About BhavithaSri Chits
BhavithaSri Chits was a Financial Services company based in Warangal (India) founded in 2011. It offers comprehensive personal loan services to meet individual financial needs. It operates on a B2C model. The company has 348 employees. Its Indian entity Bhavithasri Chit Funds Private Limited reported revenue of ₹11.60 Cr. The company is recorded as dissolved. Its focus areas include Banking and Lending, Personal Finance and Loan Services. Its competitors include KrazyBee, Bueno Finance, CredIn, Suriya Chits and Amros and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
BhavithaSri Chits, based in Warangal, focuses on offering financial products and advice, banking and lending, personal finance, and loan services. Offers comprehensive personal loan services to meet individual financial needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Warangal, India
- Employees 348
- SectorsFinancial Services
- Website bhavithasrichits.com
- Social X Facebook
- Legal Name Bhavithasri Chitfunds Pvt Ltd
- Date of Incorporation 02 Jun, 2011
- Jurisdiction Warangal, Telangana, India
- Annual Revenue₹11.60 Cr
FY 2022 · -40% YoY
- Net Loss-₹4.54 Cr
FY 2022 · -39% margin
- EBITDA-₹3.35 Cr
FY 2022 · -29% margin
- Employee Count348
Associated legal entities of BhavithaSri Chits
BhavithaSri Chits operates through Bhavithasri Chit Funds Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bhavithasri Chit Funds Private Limited CIN U65910TG2011PTC074793 | Active | 02 Jun 2011 | Warangal, Telangana | ₹11.6 Cr | 348 | 2 | View details |
Board of directors of Bhavithasri Chit Funds Private Limited (BhavithaSri Chits)
Bhavithasri Chit Funds Private Limited is the primary company behind BhavithaSri Chits. The board of Bhavithasri Chit Funds Private Limited currently have 2 directors; the longest-serving is Srinivas Thatipalli, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivas Thatipalli DIN 03527353 | Managing Director | 02 Jun 2011 | 15 yrs 4 mo | Bhavithasri Chit Funds Private Limited |
| Prakash Rao Gunda DIN 03527563 | Director | 02 Jun 2011 | 15 yrs 4 mo | Bhavithasri Chit Funds Private Limited |
Financials of BhavithaSri Chits
Figures of Bhavithasri Chit Funds Private Limited, the primary company behind BhavithaSri Chits, for FY 2022. Revenue was ₹11.60 Cr (-40% year on year). Net loss was -₹4.54 Cr (-39% margin). EBITDA was -₹3.35 Cr (-29% margin). Revenue has grown at a compounded annual rate of -25% over three years and -4% over five years.
- ₹11.60 CrRevenue · FY 2022 · -40% YoY
- -₹4.54 CrNet loss · -39% margin
- -₹3.35 CrEBITDA · -29% margin
- ₹37 LakhPaid-up capital
- 348Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bhavithasri Chit Funds Private Limited are on its company page.
Detailed financial statements for BhavithaSri Chits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of BhavithaSri Chits
BhavithaSri Chits has 8 listed competitors in our database, 3 of them funded. They include KrazyBee, Bueno Finance, CredIn, Suriya Chits and Amros, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kbnbfc.in | 2016 | Bengaluru, India | $209.78M | 3,016 | Non-banking financial company focuses on providing credit solutions | |
| buenofinanceinc.com | 2019 | Gurugram, India | $3.13M | 1 | Provider of personal loans services | |
| credin.in | 2018 | Vadodara, India | $1.14M | 32 | Personal loans are provided to individuals in India by CredIn. | |
| suriyachits.com | 2015 | Thanjavur, India | – | – | Suriya Chits offers comprehensive personal loan services to individuals. | |
| amros.in | 2005 | Navi Mumbai, India | – | – | Offers instant personal loans with digital application and easy EMIs. | |
| reduxfinance.com | 2017 | Delhi, India | – | – | Provides comprehensive solutions for personal loans to individuals. | |
| htcfinance.com | 2007 | Chennai, India | – | – | Offers advisory for mutual funds, loans, insurance, and tax planning services. | |
| sankulcapitalservices.co.in | 2021 | Palwal, India | – | – | Provides microfinance loans and banking services to empower rural women and communities. |
Detailed competitors of BhavithaSri Chits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Housing Finance
10 companies that operate in the same segment as BhavithaSri Chits (Housing Finance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | – | USD 24.31 M | 1,250 | |
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | – | USD 99.6 M | 6,379 | |
Affordable housing and community support services are provided. | 2016 | Newbury, England, United Kingdom | – | – | – | |
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | – | USD 8.21 M | – | |
Functions as an urban co-operative bank providing financial services to members. | 1906 | Pune, Maharashtra, India | – | – | – | |
Platform for booking verified student housing near universities worldwide. | 2016 | Noida, Uttar Pradesh, India | USD 2.63 M | USD 491.7 K | – | |
Serves as a provider of home loan financing solutions. | 2013 | Palwal, Haryana, India | – | USD 12.79 M | 419 | |
Provides residential and commercial property loan solutions. | – | Mumbai, Maharashtra, India | – | USD 9.31 M | 1,730 | |
Short-term financing is offered for residential construction projects. | 2005 | Calgary, Alberta, Canada | – | USD 5.55 M | 49 | |
Piramal Housing Finance, a Piramal Group subsidiary, specializes in home loans for individuals. | 2017 | Mumbai, Maharashtra, India | – | USD 779.37 M | 941 |
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Frequently Asked Questions about BhavithaSri Chits
BhavithaSri Chits was founded in 2011.
BhavithaSri Chits is headquartered in Warangal, India. It is registered at Warangal, Telangana, India.
BhavithaSri Chits has 348 employees.
The primary company behind BhavithaSri Chits, Bhavithasri Chit Funds Private Limited, reported revenue of ₹11.60 Cr for FY 2022, down 40% year on year.
BhavithaSri Chits, based in Warangal, focuses on offering financial products and advice, banking and lending, personal finance, and loan services. Offers comprehensive personal loan services to meet individual financial needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
BhavithaSri Chits's top competitors include KrazyBee, Bueno Finance and CredIn.
BhavithaSri Chits operates through Bhavithasri Chit Funds Private Limited.
The legal entities of BhavithaSri Chits currently have 2 directors, including Srinivas Thatipalli, Prakash Rao Gunda.