1107 stores at 11.07 AM on January 14, 2019 earned Vakrangee the Guiness World Record Title Holder for the most stores launches simultaneously. Their remarkable feat beat the existing Guinness World Records of 505 stores opened on October 29, 2018 by Xiaomi Technology. The nextgen stores offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, 350+ districts and 2,000+ postal codes of the country, out of which more than 70 percent outlets are from Tier 5 and Tier 6 cities.

Dinesh Nandwana, Founder Promoter & Executive Chairman, comments, “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”.

With an objective to  reach at least 25,000 operational Nextgen Vakrangree Kendras by FY 2019-20 and further enhance it to reach 45,000 Nextgen outlet by FY 2020-21 and 75,00 by FY 2021-22, it also incorporates technological advancements such as mandatory ATMs that enable the ease of financial transactions; centralized monitoring with the help of CCTV cameras which offer remote assistance to the pan-India Kendras, digital advertising through digital signage for brand partners, along with biometric and pin pad devices to enable all kind of payments mechanisms.

Congratulating Vakrangree on this feat, Swapnil Dangarikar, Official Adjudicator, Guinness World Records, says, “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”.

Started in 1990, Vakrangee is a unique technology driven company focused on building India’s largest network of last-mile retail outlets to offer real-time banking & financial services, ATM and more. It acts as the ‘One-stop shop’ for availing various services and products, thus it named as ‘Vakrangee Kendra’. With the latest technologies like APS, e-KYC, inter-operability and real-time transaction, banking at ‘VakrangeeKendra’ is an unique experience.

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