About Margadarsi Chit Fund
Margadarsi Chit Fund is a company based in Hyderabad (India) founded in 1962. It operates as a B2C. The company has 737 employees as of October 31, 2024. Margadarsi Chit Fund operates in a competitive market with competitors including Kannattu, Saya Nidhi, Smart Nidhi Finance, Jodhpur Gramin Nidhi and ERNAD NIDHI, among others.
- Headquarter Hyderabad, India
- Employees 737 as on 31 Oct, 2024
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$96.57 M (USD)0as on Mar 31, 2023
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
737
as on Oct 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Margadarsi 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 Margadarsi Chit Fund
| 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 - Margadarsi 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 |
Margadarsi Chit Fund Comparisons
Competitors of Margadarsi Chit Fund
Margadarsi 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 Kannattu, 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 |
Offers gold loans, insurance, travel services, and money transfer in India.
|
|
| domain | founded_year | HQ Location |
Financial company providing deposits, loans, saving accounts, and schemes for members in India.
|
|
| domain | founded_year | HQ Location |
Operates as a cooperative firm offering consumer loans.
|
|
| domain | founded_year | HQ Location |
Jodhpur Gramin Nidhi provides gold, mortgage, daily, and other loan services to members.
|
|
| domain | founded_year | HQ Location |
Provides loans, deposits, and savings schemes to members in India.
|
| 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 Margadarsi Chit Fund
Frequently Asked Questions about Margadarsi Chit Fund
When was Margadarsi Chit Fund founded?
Margadarsi Chit Fund was founded in 1962.
Where is Margadarsi Chit Fund located?
Margadarsi Chit Fund is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Margadarsi Chit Fund have?
As of Oct 31, 2024, the latest employee count at Margadarsi Chit Fund is 737.
What is the annual revenue of Margadarsi Chit Fund?
Annual revenue of Margadarsi Chit Fund is $96.57M as on Mar 31, 2023.
What does Margadarsi Chit Fund do?
Margadarsi Chit Fund, founded in 1962 in Hyderabad, India, focuses on finance, banking, facilitating loans and financing, and cooperative funds. Functions as a cooperative lending company providing financial services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Margadarsi Chit Fund?
Margadarsi Chit Fund's top competitors include Kannattu, Saya Nidhi and ERNAD NIDHI.