Shanthala Chits

Founded: 1996 • Age: 30 yrs
Chit fund services offering savings and investment schemes in India.
Annual revenue $147,578 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Shanthala Chits

Shanthala Chits is a company founded in 1996. Shanthala Chits offers products and services including Chit Fund Schemes and Savings Plans.

Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $147.58 K (USD)
    31.12
    as on Mar 31, 2023
  • Net Profit
    $3.08 K (USD)
    119.04
    as on Mar 31, 2023
  • EBITDA
    -$55.09 K (USD)
    20.92
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Shanthala Chits

Shanthala Chits offers a comprehensive portfolio of products and services, including Chit Fund Schemes and Savings Plans.

Product name locked
Category locked
Primary

Chit fund schemes are provided to enable participative savings and regular auctions for members, allowing access to funds in financial needs.

Product name locked
Category locked
Locked

Savings plans are offered to suit salaried individuals and business owners, facilitating steady returns and habit formation through monthly contributions.

Funding Insights of Shanthala Chits

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Investments & Acquisitions by Shanthala Chits

Investments
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Investment portfolio details for Shanthala Chits

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Financial Statements - Shanthala Chits

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Shanthala Chits Comparisons

Shanthala Chits Primary company
Description
Chit fund services offering savings and investment schemes i...
Location
-
Founded Year
1996
Annual Revenue
$147.58 K (USD)
Net Profit
$3.08 K (USD)
EBITDA
-$55.09 K (USD)
Employees
Not available
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Peer comparison for Shanthala Chits

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Competitors of Shanthala Chits

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Latest news on Shanthala Chits

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Frequently Asked Questions about Shanthala Chits

Shanthala Chits was founded in 1996.

Annual revenue of Shanthala Chits is $147.58K as on Mar 31, 2023.

Shanthala Chits is identified as a registered chit fund company that operates under the Chit Fund Act of 1982, where multiple schemes are made available for participative savings among members. Fixed amounts are collected monthly, and auctions are conducted to distribute funds, with all schemes registered with the State Government to ensure security through fixed deposits. Testimonials indicate that financial support has been extended during emergencies, aiding individuals and businesses in managing crises. The company is noted for promoting regular saving habits without being influenced by market conditions, serving as a reliable option for salaried professionals and owners. Overall, it is recognized for facilitating growth and stability in finances.

Shanthala Chits offers Chit Fund Schemes and Savings Plans.

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