Under the agreement, Vakrangee will offer a range of general insurance products, including health, motor, home and travel insurance through its outlets across the country. The company said the partnership will leverage its widespread Kendra network to expand access to insurance services, particularly in rural, semi-urban and underpenetrated regions.
Vakrangee Kendras will cater to customers across retail, rural, SME and corporate segments, enabling broader reach for insurance offerings and improving last-mile service delivery. Bajaj General Insurance Ltd, formerly known as Bajaj Allianz General Insurance Company Ltd, will provide a suite of insurance products under the arrangement.
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Vedant Nandwana, Managing Director, Vakrangee Ltd, said, “We are pleased to collaborate with Bajaj General Insurance Company Limited, a well-established and respected player in the general insurance industry. This strategic engagement reinforces our efforts to deepen the reach of essential financial services across India.
Through our extensive network, we aim to bridge the accessibility gap and enable millions of customers— especially in rural and remote locations—to avail a wide range of general insurance solutions in a seamless manner.”
Vakrangee Kendras operate as exclusive branded outlets providing an integrated suite of services, including banking, insurance, ATM services, assisted e-commerce, e-governance, and healthcare solutions.
Shares of Vakrangee Limited ended at ₹5.71, down by ₹0.100, or 1.72%, on the BSE.
Also Read: RBI extends Vakrangee’s authorisation to operate White Label ATMs until March 2026
(Edited by : Jomy Jos Pullokaran)
