MOS Utility Limited Expands to Offer Comprehensive Postal Services via India Post Franchise

MOS Utility Limited announced that its subsidiary, MOS Logconnect, has acquired a Master Franchisee License from India Post. This partnership will enable MOS to offer a variety of postal services across India, leveraging India Post's extensive network to deliver efficient and seamless services to last-mile customers.

PNN Mumbai (Maharashtra) [India], July 11: MOS Utility Limited, a leading fintech company, has announced that its subsidiary, MOS Logconnect Private Limited, has received a Master Franchisee License from India Post. The franchise will allow MOS to expand its service offerings to include a comprehensive range of postal services across India.

This partnership will enable MOS to leverage India Post's extensive network and resources, ensuring seamless and efficient service delivery. MOS Utility Limited aims to provide exceptional customer service, confident that this venture will drive growth and success for the company.

MOS Utility Limited, known for its customer-centric fintech and utility payment solutions, is committed to enhancing accessibility and driving financial inclusion. The company's vast agent network spans over 25 states, facilitating significant outreach to last-mile consumers. With the franchise, MOS will offer services like Speed Post, Registered AD, Stamps, E-money Orders, and Postal Life Insurance.

Chirag Shah, Co-Founder and Executive Director of MOS Utility Limited, expressed his enthusiasm, stating that the strategic alliance with India Post underscores the company's operational capabilities and commitment to excellence. He anticipates a substantial increase in the customer base, solidifying the company's industry position.

Ravi Ruparelia, Managing Director of MOS Utility Limited, highlighted the transformative potential of the India Post franchise model in reaching marginalized populations in remote areas, aiming to foster financial inclusion and empowerment.

Virendra Rastogi, Director of MOS Logconnect, emphasized the significance of the franchisee license in expanding the company's footprint and driving revenue growth. He noted that the partnership with India Post would deliver value-added services to last-mile customers while enhancing MOS Logconnect's profitability.

(With inputs from agencies.)