About Kanakadurga Chit funds
Kanakadurga Chit funds is a company based in Warangal (India) founded in 2014. It operates as a B2C. The company has 43 employees as of March 31, 2020. Kanakadurga Chit funds operates in a competitive market with competitors including myPaisaa, Money Club, Shriram Chits, Finlok and SahaBhagi, among others.
- Headquarter Warangal, India
- Employees 43 as on 31 Mar, 2020
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Kanakadurga Chit Funds Private Limited
- Date of Incorporation 08 Aug, 2014
- Jurisdiction Hasanparthy, Telangana, India
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Annual Revenue
$2.25 M (USD)98.11as on Mar 31, 2020
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Net Profit
$192.24 K (USD)268.18as on Mar 31, 2020
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EBITDA
$21.96 K (USD)-63.24as on Mar 31, 2020
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Latest Funding Round
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Investors
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Employee Count
43
as on Mar 31, 2020
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Funding Insights of Kanakadurga Chit funds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Kanakadurga Chit funds
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kanakadurga Chit funds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kanakadurga Chit Funds Comparisons
Competitors of Kanakadurga Chit funds
Kanakadurga Chit funds operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as myPaisaa, Money Club, Shriram Chits, Finlok and SahaBhagi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital chit fund schemes and savings plans are provided.
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| domain | founded_year | HQ Location |
Pooled savings and borrowing are facilitated by a community platform.
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| domain | founded_year | HQ Location |
Chit fund investments are facilitated through an online platform.
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| domain | founded_year | HQ Location |
Group savings are enabled via a digitized ROSCA model platform.
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| domain | founded_year | HQ Location |
SahaBhagi is a platform for managing financial self-help groups.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kanakadurga Chit funds
When was Kanakadurga Chit funds founded?
Kanakadurga Chit funds was founded in 2014.
Where is Kanakadurga Chit funds located?
Kanakadurga Chit funds is headquartered in Warangal, India. It is registered at Warangal, Telangana, India.
How many employees does Kanakadurga Chit funds have?
As of Mar 31, 2020, the latest employee count at Kanakadurga Chit funds is 43.
What is the annual revenue of Kanakadurga Chit funds?
Annual revenue of Kanakadurga Chit funds is $2.25M as on Mar 31, 2020.
What does Kanakadurga Chit funds do?
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.
Who are the top competitors of Kanakadurga Chit funds?
Kanakadurga Chit funds's top competitors include Shriram Chits, myPaisaa and Money Club.