Samhita Development Network

Bhopal, India Founded: 2007 • Age: 19 yrs
Social communities are supported and networked by the foundation.
Annual revenue $1.7M Latest available
Total funding - 1 rounds
Employees 234 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Samhita Development Network

Samhita Development Network is a company based in Bhopal (India) founded in 2007 by Balachander Krishnamurthy and Praseeda Kunam. The company has 234 employees as of April 06, 2024. Samhita Development Network offers products and services including Micro Credit and Financial Literacy.

  • Headquarter Bhopal, India
  • Employees 234 as on 06 Apr, 2024
  • Founders Balachander Krishnamurthy, Praseeda Kunam
  • Sectors
    Government & Social Sector
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Samhita Community Development Services
  • Date of Incorporation 28 Sep, 2007
  • Jurisdiction Bhopal, Madhya Pradesh, India
Operational Areas
Government & Social Sector → Charitable & Nonprofit Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.67 M (USD)
    -8.95
    as on Mar 31, 2023
  • Net Profit
    $33.87 K (USD)
    34.27
    as on Mar 31, 2023
  • EBITDA
    $235.53 K (USD)
    -6.52
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    234

    as on Apr 06, 2024

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Products & Services of Samhita Development Network

Samhita Development Network offers a comprehensive portfolio of products and services, including Micro Credit and Financial Literacy.

Product name locked
Category locked
Primary

Small loans are offered to support microenterprises in disadvantaged communities.

Product name locked
Category locked
Locked

Education on budgeting and savings is provided to enhance financial management in poor communities.

Funding Insights of Samhita Development Network

Investors in Samhita Development Network

Samhita Development Network has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Unitus.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital is directed toward social impact investments.
Locked Locked Locked
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Investor details for Samhita Development Network

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Investments & Acquisitions by Samhita Development Network

Investments
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Investment portfolio details for Samhita Development Network

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Financial Statements - Samhita Development Network

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Detailed financials for Samhita Development Network

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Samhita Development Network Comparisons

Samhita Development Network Primary company
Description
Social communities are supported and networked by the founda...
Location
Bhopal, India
Founded Year
2007
Annual Revenue
$1.67 M (USD)
Net Profit
$33.87 K (USD)
EBITDA
$235.53 K (USD)
Employees
234
As of 2024
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Peer comparison for Samhita Development Network

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Competitors of Samhita Development Network

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Latest news on Samhita Development Network

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Frequently Asked Questions about Samhita Development Network

Samhita Development Network was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Samhita Development Network is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.

Praseeda Kunam is the current CEO of Samhita Development Network. They have also founded this company.

As of Apr 06, 2024, the latest employee count at Samhita Development Network is 234.

Annual revenue of Samhita Development Network is $1.67M as on Mar 31, 2023.

Samhita Development Network was established in 2007 in Bhopal, India, as a foundation dedicated to social development. Emphasis is placed on building and strengthening community networks within the non-profit sector. Operations involve facilitating connections and resources for social initiatives. Geographic activities are centered in India, with co-founders leading efforts in community-focused programs.

Samhita Development Network offers Micro Credit and Financial Literacy.

Samhita Development Network has 1 investor. Key investors include Unitus.

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