Suvidhaa Infoserve to open 1,000-1,200 outlets every month

Feb 05, 2010

Retail chain Suvidhaa Infoserve has announced plans to open 1,000-1,200 new outlets every month across the country and is eyeing a one-lakh strong network in the next two-three years. At present, the Mumbai-based firm has 18,000 convenient neighbourhood stores called 'Suvidhaa Point' across the country in over 20 states and over 400 cities.

"Now, we are covering 20 states and we plan to enter other states in the next 5-6 months. In a span of 2-3 years, we plan to have one lakh outlets pan-India,” said Paresh Rajde, managing director and CEO, Suvidhaa Infoserve.

Suvidhaa provides services in travel, insurance, banking, utility, telecom, entertainment, education and e-governance to its customers. "Our aim right from inception, has been to give convenience and value to all our customers who are looking for travel, utility and e-governance related services," said Raide.

Suvidhaa is also planning to tap the rural market by opening franchisees there and not charging the registration fee. "We are planning to provide a special package to rural people. There will be no registration fee for village people. Besides, we will provide loan facility to them," Raide added.