Vakrangee Limited has announced a strategic partnership with Tyger Capital Private Limited to expand credit access through its extensive Vakrangee Kendra network. The alliance, disclosed on February 11, 2026, under Regulation 30, aims to deliver diversified loan products to underserved markets across India.

Strategic Partnership Details

The collaboration will enable Vakrangee Kendras to facilitate multiple lending solutions targeting retail customers and small businesses in financially unserved and underserved regions. The partnership leverages Vakrangee's extensive last-mile infrastructure to simplify access to formal credit for individuals and enterprises in rural and semi-urban markets.

Market Positioning and Reach

Vakrangee's strategic advantage lies in its extensive rural penetration, with over 84% of its Vakrangee Kendras located in Tier 4 to Tier 6 regions. This positioning makes the company uniquely suited to bridge the credit accessibility gap in underserved markets.

Commenting on the partnership, Mr. Vedant Nandwana, Managing Director of Vakrangee Limited, stated: "We are delighted to partner with Tyger Capital Private Limited (formerly known as Adani Capital Private Limited). This collaboration marks an important step in strengthening India's grassroots credit ecosystem. By combining Tyger Capital's lending expertise with Vakrangee's extensive rural reach, we are creating an efficient and inclusive platform to deliver essential loan products to communities that need them most."

Service Integration and Objectives

Vakrangee Kendras operate as exclusive branded format outlets offering comprehensive services including banking, insurance, ATM, assisted e-commerce, e-governance, and healthcare. The addition of credit services through this partnership reinforces the company's mission of becoming India's most trustworthy physical and online convenience store.

The partnership aims to promote:

• Entrepreneurship development in rural areas
• Asset ownership facilitation
• Economic self-reliance in underserved communities
• Sustainable socio-economic development

About the Partners

Vakrangee Limited

Incorporated in 1990, Vakrangee has emerged as one of India's largest Last Mile Distribution Platforms with both physical and digital ecosystems. The company delivers real-time banking and financial services, ATM, insurance, e-governance, e-commerce, and logistics services across unserved rural, semi-urban, and urban markets.

Tyger Capital Private Limited

Tyger Capital Private Limited is a non-banking financial company (NBFC) operating with a focus on inclusive credit delivery and tailored financing solutions. The company commenced lending operations in April 2017 and has evolved into a prominent player supporting underserved borrowers across semi-urban and rural India.

This strategic alliance aligns with Vakrangee's brand philosophy of "Ab Poori Duniya Pados Mein" and strengthens its position as a comprehensive service provider for India's underserved markets.

Source:

Vakrangee has received fresh authorization from the Reserve Bank of India (RBI) for its white label ATM operations, marking a significant regulatory milestone for the company's financial services business.

RBI Authorization Details

The central bank's approval enables Vakrangee to operate white label ATMs, which are non-bank owned automated teller machines that provide banking services to customers across multiple banks. This authorization represents a crucial regulatory clearance for the company's continued operations in the financial technology sector.

Business Impact

The RBI's authorization strengthens Vakrangee's position in India's financial services landscape. White label ATMs play a vital role in extending banking services to underserved areas, particularly in rural and semi-urban locations where traditional bank branches may have limited presence.

This regulatory approval allows Vakrangee to continue expanding its ATM network infrastructure, potentially enhancing financial inclusion across various regions. The company can now operate these ATMs while maintaining compliance with RBI's regulatory framework for non-banking financial service providers.

Regulatory Significance

The fresh authorization from India's central banking authority validates Vakrangee's operational capabilities and regulatory compliance standards. RBI authorizations for white label ATM operations involve stringent evaluation criteria, including technical infrastructure, security protocols, and financial stability requirements.

This development positions Vakrangee to capitalize on the growing demand for accessible banking services across India's diverse geographic landscape.