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Vakrangee Limited Regulatory Filings 2021

Jul 5, 2021

59251_rns_2021-07-05_9dfc927e-ebe5-4ffb-93ac-57b2b9232ac2.pdf

Regulatory Filings

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Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 2850 3412/+91 22 6776 5100 F: +91 22 28502017 | CIN: L65990MH1990PLC056669``

July 05, 2021

To, To, Bombay Stock Exchange Limited Corporate Relationship Department P.J. Towers, National Stock Exchange Limited Dalal Street, Fort, Exchange plaza, Bandra Kurla complex, Mumbai - 400 001. Bandra (E), Mumbai 400051

Sub: Intimation titled “ VAKRANGEE LIMITED PARTNERS WITH EDUSAKSHAM FOR e-LEARNING SOLUTION SERVICES”.

Dear Sir/Madam,

With reference to the above mentioned subject and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith intimation titled “VAKRANGEE LIMITED PARTNERS WITH EDUSAKSHAM FOR e-LEARNING SOLUTION SERVICES”.

This is for your information and record.

Thanking you,

Yours Faithfully,

For Vakrangee Limited

JAY MEHUL Digitally signed by JAY MEHUL BHANSALI BHANSALI Date: 2021.07.05 20:53:46 +05'30' Jay Bhansali Company Secretary (Mem. No.: A48251)

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VAKRANGEE LIMITED

INTIMATION

VAKRANGEE LIMITED PARTNERS WITH EDUSAKSHAM FOR e-LEARNING SOLUTION SERVICES

Mumbai, July 05, 2021: Vakrangee Limited (VL) announces alliance with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer Online Tuition/Live classes by expert teachers, e-Learning courses, practice and Assessment based modules to the customers under highly emerging sector of online education domain.

Nextgen Vakrangee Kendras exclusively offer a comprehensive range of products and services across banking, insurance, ATM, Assisted e-Commerce, e-Governance and logistics. With 70% of its Nextgen outlets in Tier-5 and 6 towns, Vakrangee will enable e-learning service to students who can easily avail advanced tailor-made e-Learning solution offering through our Kendra. The online education facility shall be made available to its customers in the most remote and hitherto unserved/underserved parts of the country.

Commenting on this partnership, Mr. Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd. said, “ We are happy to partner with EDUSAKSHAM to facilitate our customers with much needed e-Learning services in both urban as well rural remote areas. With this partnership, we have strategically added bouquet of education e-Learning services at our Nextgen Kendras making them into one stop shop for all the e-Learning requirements of our customers. This tie-up shall help students especially in the unserved and underserved rural locations to fulfil their desire to reach to greater knowledge building through e-Learning services. We aim to cover wide range of students from Class 1[st] to 12[th] along-with professional competitive examinations i.e. JEE and NEET .”

This tie-up further expands our bouquet of services available to citizens through Vakrangee Kendras. Vakrangee currently has ~11,700 Nextgen Vakrangee Kendras spread across 27 States & UTs, 510+ districts and 4,850+ postal codes. More than 70% of these outlets are in Tier 5 and 6 towns. Vakrangee's planned target is to reach at least 25,000 Nextgen Vakrangee Kendras by FY 2021-22 and further enhance it to reach 75,000 Nextgen outlets by FY 2024-25.

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 rural, semi-urban and urban markets. The Assisted Digital Convenience stores are called as “Vakrangee Kendra” which acts as the “One-stop shop” for availing various services and products.

About EduSaksham

EduSaksham is an e-learning initiative started by IIT Alumni in 2015. EduSaksham innovative products supplement school’s learning and help bring better learning outcome and performance of the students. The online module focuses on concept visualization with our well researched supplementary content which are curriculum based and promotes foundation learning for competitive exams.

EduSaksham platform and its high class product and services offerings help schools, teachers and students to diagnose problem areas, create automated reports and provide solutions for the identified gap for effective and improvised learning.

For further information, please contact at:

Email: [email protected]