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Vakrangee added in FTSE Global Equity Index Series

Friday, March 09, 2018

Vakrangee Ltd, has been included in Large Cap section - FTSE Global Equity Index Series of “FTSE Russell", member of the London Stock Exchange Group plc, the global index provider with effect from 16 March, 2018.

According to market analysts, it is a big achievement for an Indian company to be included in the prestigious and world’s leading FTSE Index.

Vakrangee has strong corporate alliances with leading Indian brands like RedBus to offer bus ticketing services; Netmeds Marketplace Ltd to offer medicines and other health products; Mahindra eMarket Limited, a subsidiary of M&M, to promote and book automobile products using the last mile distribution network of Vakrangee Kendra outlets.

Other strategic alliances include a corporate agency tie-up for life, general and health insurance with Life Insurance Corporation of India (LIC), HDFC Life Insurance Company Limited, and others.

Vakrangee is inching towards its vision 2020 with a strategic tie-up with Indian Oil Corporation Limited (IOCL). Vakrangee Kendras will be set up in about 20,000 plus IOCL retail outlets (filling/gas stations) located across the country.

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