About e-Chits
e-Chits is a Financial Services company based in Secunderabad (India) founded in 2019. It provides cloud-based solutions for managing chit fund operations. It operates on a B2B model. Its Indian entity Narvee Technologies Private Limited reported revenue of ₹1.35 Cr. Its focus areas include Finance, Fintech, Fund Management and Chit Funds. Its competitors include ChitMonks, Chitcare and CuriousTech; 1 of its 3 listed competitors has raised funding.
Company details
e-Chits, founded in 2019 in Secunderabad, India, focuses on finance, fintech, managing funds, and chit funds. Provides cloud-based solutions for managing chit fund operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Secunderabad, India
- SectorsFinancial Services
- Website echits.in
- Legal Name Narvee Technologies Private Limited
- Date of Incorporation 24 Sep, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.35 Cr
FY 2025 · -16% YoY
- Net Loss-₹8.4 Lakh
FY 2025 · -6% margin
- EBITDA-₹6.6 Lakh
FY 2025 · -5% margin
Associated legal entities of e-Chits
e-Chits operates through Narvee Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Narvee Technologies Private Limited CIN U72200TG2013PTC090166 | Active | 24 Sep 2013 | Hyderabad, Telangana | ₹1.3 Cr | 20 | 2 | View details |
Board of directors of Narvee Technologies Private Limited (e-Chits)
Narvee Technologies Private Limited is the primary company behind e-Chits. The board of Narvee Technologies Private Limited currently have 2 directors; the longest-serving is Narsinga Rao Madhavaneni, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narsinga Rao Madhavaneni DIN 06656351 | Director | 24 Sep 2013 | 13 yrs 1 mo | Narvee Technologies Private Limited |
| Amarnath Bottu DIN 10692228 | Director | 01 Jul 2024 | 2 yrs 3 mo | Narvee Technologies Private Limited |
Financials of e-Chits
Figures of Narvee Technologies Private Limited, the primary company behind e-Chits, for FY 2025. Revenue was ₹1.35 Cr (-16% year on year). Net loss was -₹8.4 Lakh (-6% margin). EBITDA was -₹6.6 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +26% over three years and +15% over five years.
- ₹1.35 CrRevenue · FY 2025 · -16% YoY
- -₹8.4 LakhNet loss · -6% margin
- -₹6.6 LakhEBITDA · -5% margin
- ₹1 LakhPaid-up capital
- 20Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Narvee Technologies Private Limited are on its company page.
Detailed financial statements for e-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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Verified entity values are shown only after access is granted.
Competitors of e-Chits
e-Chits has 3 listed competitors in our database, 1 of them funded. They include ChitMonks, Chitcare and CuriousTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chitmonks.com | 2016 | Hyderabad, India | $762,183 | Blockchain solutions for chit fund management are provided by ChitMonks. | ||
| chitcare.com | 2001 | Hyderabad, India | 21 | Delivers web-based management software for chit funds. | ||
| curioustech.io | 2020 | Chennai, India | Provides cloud-based software for managing chit funds securely. |
Detailed competitors of e-Chits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Private Equity Funds
2 companies that operate in the same segment as e-Chits (Private Equity Funds) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Private equity firm and fund of funds focused on multiple sectors | 2020 | India | USD 238.01 M | 969 | ||
Provides mutual fund investments, SIP options, and financial planning services online. | 2009 | Mumbai, Maharashtra, India | 93,874 |
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Frequently Asked Questions about e-Chits
e-Chits was founded in 2019.
e-Chits is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
The primary company behind e-Chits, Narvee Technologies Private Limited, reported revenue of ₹1.35 Cr for FY 2025, down 16% year on year.
e-Chits, founded in 2019 in Secunderabad, India, focuses on finance, fintech, managing funds, and chit funds. Provides cloud-based solutions for managing chit fund operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
e-Chits's top competitors include ChitMonks, CuriousTech and Chitcare.
e-Chits operates through Narvee Technologies Private Limited.
The legal entities of e-Chits currently have 2 directors, including Narsinga Rao Madhavaneni, Amarnath Bottu.