Mahesan Chit Fund

Pudukkottai, India Founded: 2015 • Age: 11 yrs
Offers chit fund schemes and financial services to rural individuals in Tamil Nadu.
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About Mahesan Chit Fund

Mahesan Chit Fund is a company based in Pudukkottai (India) founded in 2015. It operates as a B2C. The company has 15 employees as of March 31, 2023. Mahesan Chit Fund offers products and services including Chit Schemes, Customer Application, and Spot Collection. Mahesan Chit Fund operates in a competitive market with competitors including Exberry and Stellar Capital, among others.

  • Headquarter Pudukkottai, India
  • Employees 15 as on 31 Mar, 2023
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Mahesan Chit Fund Private Limited
  • Date of Incorporation 24 Jul, 2018
  • Jurisdiction Pudukkottai, Tamil Nadu, India
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $205.81 K (USD)
    377.6
    as on Mar 31, 2023
  • Net Profit
    $1.02 K (USD)
    179.88
    as on Mar 31, 2023
  • EBITDA
    $6.96 K (USD)
    52.06
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    15

    as on Mar 31, 2023

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Products & Services of Mahesan Chit Fund

Mahesan Chit Fund offers a comprehensive portfolio of products and services, including Chit Schemes, Customer Application, and Spot Collection. 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.

Primary

Savings and borrowing schemes for short-term liquidity needs

App for monitoring payments and buying chits securely

On-site collection of funds with transaction receipts

Funding Insights of Mahesan Chit Fund

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Mahesan Chit Fund

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mahesan Chit Fund

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mahesan Chit Fund Comparisons

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Competitors of Mahesan Chit Fund

Mahesan Chit Fund 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 Exberry and Stellar Capital, 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
Alternative trading platform for multiple assets
domain founded_year HQ Location
Online investment platform focused in securities
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mahesan Chit Fund

Frequently Asked Questions about Mahesan Chit Fund

When was Mahesan Chit Fund founded?

Mahesan Chit Fund was founded in 2015.

Where is Mahesan Chit Fund located?

Mahesan Chit Fund is headquartered in Pudukkottai, India. It is registered at Pudukkottai, Tamil Nadu, India.

How many employees does Mahesan Chit Fund have?

As of Mar 31, 2023, the latest employee count at Mahesan Chit Fund is 15.

What is the annual revenue of Mahesan Chit Fund?

Annual revenue of Mahesan Chit Fund is $205.81K as on Mar 31, 2023.

What does Mahesan Chit Fund do?

Mahesan Chit Fund Operates As A Chit Fund Company In Pudukkottai, Tamil Nadu, Offering Schemes Like 10, 15, And 20-month Plans With Values From 50,000 To 5,000,000. It Serves Individuals For Short-term Liquidity Needs Through Services Such As Spot Collections, Sms Alerts, And A Customer Application For Monitoring Payments. Aimed At Farmers, Small Businessmen, And Low-income Groups, It Promotes Financial Inclusion In Rural Areas Via Direct Collections And Digital Tools.

Who are the top competitors of Mahesan Chit Fund?

Mahesan Chit Fund's top competitors include Exberry and Stellar Capital.

What products or services does Mahesan Chit Fund offer?

Mahesan Chit Fund offers Chit Schemes, Customer Application, and Spot Collection.

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