Shares of Vakrangee are in news today as the company’s Board of Directors will meet on September 24 to consider a proposal for raising funds. Additionally, the company has partnered with Star Health Insurance to offer health insurance products across its network. Vakrangee stock ended 1.46% lower at Rs 20.94 on Tuesday. A total of 13.74 lakh shares of the technology company changed hands, amounting to a turnover of Rs 2.89 crore on BSE. Market cap of the firm stood at Rs 2218.62 crore.
Vakrangee Limited is a technology company focused on financial, social and digital inclusion of its customers. It operates on an asset-light, franchisee-based business model to cater to the needs of its stakeholders. It assisted digital convenience stores, Next-Gen Vakrangee Kendras offers solutions for multiple products and services.
The article originally appeared on Business Today.