VL E-Governance & IT Solutions Limited (VLEGOV.NS)
VL E-Governance & IT Solutions Limited operates in the Information Technology Services industry of the Technology sector, headquartered in Mumbai, MA, IN. The stock last traded at $9.92, down 1.98% on the session, giving a market capitalisation of $1.08B. Its beta of 2.08 implies it has historically moved more than the broad market.
Headquartered in Mumbai, India, and founded in 2016, VL E-Governance & IT Solutions Limited specializes in delivering system integration and IT-enabled services for e-governance initiatives across India. The company's operations are divided into two main segments: its E-Governance & IT/ITES Business and the Vakrangee Kendra Business. Within the Vakrangee Kendra segment, it manages a network of "Nextgen Vakrangee Kendras," which are physical retail outlets serving last-mile communities. These centers provide a range of crucial services including banking, financial services, and insurance (BFSI), ATM access, assisted e-commerce, telemedicine, online pharmacy, and logistics solutions. Furthermore, the company operates a business-to-consumer (B2C) e-commerce mobile digital platform and offers courier booking facilities.
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