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Franchisee Opportunity to own World’s biggest E-mall Nextgen Vakrangee Kendra

Nextgen Vakrangee Kendra Vakrang… ·  · 2018-05-09This presentation (the “Presentation ... About Nextgen Vakrangee Kendra ... • Vakrangee Kendra at 500 IOCL outlets to be

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Franchisee Opportunity to own

World’s biggest E-mall

Nextgen Vakrangee

Kendra

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Disclaimer

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This presentation (the “Presentation”) has been prepared by Vakrangee Limited (“Vakrangee” or “VL” or the “Company”) solely for the information of interested franchisees for explaining the Vakrangee Kendra model and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published in whole or in part, for any purpose. The information contained in the Presentation has not been independently verified. No representation or warranty, express or implied, is made on the accuracy, fairness or completeness of the information presented or contained in the presentation. The financial data/forward looking statements relating to expected investment, working capital, earnings and expenses given in the presentation are only indicative and shall vary based on location/ demography/ price of equipment, materials, taxes, capability of the franchisee etc. and are subject to various business/ geographical, political risks and uncertainties that may cause actual results to differ materially from those that may be inferred to or being expressed in or implied by the presentation. The activation/ availability of Services and the timelines are dependent on the availability of equipment, connectivity and various approvals/serviceability/software/connectivity/activation from Business partners and their continued relationship with the Company. The availability/ activation of none of the services and the timelines are guaranteed/promised by the Company or its representatives. The contents of this Presentation may at any time be altered/ modified/ deleted/ changed as per the sole decision of the Company, without any prior intimation or consent. Such modification in the Presentation may have a direct/ indirect impact on the operation of the Vakrangee Kendra model and / or the franchisees. The franchisees agree and acknowledge that the Company shall have the sole right/ authority to make any such modification to the content of this Presentation at its sole discretion, without having any liability/ obligation towards the franchisees in any manner whatsoever. Attendees/ Readers of this Presentation should not construe the contents of the Presentation or any prior or subsequent communication from or by the Company or its representatives as an investment proposal or legal/ financial advice and should make their own evaluation/ judgement regarding accuracy, relevancy and adequacy of the information provided throughout this Presentation and take necessary advice from their financial advisors before taking any decision based on this presentation. Neither the Company nor any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss, howsoever, arising from any action or decision based on the information presented, inferred, implied or contained in this Presentation.

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Contents

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About Vakrangee

About Nextgen Vakrangee Kendra

Nextgen Vakrangee Kendra – Business Model

Nextgen Vakrangee Kendra - Selection Process, Operations and Marketing Support

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About Vakrangee

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Vakrangee is a technology-driven company, focussing on creating India’s largest network of last-mile retail outlets. We have emerged as a “One Stop Shop” convenience store providing a variety of services such as Banking, Insurance, ATM, E-Governance, E-Commerce and Logistics. “Vakrangee aims to be the most trustworthy Physical as well as online convenience-store across India.”

44,000+ Kendra*

3rd Largest Franchisee Chain in the world

25+ Years

Founded in the year 1990, Vakrangee has 25+ years

of service excellence

Debt Free Company

Debt free Company with Sound Financials

About Vakrangee:

*As on 1st Jan, 2018

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Vakrangee: Strategic tie up with Indian Oil Corporation Ltd.

• Plan to set up Vakrangee Kendra in more than 20,000 IOC Retail Outlets (Filling/Gas Station) located in Pan India. (IOCL has more than 25,000+ Retail Outlets)

• Vakrangee Kendra at 500 IOCL outlets to be operational by 30th June, 2018

• As on 31st March, 2018, 250+ Kendras already set up at IOCL outlets

20,000 Vakrangee Kendras to be opened at IOCL outlets

Udaipur, Rajasthan Mumbai, Maharashtra

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Vakrangee: Backed by Globally Renowned Firms

Management Consultant Marketing Consultant

Store Branding Consultants Management Consultant

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Vakrangee: Roadmap

Marching towards Vision 2025

On course to achieve Vision 2020 (launched in the year 2015)

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Vakrangee Kendra: Our Presence

Vakrangee Kendra Presence

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Vakrangee Kendra: Our Evolution

PHASE 1 : KIRANA STORE MODEL PHASE 2 : E-MITRA MODEL

Services Offered : • E-Governance

Services Offered : • E-Governance

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Vakrangee Kendra: Our Evolution

PHASE 3 : BANKING BC POINT MODEL PHASE 4 : MULTI-SPECIALITY STORE MODEL

Services Offered : • E-Governance • Banking

Services Offered : • E-Governance • Banking • E-Commerce

• Insurance • ATM (Optional)

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Vakrangee Kendra: Our Evolution

PHASE 5 : NEXTGEN KENDRA MODEL – DIGITAL CONVENIENCE STORE

Services Offered : • E-Governance • Banking • E-Commerce

• Insurance • ATM (Mandatory) • Logistics

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About Nextgen Vakrangee Kendra

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Nextgen Vakrangee Kendra Model: Exterior (ATM Mandatory)

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Vakrangee Kendra offers a broad spectrum of services across different sectors to offer a

“One Stop Shop” solution for its customers

Banking & Financial Services

ATM (Mandatory)

Insurance

Logistics

Nextgen Vakrangee Kendra: Services Overview

E-Commerce

E-Governance

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E-Governance Railway Ticket E-Booking with IRCTC

All Type of Bill Payment Services with BBPS

Other E-Governance services wherever available

Nextgen Vakrangee Kendra: E-Governance Services

Pull based & Necessary Services – Services like Railway Ticket e-booking and bill payments services are highly popular need based services.

Creates Trust - High visibility of service, hence building trust within citizens towards the Kendra

Benefits

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Recognition by RBI as a Banking outlet (with certain conditions), hence highly reputable service to increase your goodwill in the market.

Increased Brand value due to Loan Products, creating visibility as a banker of the area

Real Time, Interoperable & Paperless Banking services – Most technologically advanced mode of Banking which provides ease of transactions to customers

High revenue opportunity: Since, the outlet is operational for extended working hours, citizens prefer banking at the outlet as per their convenience

Benefits

Nextgen Vakrangee Kendra: Banking Services

Banking Lead generation/ Documentation for Loans

Credit Cards lead generation and documentation

Social Security Schemes such as Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Yojana, Suraksha Bima Yojana

Account Opening, Cash withdrawal & Deposits, Fund and money Transfer, IMPS

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Nextgen Vakrangee Kendra: E-Commerce Services

Zero Inventory Model - No investment to maintain stocks of varied products Biggest E-Mall for Products - Wide range of products: Availability of 15 Cr+

products under Amazon Low Ticket Gold Products - Addressing the need to purchase Gold on EMI Fast moving services like mobile & DTH recharge and bus ticket booking,

which increases customer footfall

Benefits

Assisted E-Commerce

Assisted e-Services

Mobile/DTH Recharge, Reliance Jio connection

Bus Ticket booking with RedBus

Assisted e-Shopping

Over 15 crore products on Amazon

Gold jewellery and gold coin for Augmont

Mobile handsets of Reliance Jio & other brands

Pharmacy products of Netmeds

Wholesale/Bulk Sale of products to retailers (B2B) to be added

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Insurance Life Insurance

General Insurance (Motor / Vehicle / Travel etc.)

Health Insurance

Nextgen Vakrangee Kendra: Insurance Services

Huge Untapped Opportunity: Life Insurance penetration in India is less than 3% 70% of two wheelers are not insured in India, giving this service

can get good revenues for the franchisee Less than 20% people in India are covered under Health

Insurance schemes, therefore distribution of this service can be a good revenue channel for franchisee

Benefits

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ATM Financial Transaction - Cash Withdrawal

Non Financial Transactions - such as Balance enquiry, Pin change, mini statement, Fund transfer

Value added Services -Aadhar Seeding, Statement Request, Card to Card Funds Transfer, Cheque Book Request, Mobile Banking Registration

Nextgen Vakrangee Kendra: ATM Services

WLA License

Sr. No. Operating Cost Vakrangee Peers

1 Rent Expense X

2 Civil Work & Interiors

3 Internet Connectivity

4 Cash Management Charges X

5 ATM Operational Costs

6 Security Guard X

Benefits of Vakrangee ATMs Over Other Players

ATM increases the credibility of the outlet Self cash loading model ensure better availability of cash Low cost business model with excellent returns

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Logistics Courier Booking Services

Delivery Services

Reverse Logistics Services

Store Pickup Services

Nextgen Vakrangee Kendra: Logistics Services

Benefit of Courier Booking services - Additional business revenue Stream. Hassle free, no cost operations as the shipments are delivered and picked up directly from Kendra

Access to Best in Class Technology Platform - Highly innovative platform giving real-time tracking of shipment movement & activity status giving full control of operations to franchisee

Get Captive Business from reputed partners – Globally reputed partners like FedEx, Aramex, and Delhivery

Benefits

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Financial and Other Services

Lead generation for Loan Products for NBFCs – Consumer, Housing, SME Loans to be added

Distribution of Mutual Fund products to be added

Nextgen Vakrangee Kendra: Financial and other Services

Creates respect – Ability to provide access to loan products create respect and credibility to the outlet

Benefits

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Internet Connectivity

• Seamless connectivity through V-SAT or Broadband Internet

Power Supply

• Designed to operate 4 hours on battery backup in case of power failure

Security Specifications

• Defined User Policy -Authentication required for each and every user of the server; Secured and safe transactions

• Technology platform integrated with CBS of various banks, delivering real-time & interoperable banking access

• Biometric authentication enabling quick KYC and paper less banking

• integration with all partner systems across E-Commerce, E-Governance, Insurance and Logistics

• Technical Support Available - Resources at block level trained to handle day-to-day IT glitches and troubleshooting

Technology

Internet Connectivity

Vakrangee Kendra

Management System

Customer

Nextgen Vakrangee Kendra: Technology Setup

BANK SETTLEMENT ACCOUNT

VAKRANGEE WALLET ACCOUNT

ATM SETTLEMENT ACCOUNT

ACCOUNTS TO BE MAINTAINED FOR REAL TIME SETTLEMENT

BANK – CORE BANKING SERVER

ALL PARTNER SYSTEMS – E-Commerce, E-Governance, INSURANCE & LOGISTICS

Vakrangee Kendra

SERVICES PROVIDED THROUGH REAL TIME INTEGRATION WITH PARTNER SYSTEMS

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Nextgen Vakrangee Kendra

Business Model

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Nextgen Vakrangee Kendra: Silver and Gold Model

Silver Kendra Gold Kendra

Franchisees can select the model based on the business potential in his/her location and his/her capacity to invest.

Gold model will allow more flexibility in operations and expansion of services whereas the Silver model will be good for less populated locations.

Minimum Area of 200 sq. ft. Two counters and ATM

Minimum Area of 300 sq. ft. Four counters, Owner Desk and ATM

1 2

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Nextgen Vakrangee Kendra: Silver Model Look and Feel

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Nextgen Vakrangee Kendra: Silver Counter and Services

Operator 1 – Banking Counter

• Lead generation/ Documentation for Loans

• Credit Cards lead generation and documentation

• Social Security Schemes such as Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Yojana, Suraksha Bima Yojana

• Account Opening, Cash withdrawal & Deposits, Fund and money Transfer, IMPS

Franchisee/ Owner – Other Services Counter

• E-Commerce services

• E-Governance services

• Insurance services

• Financial and Other services

• Logistics services

ATM

• Cash Withdrawal

• Balance enquiry, Pin change, etc.

• Value added Services -Aadhar Seeding, Statement Request, Card to Card Funds Transfer, Cheque Book Request, Mobile Banking Registration

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Nextgen Vakrangee Kendra: Gold Model Look and Feel

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Nextgen Vakrangee Kendra: Gold Model Look and Feel

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Nextgen Vakrangee Kendra: Gold Counter and Services

Operator 1 – Banking Counter

• Lead generation/ Documentation for Loans

• Credit Cards lead generation and documentation

• Social Security Schemes such as Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Yojana, Suraksha Bima Yojana

• Account Opening, Cash withdrawal & Deposits, Fund and money Transfer, IMPS

Operator 2 – Insurance and Financial Services Counter

• Insurance services

• Financial services

Operator 3 – E-Governance and Other Services Counter

• E-Governance services

• Other services

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Nextgen Vakrangee Kendra: Gold Counter and Services

ATM

• Cash Withdrawal

• Balance enquiry, Pin change, etc.

• Value added Services -Aadhar Seeding, Statement Request, Card to Card Funds Transfer, Cheque Book Request, Mobile Banking Registration

Operator 4 – E-Commerce and Logistics Services Counter

• E-Commerce services

• Logistics services

Franchisee/ Owner Desk

• Owner

• Sales

• Customer Service

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Nextgen Vakrangee Kendra: Minimum Investment required by Franchisee

Estimated Capex Requirements (Rs. in lacs) (Rs. in lacs)

Total One Time Cost to be paid to Vakrangee for outlet equipment 1.11 1.75

Estimated Civil Work, Interior and Branding Cost 2.00 3.00

Estimated Operating expense for first 6 months 0.50 2.00

Total Initial CAPEX (Rs.) 3.61 Lacs (+GST & Freight Charges)

6.75 Lacs (+GST & Freight Charges)

Estimated Working Capital Requirements (Rs. in lacs) (Rs. in lacs)

Banking Settlement A/c 2.00 3.00

ATM Settlement A/c 2.00 4.00

Wallet for other services 1.00 2.00

Total Working Capital (Rs.) 5 Lacs 9 Lacs

The capex is based on minimum expected interiors and operating costs with 200 Sq. Ft. space for Silver and 300 Sq. Ft. space for Gold Model.

The working capital requirements mentioned above is based on minimum expected business and will increase with growth in business. Please also refer to the disclaimer clause given in the presentation.

There may be some new/ additional services that could require new/ additional equipment and the costs of which will be borne by the franchisee.

Minimum Investment Required (Rs.) 8.61 Lacs (+GST & Freight Charges)

15.75 Lacs (+GST & Freight Charges)

Silver Gold

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• Laptop • Display Monitor • Single Finger Biometric

Device • Payment Device

Equipment worth over Rs. 2 Lacs (+GST)

Only for Rs.1.11 Lac (+GST)

Counter 1 Counter 2

• Laptop • Display Monitor • Single Finger Biometric

Device • Payment Device • Logistics Kit

Common Infrastructure

• Digital Signage • CCTV Camera • Branding Material

(artwork) • UPS for ATM • Multi function device • Cash counting and fake

currency detection machine

• Safe with Lock

These equipment priced over Rs. 2 lacs are sourced at a whole sale price by Vakrangee at Rs.

1.11 lac (+GST Rs. 21,600/-, Total Rs. 1,32,600/-) (Freight charges will be extra)

Nextgen Vakrangee Kendra: Silver Model

1. These rates are exclusive of applicable freight 2. Any Additional equipment added in future will be borne by the franchisee at his/her cost (wherever applicable)

Note:

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Counter 1- Banking Related Equipment

• Laptop • Display Monitor • Single Finger

Biometric Device • Payment Device

Counter 2 – E-Governance and Other

Services

• Laptop • Display Monitor • Single Finger

Biometric Device • Payment Device

Counter 3 - E-Commerce and Logistics Kit

• Laptop • Display Monitor • Single Finger

Biometric Device • Payment Device • Logistics

Kit

Common Infrastructure

• Digital Signage • CCTV Camera • Branding Material

(artwork) • UPS for ATM • Multi Function Device • Cash Counting and

Fake Currency Detection Machine

• Safe with Lock

Counter 4 - Insurance and Financial Services

• Laptop • Display Monitor • Payment Device • Single Finger

Biometric Device

These equipment priced over Rs. 3.1 lacs are sourced at wholesale price by Vakrangee at Rs.

1.75 lacs (+GST Rs. 33,500/-, Total Rs. 2,08,500/-) (Freight charges will be extra)

Nextgen Vakrangee Kendra: Gold Model

Equipment worth over Rs. 3.1 Lacs (+GST)

Only for Rs. 1.75 Lacs (+GST)

1. These rates are exclusive of applicable freight 2. Any Additional equipment added in future will be borne by the franchisee at his/her cost (wherever applicable)

Note:

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Nextgen Vakrangee Kendra: Expected Financial Earnings

* The above calculations for Silver and Gold are based on estimated working in Rural and Urban location respectively and actuals will differ based on the location, demography and capability of the franchisee. Please also refer to the disclaimer clause given in the Presentation

Expected monthly revenue from Sales of Services Amount in Rs. Amount in Rs.

E-Governance Services 5,000 13,000

Banking Services 18,000 30,000

Financial and other Services 6,000 24,000

Insurance Services 5,000 15,000

ATM Services 12,000 30,000

E-Commerce Services 12,000 30,000

Logistic Services 2,000 9,000

Total Monthly Earnings (A) 60,000 1,52,000

Expected Monthly Operating Expenses

Manpower Charges (1 Operator in Silver and 4 operators in Gold) 8,000 40,000

Rent (200 Sq. Ft. for Silver and 300 Sq. Ft. for Gold) 6,000 20,000

Office Expenses including Electricity Charges, Connectivity Charges, Insurance, Hardware Maintenance Cost and ATM managed services charges, etc.

9,000 12,000

Localized Marketing Cost 4,000 8,000

Depreciation on Capex 5,000 12,000

Total Monthly Operating Expenses (B) 32,000 92,000

Net Monthly Earning for Franchisee (A-B) 28,000 60,000

Pay Back Period on initial Capex (In Months) 13 11

Return on Capital Employed (In Percentage) 39% 45%

Silver Gold

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Nextgen Vakrangee Kendra: Success Stories: E-Commerce Services

E-Commerce assumption in expected earnings per month taken at Rs. 12,000 per month for Silver Kendra and Rs. 30,000 for Gold Kendra

Franchisee Name: Umesh Chaudhary Location: Bhiwani, Haryana Monthly Commission Earned: Rs.1,49,576

Franchisee Name: Aruna Jalgaonkar Location: Mumbai, Maharashtra Monthly Commission Earned: Rs. 37,442

Franchisee Name: Shah Sayeed Ahmad Location: Bijnor, Uttar Pradesh Monthly Commission Earned: Rs. 6,080

Assisted E-Shopping

Assisted Gold Services

Mobile/DTH Recharge

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Nextgen Vakrangee Kendra: Success Stories: Banking and ATM Services

Franchisee Name: Vipin Kumar Location: Sahranpur, Uttar Pradesh Monthly Commission Earned : Rs 1,17,198

Franchisee Name: Girish Pensalwar Location: Latur, Maharashtra Monthly Commission Earned: Rs. 1,13,830

Banking assumption in expected earnings per month taken at Rs. 18,000 per month for Silver Kendra and Rs. 30,000 per month for Gold Kendra

ATM assumption in expected earnings per month taken at Rs. 12,000 per month for Silver Kendra and Rs. 30,000 per month for Gold Kendra

Banking Services

ATM Services

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Nextgen Vakrangee Kendra: Success Stories: Logistics and Insurance Services

Franchisee Name: Jasmeet Singh Location: Lucknow, Uttar Pradesh Monthly Commission Earned: Rs. 47,157

Logistics assumption in expected earnings per month taken at Rs. 2,000 per month for Silver kendra and Rs. 9,000 per month for Gold Kendras

Franchisee Name: Ravikiran Tataji Location: Yavatmal, Maharashtra Monthly Commission Earned: Rs 32,455

Insurance assumption in expected earnings per month taken at Rs. 5,000 per month for Silver kendra and Rs. 15,000 per month for Gold Kendras

Logistics Services

Insurance Services

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ATM with Zero Capex on Custodian Basis

Zero Franchisee fees

Note - Logistic Freight Charges to be borne by Franchisee

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Own the World’s Biggest E-Mall

Nextgen Vakrangee Kendra: Unique Features & Advantages

Trust & Respect within the community

Last Mile Infrastructure and Technology Support

Attractive ROI and quick payback of Capex

Zero Franchisee Fees

Zero Inventory Model

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Nextgen Vakrangee Kendra – Selection Process, Operations and Marketing Support

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Nextgen Vakrangee Kendra:

Selection Process

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Population of Gram Panchayat Number of

Kendra

0 - 5000 1

5000 - 10000 1 - 2

10000-20000 2 - 4

20000-30000 4 - 6

30000-40000 6 - 8

40000-100000 8 - 20

100000+ 1 per Ward

At least 1 Kendra in every Gram Panchayat and minimum distance of 2 km between any two Kendras in rural areas and 1 Kendra in every urban ward with minimum distance of 1 km between any two Kendras

Nextgen Vakrangee Kendra: Location selection criteria

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Minimum Education 10th Grade

Minimum Net Worth Silver Model – Rs. 10 Lacs Gold Model – Rs. 20 Lacs

Liquid Assets Silver Model – Rs. 2 Lacs Gold Model – Rs. 4 Lacs

Dedicated Motorcycle and Android Smartphone

Nextgen Vakrangee Kendra: What are we looking for in the Franchisee?

Mandatory Requirements Preferred Franchisee Criteria

Insurance Agent, Bank Manager, Store Manager, Sales/ business background

Ex- Army Officer, Administration Background

Women Entrepreneurs

Graduate, CA, MBA, any Professional Degree

Specially abled people

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Nextgen Vakrangee Kendra : Franchisee Background Checks and Essential Documentation

Each Potential Franchisee must submit the valid and updated documents for the requisite due diligence and onboarding process

Basic KYC & Aptitude Check

Police Verification

Credit Score- CIBIL Verification (if

applicable) Basic Referral Check PAN & Aadhaar Card

GST Registration

Note – There are other mandatory certifications to be completed beyond these requirements

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Nextgen Vakrangee Kendra: Mandatory Requirements to be ensured by Franchisee for both Models

Minimum Carpet Area: Silver Kendra- 200 sq ft. Gold Kendra- 300 sq.ft

Regular power connection with

sufficient power backup

Internet Connectivity with minimum 2MBPS

speed

Internet Connectivity - BSNL/MTNL/Other Players, Wired Broadband connection - Data Card/Dongle - Internet through local Cable TV Operator

OR Purchase VSAT from Vakrangee empanelled supplier with additional monthly operational cost

Outlet to be Exclusive for Vakrangee Services

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Sr. No.

Service Concerned Institute/

Certifications

Fees to be Paid by Franchisee (+ applicable taxes)

1 Banking IIBF Rs.800/- one time fee

2 IRCTC DSC Rs. 1000/- Annual fee

Nextgen Vakrangee Kendra: Mandatory Certifications and Training for Franchisee/Operator

1. For Induction as well as refresher trainings done by Vakrangee, franchisee will have to bear the cost of travel, accommodation, etc.

2. There may be some existing/ new services that could require special training/ certifications and the costs of which will be borne by the franchisee.

Note:

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Nextgen Vakrangee Kendra: Silver Site Preparation to be done by Franchisee

Civil Work and Interiors

• Civil work including flooring, wall painting, ceiling according to specifications defined by Vakrangee (Min. 200 sq. ft.)

• Electric Fitting of desired specifications with required Power (Including lighting on Main Sign Board)

Furniture and Fixtures

• 2 counters with Chair

• 2 Visitor Chairs

• Waiting Bench - 5 people

• Product Storage Unit / Racks

• Pamphlet holder

• Notice Board (Soft Board, 3ft*2ft)

• UPS Rack

• Floor Mat

• Drinking Water Dispenser

• AC/Air Cooler/Fan

• Fire Extinguisher

Other Equipment

• Gen Set/Solar/Inverter with Stabilizer for Entire Kendra

• Marketing material and fixtures as per artwork and details provided by Vakrangee in the design manual

Note – The complete design manual for the Kendra will be provided. These requirements may change as per the new services added

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Civil Work and Interiors

•Civil work including flooring, wall painting, ceiling according to specifications defined by Vakrangee (Min. 300 sq. ft.)

•Electric Fitting of desired specifications with required Power (Including lighting on Main Sign Board)

Furniture and Fixtures

•4 Counters with Chairs

•1 Franchisee/ owner desk

•5 Visitor Chairs

•Waiting Bench - 10 people

•Product Storage Unit / Racks

•Pamphlet holder

•Notice Board (Soft Board, 3ft * 2ft)

•UPS Rack

•Floor Mat

•Drinking Water Dispenser

•Air Conditioner

•Fire Extinguisher

Other Equipment

•Gen Set/Solar/Inverter with Stabilizer for Entire Kendra

•Marketing material and fixtures as per artwork and details provided by Vakrangee in the design manual

Nextgen Vakrangee Kendra: Gold Site Preparation to be done by Franchisee

Note – The complete design manual for the Kendra will be provided. These requirements may change as per the new services added

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Nextgen Vakrangee Kendra

Operations and Marketing Support

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Vakrangee: Franchisee Focused Team

Block Officer

Franchisees Franchisees Franchisees Franchisees

Corporate Head Office Team

State Operations Head

State Marketing Head

Field Operations Team (Division and

District)

Field Sales Team (Division and District)

Continuous support to Franchisee to drive Operations

Continuous support to Franchisee to

drive Sales

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Nextgen Vakrangee Kendra: Operations Support

Franchisee generates Ticket through VKMS & informs Block Officer.

If issue not resolved in two days raise issue again with Division Operations Head /State Operations Head

If issue not resolved in two days raise issue again with Service Head/ Support Head in Vakrangee HQ

If issue not resolved in 7 working days raise issue again with Senior Management

Franchisee Request for Support on Any Issue is recorded in the system

through VKMS

STEP I Local Level

Most Issues Resolved within two days

otherwise Division/State teams

get involved

STEP II Division/State

Level

Support Issues escalated to

Headquarters if still unresolved

STEP III Headquarter Level

Top Management up to even CMD get involved if Franchisee Issue not resolved in 7 working

days

STEP IV CMD Level

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Nextgen Vakrangee Marketing Support: Brochures & Pamphlets

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Nextgen Vakrangee Marketing Support: Marketing Campaign at Vakrangee Kendra

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Nextgen Vakrangee Marketing Support: National Level Advertising

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Nextgen Vakrangee Marketing Support: Performance based Monthly Award Winners

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Nextgen Vakrangee Marketing Support: Rewards for best and Consistent performers

Rewards announced over last 6 Months – • More than 10 Four wheelers • More than 75 two wheelers • More than 1000 Gold Bars & Coins

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Nextgen Vakrangee Kendra: Steps and Expected Timelines

To be done by Franchisee To be done by Vakrangee *

Timeline in weeks

Note * : Logistic Freight Charges to be borne by the Franchisee Please also refer to the disclaimer clause in the presentation.

Steps Due Diligence

Timeline- 2-3 Weeks

0 1 2 3 4 5 6 7 8

1. Payment for Equipment with application

2. Selection and Due Diligence Process

3. Agreement Signing

4. VKID Generation & Welcome Mail

5. Civil, Interiors and Branding as per specifications by Vakrangee

6. Delivery of Equipment

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Nextgen Vakrangee Kendra: Service Activation Timelines

Services Quarter 1 Quarter 2 Quarter 3 Quarter 4

BFSI

Banking Services As per Availability

Financial and Other Services

ATM

Insurance (Life, General and Health)

E-Governance

IRCTC , BBPS

E-Commerce

Assisted E-Commerce- Online Shopping As Per Availability

Assisted E-Commerce- Gold

Assisted E-Commerce- Pharmacy

Mobile & DTH recharge

Bus Ticket Booking

Logistics

Logistics- Courier Booking and Delivery As Per Availability

Note: Quarter 1 begins after Delivery of Equipment. Please also refer to the disclaimer clause in the presentation.

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Account Name : VAKRANGEE LIMITED-FRANCHISEE

Address : Vakrangee Corporate House, Plot No-93, Road No.16, MIDC Marol, Andheri (E), Mumbai- 400093.

Name of Bank : HDFC Bank Ltd.

Branch Name : ANDHERI EAST - MAROL Branch, Mumbai

Branch Code : 0592

Type of Account : Current Account

IFSC Code of Bank : HDFC0000592

Virtual Account No.:

VKRNGFF+[(VKID) or (Last 8 Digits of FA Code/Application ID)] Eg. – VKID - RJ1234567 then Account Number - VKRNGFFRJ1234567 Franchisee Application Number – FA00001234567890 then Account Number – VKRNGFF34567890

Franchisee to make full payment from his own account only by transferring amount in the VIRTUAL ACCOUNT Number as mentioned below using NEFT/RTGS/IMPS from any bank or HDFC to HDFC fund transfer

Step 1

Nextgen Vakrangee Kendra: Payment Process

Silver Model - Rs. 1,32,600/- (Inclusive of GST)

Gold Model - Rs. 2,08,500/- (Inclusive of GST)

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Contact us

Interested New Franchisees can register at http://apply.vakrangeekendra.in

Interested Existing Franchisees can register

through VKMS

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Thank You

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