About Shriram Chits
Shriram Chits is a company based in Chennai (India) founded in 1974. It operates as a Commission-Based. The company has 2,907 employees as of April 03, 2024. Shriram Chits offers products and services including Chit Funds. Shriram Chits operates in a competitive market with competitors including myPaisaa, Money Club, Finlok, SahaBhagi and Kanakadurga Chit funds, among others.
- Headquarter Chennai, India
- Employees 2907 as on 03 Apr, 2024
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Shriram Chits (India) Pvt Ltd
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$46.25 M (USD)21.24as on Mar 31, 2022
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Net Profit
$6.74 M (USD)67.02as on Mar 31, 2022
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EBITDA
$838.47 K (USD)149.66as on Mar 31, 2022
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
2907
as on Apr 03, 2024
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Products & Services of Shriram Chits
Shriram Chits offers a comprehensive portfolio of products and services, including Chit Funds.
Chit funds are offered for saving and borrowing.
Funding Insights of Shriram Chits
Detailed funding history for Shriram Chits
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Investments & Acquisitions by Shriram Chits
Investment portfolio details for Shriram Chits
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Financial Statements - Shriram Chits
Detailed financials for Shriram Chits
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Shriram Chits Comparisons
Peer comparison for Shriram Chits
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Competitors of Shriram Chits
Shriram Chits 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 myPaisaa, Money Club, Finlok, SahaBhagi and Kanakadurga Chit funds, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital chit fund schemes and savings plans are provided.
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Pooled savings and borrowing are facilitated by a community platform.
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Group savings are enabled via a digitized ROSCA model platform.
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SahaBhagi is a platform for managing financial self-help groups.
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Manages group savings and chit fund platforms for individual users.
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Detailed competitors of Shriram Chits
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Latest news on Shriram Chits
Complete news archive for Shriram Chits
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Frequently Asked Questions about Shriram Chits
Shriram Chits was founded in 1974.
Shriram Chits is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
As of Apr 03, 2024, the latest employee count at Shriram Chits is 2,907.
Annual revenue of Shriram Chits is $46.25M as on Mar 31, 2022.
Shriram Chits is involved in offering chit fund services as a form of saving and borrowing for various customer segments. The company operates in the financial services sector, catering to small investors, businessmen, and small-scale industrialists. Services are provided across multiple regions in India, ensuring accessibility through online payment options and branch networks. Solutions are tailored to meet the needs of the common people with low transaction costs.
Shriram Chits's top competitors include myPaisaa, Money Club and Finlok.
Shriram Chits offers Chit Funds.