About Kanakadurga Chit funds
Kanakadurga Chit funds was a Financial Services company based in Warangal (India) founded in 2014. Manages group savings and chit fund platforms for individual users. It operates on a B2C model. The company has 43 employees. Its Indian entity Kanakadurga Chit Funds Private Limited reported revenue of ₹3.32 Cr. The company is recorded as dissolved. Its focus areas include Savings and Investments, Group Funding and Chit Fund Management. Its competitors include myPaisaa, Money Club and Shriram Chits; 2 of its 3 listed competitors have raised funding.
Company details
Kanakadurga Chit funds operates with a B2C model, focusing on offering financial products and advice, savings and investments, group funding, and chit fund management. Manages group savings and chit fund platforms for individual users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Warangal, India
- Employees 43
- SectorsFinancial Services
- Website kanakadurgachitfunds.com
- Legal Name Kanakadurga Chit Funds Private Limited
- Date of Incorporation 08 Aug, 2014
- Jurisdiction Hasanparthy, Telangana, India
- Annual Revenue₹3.32 Cr
FY 2025 · -20% YoY
- Net Loss-₹2.7 Lakh
FY 2025 · -1% margin
- EBITDA₹28.5 Lakh
FY 2025 · 9% margin
- Employee Count43
Associated legal entities of Kanakadurga Chit funds
Kanakadurga Chit funds operates through Kanakadurga Chit Funds 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 |
|---|---|---|---|---|---|---|---|
| Kanakadurga Chit Funds Private Limited CIN U65992TG2014PTC095191 | Active | 08 Aug 2014 | Hasanparthy, Telangana | ₹3.3 Cr | 43 | 2 | View details |
Board of directors of Kanakadurga Chit Funds Private Limited (Kanakadurga Chit funds)
Kanakadurga Chit Funds Private Limited is the primary company behind Kanakadurga Chit funds. The board of Kanakadurga Chit Funds Private Limited currently have 2 directors; the longest-serving is Kamalakar Kondam, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamalakar Kondam DIN 06922428 | Director | 08 Aug 2014 | 12 yrs 2 mo | Kanakadurga Chit Funds Private Limited |
| Adi Reddy Pendyala DIN 09606193 | Director | 11 May 2022 | 4 yrs 5 mo | Kanakadurga Chit Funds Private Limited |
Financials of Kanakadurga Chit funds
Figures of Kanakadurga Chit Funds Private Limited, the primary company behind Kanakadurga Chit funds, for FY 2025. Revenue was ₹3.32 Cr (-20% year on year). Net loss was -₹2.7 Lakh (-1% margin). EBITDA was ₹28.5 Lakh (9% margin). Revenue has grown at a compounded annual rate of -27% over five years.
- ₹3.32 CrRevenue · FY 2025 · -20% YoY
- -₹2.7 LakhNet loss · -1% margin
- ₹28.5 LakhEBITDA · 9% margin
- ₹15.00 CrPaid-up capital
- 43Employees (provident fund records)
- -27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kanakadurga Chit Funds Private Limited are on its company page.
Detailed financial statements for Kanakadurga Chit funds
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Kanakadurga Chit funds
Kanakadurga Chit funds has 3 listed competitors in our database, 2 of them funded. They include myPaisaa, Money Club and Shriram Chits.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mypaisaa.com | 2020 | Hyderabad, India | $450,268 | 148 | Digital chit fund schemes and savings plans are provided. | |
| moneyclubber.com | 2016 | Noida, India | $6.88M | 6 | Pooled savings and borrowing are facilitated by a community platform. | |
| shriramchits.com | 1974 | Chennai, India | 3,132 | Chit fund investments are facilitated through an online platform. |
Detailed competitors of Kanakadurga Chit funds
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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Verified entity values are shown only after access is granted.
Top companies in Real Estate & Property Investment Funds
2 companies that operate in the same segment as Kanakadurga Chit funds (Real Estate & Property Investment Funds) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mutual fund management and investment services in India. | 2011 | Mumbai, Maharashtra, India | USD 256.02 K | |||
Full-service corporate advisory services are provided by Emkay. | 1995 | Mumbai, Maharashtra, India | USD 41.78 M | 534 |
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Frequently Asked Questions about Kanakadurga Chit funds
Kanakadurga Chit funds was founded in 2014.
Kanakadurga Chit funds is headquartered in Warangal, India. It is registered at Warangal, Telangana, India.
Kanakadurga Chit funds has 43 employees.
The primary company behind Kanakadurga Chit funds, Kanakadurga Chit Funds Private Limited, reported revenue of ₹3.32 Cr for FY 2025, down 20% year on year.
Kanakadurga Chit funds operates with a B2C model, focusing on offering financial products and advice, savings and investments, group funding, and chit fund management. Manages group savings and chit fund platforms for individual users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Kanakadurga Chit funds's top competitors include Shriram Chits, myPaisaa and Money Club.
Kanakadurga Chit funds operates through Kanakadurga Chit Funds Private Limited.
The legal entities of Kanakadurga Chit funds currently have 2 directors, including Adi Reddy Pendyala, Kamalakar Kondam.