Sangamam

Madurai, India Founded: 2018 • Age: 8 yrs
Sangamam is a cooperative lending firm offering personal, gold, and business loans to individuals and enterprises.

About Sangamam

Sangamam is a company based in Madurai (India) founded in 2018. It operates as a B2C. Sangamam operates in a competitive market with competitors including Sahayata Microfinance, Gandak Vinivesh Mutual Benefit Nidhi, HMRD Nidhi, APNALIFE SAVINGS NIDHI and Divyam Vikas Nidhi, among others.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹4.66 Cr

    FY 2024 · +22% YoY

  • Net Loss
    -₹4 Lakh

    FY 2024 · -1% margin

  • EBITDA
    ₹15 Lakh

    FY 2024 · 3% margin

  • Employee Count
    1

Board of directors of Sangamam Essentials Private Limited (Sangamam)

Sangamam Essentials Private Limited is the primary company behind Sangamam. The board of Sangamam Essentials Private Limited currently have 13 directors; the longest-serving is Rangan Shanmugam, appointed in 2020. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rangan Shanmugam
DIN 08803537
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Kamalakannan Kandasamy
DIN 08801877
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Santhosam Palanisamy
DIN 08803218
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Alamelu Karuppannan
DIN 08801797
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Abbay Kumar
DIN 08803543
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Veerasamy Ruban Sakravarthi
DIN 08801967
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Kandasamy Amudha
DIN 08801858
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Balamurugan Sumathi
DIN 08803171
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Karuppan Palani
DIN 08801887
Director20 Aug 20206 yrs 1 moSangamam Essentials Private Limited
Balajee
DIN 09037139
Director22 Feb 20215 yrs 7 moSangamam Essentials Private Limited
Murugesan Latha
DIN 09035439
Director22 Feb 20215 yrs 7 moSangamam Essentials Private Limited
Santhi
DIN 09035442
Director22 Feb 20215 yrs 7 moSangamam Essentials Private Limited
Raghupathy Vasanthi
DIN 09810437
Director22 Dec 20259 moSangamam Essentials Private Limited

Financials of Sangamam

Figures of Sangamam Essentials Private Limited, the primary company behind Sangamam, for FY 2024. Revenue was ₹4.66 Cr (+22% year on year). Net loss was -₹4 Lakh (-1% margin). EBITDA was ₹15 Lakh (3% margin). Revenue has grown at a compounded annual rate of +73% over three years.

  • ₹4.66 CrRevenue · FY 2024 · +22% YoY
  • -₹4 LakhNet loss · -1% margin
  • ₹15 LakhEBITDA · 3% margin
  • ₹1.44 CrPaid-up capital
  • +73%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Sangamam Essentials Private Limited are on its company page.

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Detailed financial statements for Sangamam

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Competitors of Sangamam

Sangamam 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 Sahayata Microfinance, Gandak Vinivesh Mutual Benefit Nidhi, HMRD Nidhi, APNALIFE SAVINGS NIDHI and Divyam Vikas Nidhi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sahayata.co.in1998Bengaluru, India––
Sahayata Microfinance provides diversified loan solutions to support members' financial needs.
gandaknidhi.com2018Muzaffarpur, India––
Provides comprehensive consumer and business loan solutions to its members.
hmrdnidhi.com2019Madhubani, India––
Provides comprehensive solutions for consumer and business loans to support financial needs.
apnalife.co.in2021Vaishali, India––
Vehicle, business, and other loans are extended to members.
divyamvikasnidhi.com2017Dehradun, India––
Divyam Vikas Nidhi provides gold, mortgage, and other loans for its members.
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Similar companies to Sangamam

10 companies that operate in the same segment as Sangamam (Microfinance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Microfinance banking services are offered in India by ESAF.
1992Thrissur, Kerala, IndiaUSD 111.83 MUSD 474.19 M12,520
Micro loans for businesses are offered by this NBFC.
1990Delhi, Delhi, IndiaUSD 41.25 MUSD 310.26 M15,190
Provider of microloans
2010Delhi, Delhi, India–USD 71.68 M12,403
Provider of micro-credit & insurance for low income income individuals and women
1997Secunderabad, Telangana, IndiaUSD 144.02 MUSD 208.71 M38,310
Microfinance loans are extended to low-income women entrepreneurs.
2010Ernakulam, Kerala, IndiaUSD 138.19 MUSD 251.96 M10,650
Micro loans for consumers are provided by Asirvad Microfinance.
2009Chennai, Tamil Nadu, IndiaUSD 1.75 MUSD 94.88 M16,309
Microfinance and banking services are provided to urban poor communities.
2005Bengaluru, Karnataka, IndiaUSD 238.31 MUSD 857.24 M24,370
Microcredit services are provided to rural women for financial inclusion.
2012Mumbai, Maharashtra, IndiaUSD 232.92 MUSD 49.44 M10,779
Avanti Finance is focused on providing affordable financial services.
2016Bengaluru, Karnataka, IndiaUSD 79.74 MUSD 13.6 M87
Microfinance services offering loans to low-income households in India.
1999Bengaluru, Karnataka, India–––
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Frequently Asked Questions about Sangamam

Sangamam was founded in 2018.

Sangamam is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.

Sangamam has 1 employees.

The primary company behind Sangamam, Sangamam Essentials Private Limited, reported revenue of β‚Ή4.66 Cr for FY 2024, up 22% year on year.

Sangamam sangamam is a cooperative lending firm offering personal, gold, and business loans to individuals and enterprises, focusing on offering financial products and advice, banking, facilitating loans and financing, and cooperative loans. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Sangamam's top competitors include Sahayata Microfinance, APNALIFE SAVINGS NIDHI and HMRD Nidhi.

Sangamam operates through Sangamam Essentials Private Limited.

The legal entities of Sangamam currently have 13 directors, including Balajee, Murugesan Latha, Santhi and others.

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