About Damskart
Damskart is a Financial Services company based in Jaipur (India). It delivers comprehensive solutions for business loans. It operates on a B2B model. Its Indian entity Damskart India Private Limited reported revenue of ₹6.5 Lakh. Its focus areas include Banking, Lending and Business Loans. Similar companies include Manappuram Finance, IIFL Finance and L & T Finance Holdings; 1 of its 3 listed similar companies has raised funding.
Company details
Damskart delivers comprehensive solutions for business loans through offering financial products and advice, banking, facilitating loans and financing, and business loans. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Jaipur, India
- SectorsFinancial Services
- Website damskart.in
- Social X Facebook
- Legal Name Damskart India Private Limited
- Date of Incorporation 12 Jul, 2017
- Jurisdiction Delhi, India
- Annual Revenue₹6.5 Lakh
FY 2022 · +180% YoY
- Net Loss-₹1.7 Lakh
FY 2022 · -26% margin
- EBITDA-₹2.4 Lakh
FY 2022 · -38% margin
Associated legal entities of Damskart
Damskart operates through Damskart India 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 |
|---|---|---|---|---|---|---|---|
| Damskart India Private Limited CIN U67120DL2017PTC320547 | Active | 12 Jul 2017 | Delhi, Delhi | ₹0.1 Cr | 2 | View details |
Board of directors of Damskart India Private Limited (Damskart)
Damskart India Private Limited is the primary company behind Damskart. The board of Damskart India Private Limited currently have 2 directors; the longest-serving is Raveena Sharma, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raveena Sharma DIN 07956932 | Director | 15 Oct 2017 | 9 yrs | Damskart India Private Limited |
| Rinkal DIN 09355531 | Director | 13 Oct 2021 | 5 yrs | Damskart India Private Limited |
Financials of Damskart
Figures of Damskart India Private Limited, the primary company behind Damskart, for FY 2022. Revenue was ₹6.5 Lakh (+180% year on year). Net loss was -₹1.7 Lakh (-26% margin). EBITDA was -₹2.4 Lakh (-38% margin). Revenue has grown at a compounded annual rate of +6816% over three years.
- ₹6.5 LakhRevenue · FY 2022 · +180% YoY
- -₹1.7 LakhNet loss · -26% margin
- -₹2.4 LakhEBITDA · -38% margin
- ₹1 LakhPaid-up capital
- +6816%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Damskart India Private Limited are on its company page.
Detailed financial statements for Damskart
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Similar companies to Damskart
Damskart has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, IIFL Finance and L & T Finance Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. | ||
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. |
Detailed similar companies of Damskart
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Damskart (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Frequently Asked Questions about Damskart
Damskart is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
The primary company behind Damskart, Damskart India Private Limited, reported revenue of ₹6.5 Lakh for FY 2022, up 180% year on year.
Damskart delivers comprehensive solutions for business loans through offering financial products and advice, banking, facilitating loans and financing, and business loans. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Damskart's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Damskart operates through Damskart India Private Limited.
The legal entities of Damskart currently have 2 directors, including Raveena Sharma, Rinkal.