STRATEGY UPDATE - DIGITAL BANKING
Vakrangee
सशक्त परिवर्तन
RESULTS PERFORMANCE UPDATE
Strong Growth witnessed during Q4 FY2022 & Full Year FY2022 : Positive
Witnessed strong Financial & Operational growth. Return to normalcy on the business front as E-commerce, Online
Healthcare and other Financial services have become operational.
Strong growth witnessed in Revenues due to increase in Number of outlets on a YoY basis as well as services
becoming operational.
Focus on New Verticals: Neo-Banking including Demat and Stock Trading Services, Digital Healthcare (eHealth)
With a strong Physical as well as Digital eco-system in place till the last mile, Vakrangee is well placed to transition
into Neo-banking segment.
Launched a successful pilot for Digital healthcare services across 1,000+ outlets in Q4 FY2021-22. Registered a 700%+
growth on MoM basis during the said quarter.
Launched a successful pilot for Demat services across 3,500+ outlets in Q4 FY2021-22.
Planned Target for Future Growth: To Focus on Market Expansion & strengthen First Mover Advantage
Aligned our Strategy with one of the Existing Service partner to expand our presence across the country in every Gram
Panchayat level.
To Fast pace our strategy and capture market to achieve our Long Term targets well ahead of targeted timelines
through :-
Launching Additional Franchisee incentive schemes through re-investing cash flows which would lead to quick
payback for them as well as drive strong franchisee interest.
Aggressive marketing on Pan India basis which would result in to Higher lead funnel for Franchisee acquisition.
Near Term Profitability may get impacted as we re-invest our Operational cash flows for enhancing Franchisee
incentives and increase our marketing spends. However, this strategic initiative shall lead to significant growth
in profitability in the long run.
Plan to achieve our Long Term Outlet expansion Target of 75,000 Next-Gen outlets within the next 12 -18 Months.
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