About NITYOTSAVA CHITFUND
NITYOTSAVA CHITFUND is a company based in India founded in 2020. It operates as a B2C. NITYOTSAVA CHITFUND operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
- Headquarter India
- SectorsFinancial Services
- Website nityotsavachits.com
- Legal Name Nityotsava Chitfund Private Limited
- Date of Incorporation 16 Dec, 2019
- Jurisdiction Channagiri, Karnataka, India
- Annual Revenue₹40.8 Lakh
FY 2022 · +213% YoY
- Net Profit₹6.8 Lakh
FY 2022 · 17% margin
- EBITDA₹11 Lakh
FY 2022 · 27% margin
Associated legal entities of NITYOTSAVA CHITFUND
NITYOTSAVA CHITFUND operates through Nityotsava Chit Fund Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nityotsava Chit Fund Private Limited CIN U65992KA2019PTC130682 | Active | 16 Dec 2019 | Channagiri, Karnataka | ₹0.4 Cr | – | 2 | View details |
Board of directors of Nityotsava Chit Fund Private Limited (NITYOTSAVA CHITFUND)
Nityotsava Chit Fund Private Limited is the primary company behind NITYOTSAVA CHITFUND. The board of Nityotsava Chit Fund Private Limited currently have 2 directors; the longest-serving is Arpitha Kumaranaik Naik, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arpitha Kumaranaik Naik DIN 08424962 | Director | 16 Dec 2019 | 6 yrs 9 mo | Nityotsava Chit Fund Private Limited |
| Ramesh Naik Muchal DIN 08639880 | Director | 16 Dec 2019 | 6 yrs 9 mo | Nityotsava Chit Fund Private Limited |
Financials of NITYOTSAVA CHITFUND
Figures of Nityotsava Chit Fund Private Limited, the primary company behind NITYOTSAVA CHITFUND, for FY 2022. Revenue was ₹40.8 Lakh (+213% year on year). Net profit was ₹6.8 Lakh (17% margin). EBITDA was ₹11 Lakh (27% margin).
- ₹40.8 LakhRevenue · FY 2022 · +213% YoY
- ₹6.8 LakhNet profit · 17% margin
- ₹11 LakhEBITDA · 27% margin
- ₹2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Nityotsava Chit Fund Private Limited are on its company page.
Detailed financial statements for NITYOTSAVA CHITFUND
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of NITYOTSAVA CHITFUND
NITYOTSAVA CHITFUND 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 Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | – | 39,216 | Diversified lending services are provided as a non-banking financial institution. | |
| iifl.com | 1995 | Mumbai, India | – | 16,076 | Online gold, home, personal, and business loans are provided. | |
| herofincorp.com | 1991 | Delhi, India | $274.96M | 3,446 | 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | |
| bajajfinserv.in | 2007 | Pune, India | – | 53,782 | Financial solutions including loans and insurance are offered. | |
| northernarc.com | 2006 | Chennai, India | $283.47M | 1,139 | Household and business loans are provided with risk management support. | |
| mahindrafinance.com | 1991 | Mumbai, India | $84.59M | 25,004 | Consumer and SME loans are provided by Mahindra Finance. | |
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| cholamandalam.com | 1978 | Chennai, India | – | 51,396 | Home and SME loans are provided in India. |
Detailed competitors of NITYOTSAVA CHITFUND
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Similar companies to NITYOTSAVA CHITFUND
10 companies that operate in the same segment as NITYOTSAVA CHITFUND (Venture Capital Funds), ranked by their profile score on The Company Check.
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Network connecting investors to startups, venture capital funds, and alternatives | 2013 | Jerusalem, Jerusalem District, Israel | USD 35 M | – | – | |
Venture capital firm investing in early-stage tech startups | 1972 | Menlo Park, California, United States | USD 1.2 B | – | – | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | Redwood City, California, United States | – | USD 691.23 K | – | |
Accel is recognized as a leading venture capital firm. | 1983 | Palo Alto, California, United States | – | – | – | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | Mumbai, Maharashtra, India | – | USD 3.32 M | – | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | Menlo Park, California, United States | – | – | 42 | |
Venture capital fund and startup incubator for healthcare and agricultural companies | 1993 | Misgav, Northern District, Israel | – | USD 1.99 M | 23 | |
Management consulting services are provided to organizations worldwide. | 1965 | Brisbane, Queensland, Australia | – | – | – | |
Multiple sectors are invested in by this venture capital firm. | 1987 | Sao Paulo, Brazil | – | USD 715.62 M | – | |
Early-stage startups are funded by this venture capital firm. | 2004 | Menlo Park, California, United States | – | – | – |
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Frequently Asked Questions about NITYOTSAVA CHITFUND
NITYOTSAVA CHITFUND was founded in 2020.
NITYOTSAVA CHITFUND is headquartered in India.
The primary company behind NITYOTSAVA CHITFUND, Nityotsava Chit Fund Private Limited, reported revenue of ₹40.8 Lakh for FY 2022, up 213% year on year.
NITYOTSAVA CHITFUND nityotsava chitfund offers a range of diversified personal financial services, focusing on offering financial products and advice, personal finance, financial products, and chit funds and diversified services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
NITYOTSAVA CHITFUND's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
NITYOTSAVA CHITFUND operates through Nityotsava Chit Fund Private Limited.
The legal entities of NITYOTSAVA CHITFUND currently have 2 directors, including Arpitha Kumaranaik Naik, Ramesh Naik Muchal.