Shares of Vakrangee jumped in the early trade on April 12 after the company entered an agreement with Global One Enterprises Pvt Ltd (Max TV) for offering subscription-based OTT plans through Vakrangee Kendra networks.
At 9:31am, Vakrangee was quoting Rs 24.50, up Rs 0.27, or 1.11 percent, on the BSE.
Max TV specialises in providing IPTV/OTT Services in India.
The platform features over 300 Indian FTA channels, 1,000 international channels and over 20,000 hours of curated content of web series, movies, music, live darshans, documentaries and much more.
Through this tie-up, Max TV will be able to cross-sell various bundled plans to unserved and underserved areas of the country through Vakrangee Kendra networks.
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We will continue to add more products and services and tie-up with leading business partners to offer our customers a one-stop solution to all their needs, Vakrangee said.
"We are aspiring to be the most trustworthy physical as well as online convenience store across India and positively moving towards Vakrangee Kendra’s new brand philosophy of ‘AB Poori Duniya Pados Mein’," it added.
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