About Kannattu
Kannattu is a company based in Chengannur (India) founded in 1986. It operates as a B2C, and D2C. The company has 61 employees as of March 31, 2023. Kannattu offers products and services including Gold Loan, Insurance, Money Transfer, and Travel Services. Kannattu operates in a competitive market with competitors including Margadarsi Chit Fund, Saya Nidhi, Smart Nidhi Finance, Jodhpur Gramin Nidhi and ERNAD NIDHI, among others.
- Headquarter Chengannur, India
- Employees 61 as on 31 Mar, 2023
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Kannattu Fingold Finance Pvt Ltd
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$841.95 K (USD)60.52as on Mar 31, 2023
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Net Profit
$61.01 K (USD)21.88as on Mar 31, 2023
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EBITDA
$351.64 K (USD)8.53as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
61
as on Mar 31, 2023
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Products & Services of Kannattu
Kannattu offers a comprehensive portfolio of products and services, including Gold Loan, Insurance, Money Transfer, and Travel Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hassle-free gold loan processing with minimal documentation and online support.
Provides various insurance options for personal financial security.
Facilitates secure and quick money transfer to domestic locations.
Offers support for travel-related financial needs and arrangements.
Funding Insights of Kannattu
| 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 Kannattu
| 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 - Kannattu
| 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 |
Kannattu Comparisons
Competitors of Kannattu
Kannattu 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 Margadarsi Chit Fund, Saya Nidhi, Smart Nidhi Finance, Jodhpur Gramin Nidhi and ERNAD NIDHI, 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 |
Functions as a cooperative lending company providing financial services.
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| domain | founded_year | HQ Location |
Financial company providing deposits, loans, saving accounts, and schemes for members in India.
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| domain | founded_year | HQ Location |
Operates as a cooperative firm offering consumer loans.
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| domain | founded_year | HQ Location |
Jodhpur Gramin Nidhi provides gold, mortgage, daily, and other loan services to members.
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| domain | founded_year | HQ Location |
Provides loans, deposits, and savings schemes to members in India.
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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 Kannattu
When was Kannattu founded?
Kannattu was founded in 1986.
Where is Kannattu located?
Kannattu is headquartered in Chengannur, India. It is registered at Chengannur, Kerala, India.
How many employees does Kannattu have?
As of Mar 31, 2023, the latest employee count at Kannattu is 61.
What is the annual revenue of Kannattu?
Annual revenue of Kannattu is $841.95K as on Mar 31, 2023.
What does Kannattu do?
Kannattu Fingold Finance is a private limited company based in India, focusing on financial services such as gold loans with minimal documentation and online banking support. They also provide insurance, money transfer, and travel services to customers. Operating primarily in Kerala, the company emphasizes secure transactions and dedicated customer assistance, serving individuals seeking reliable financial solutions.
Who are the top competitors of Kannattu?
Kannattu's top competitors include Margadarsi Chit Fund, Saya Nidhi and ERNAD NIDHI.
What products or services does Kannattu offer?
Kannattu offers Gold Loan, Insurance, Money Transfer, and Travel Services.