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Vakrangee makes Guinness World Record with 1107 simultaneous store launches

It breaks Xiaomi’s 2018 record of 505 stores

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MUMBAI: Mumbai-based technology company Vakrangee, which connects India's rural citizens with its modern ecosystem through its retail network of Vakrangee Kendra, has entered the Guinness World Records by launching 1,107 stores at 11:07 am on 14 January 2019. It achieved this by beating the existing Guinness World Records title of ‘Most stores launched simultaneously’ of 505 stores held by Xiaomi Technology India Pvt Ltd, which it had made in 2018.

These 1,107 stores were part of the 3,300+ Nextgen Vakrangee Kendras which were launched on the same day. 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 per cent outlets are from tier 5 and tier 6 cities.

Commenting on the same, Vakrangee founder promoter and executive chairman Dinesh Nandwana said, “We are honoured and excited to receive this certification from Guiness 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 Nextgen Vakrangee Kendras by FY 2019-20 and further enhance it to reach 45,000 Nextgen outlets by FY 2020-21 and 75,000 by FY2021-22.

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