Vakrangee Partners With Ageas Federal LI

This partnership marks a significant step in advancing financial inclusion and addressing the insurance protection gap

L to R: Vedant Nandwana, Managing Director, Vakrangee; Divya Nandwana, Executive Chairperson, Vakrangee and Jude Gomes, MD & CEO, Ageas Federal Life Insurance,

FinTech BizNews Service 

Mumbai, June 24, 2025: Vakrangee Limited (IRDAI Registration Code: CA0249) has entered into a Strategic Distribution Partnership with Ageas Federal Life Insurance Company Limited (AFLICL) , one of India’s fastest growing private life insurers, to further the mission of increasing life insurance accessibility across the nation.

This collaboration will enable Vakrangee to offer Ageas Federal’s comprehensive range of life insurance solutions through its vast network of 22,986 Vakrangee Kendras spread across 32 States, 609 Districts, and 5,835 Postal Codes, across the length and breadth of India. This partnership marks a significant step in advancing financial inclusion and addressing the insurance protection gap, aligned with the nation’s inclusive growth priorities.

Mr. Vedant Nandwana, Managing Director, Vakrangee Ltd., stated: "We are proud to partner with Ageas Federal Life Insurance to extend life protection and financial services across India. Our extensive last-mile distribution network empowers citizens with convenient access to essential insurance products, right at their doorstep. This partnership enhances our commitment to improving the financial well-being of millions of Indians."

Mr. Jude Gomes, MD & CEO, Ageas Federal Life Insurance, commented: "This Strategic Distribution Partnership with Vakrangee is a testament to our unwavering focus on making life insurance accessible to every Indian. We are dedicated to offering seamless, hassle-free life insurance solutions that deliver financial protection and peace of mind. This alliance is a strong step towards realizing IRDAI’s Vision of ‘Insurance for All by 2047’."

With this alliance, Vakrangee Kendras continue to evolve into all-in-one convenience hubs, offering a bouquet of essential services including Banking, Insurance, e-commerce, Governance, and Healthcare — truly living up to their promise of “Ab Poori Duniya Pados Mein.”