Listing Details : LB-17199

Investment Required 20 Crs
Turnover 26 Crs
Legal Entity Private Limited
Category Financial Services
Sub Category Fintech
Business Listed By Representative

Overview

A well-established and trusted chit fund company based in Coimbatore, Tamil Nadu, is seeking funds for expansion. Established in 2013, our company has built a strong reputation over the past decade by offering reliable and secure chit-fund services. With three operational branches in Tamil Nadu and two in Karnataka, we are proud to be recognized as one of the most dependable chit fund companies in the region. Our focus on transparency, integrity, and customer satisfaction has helped us earn the trust of more than 3,000 active customers. We maintain a robust operational framework that ensures timely payouts and smooth functioning, making us a preferred choice for individuals seeking a safe and effective savings and borrowing option. We are now planning to expand our presence by opening additional branches in other key locations across South India. To fuel this growth and meet rising customer demand, we are seeking funding support. The investment will be used to strengthen our infrastructure, enhance our digital capabilities, and expand our branch network, thereby allowing us to serve a wider customer base and increase our market presence.

Year of Establishment

2013

No. of Employees

60

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

N.A

Proposed Deal Structure

N.A

Competition / Market

Yes

Products & Services

Our company has built a strong reputation over the past decade by offering reliable and secure chit-fund services. With three operational branches in Tamil Nadu and two in Karnataka, we are proud to be recognized as one of the most dependable chit fund companies in the region.

Growth Potential

Very High

Financial Details

Contact Business