myPaisaa (Fintech)
Financial ServicesTelangana, India51-200 Employees
myPaisaa, based in Kondapur, Telangana, is a regulated digital chit platform within the financial services sector, aiming to modernize one of India's oldest community-based savings systems. It combines a digital-first customer app with physical Seva Kendras across Telangana, Andhra Pradesh and Karnataka in an omnichannel model. The company pursues a B2B2C approach under its Chit as a Service model, enabling partnerships to extend reach and access. The service targets households and micro-entrepreneurs who participate in chit funds, offering a regulated alternative to informal arrangements. All chits are registered under the Chit Funds Act of 1982 and operate under regulatory supervision, with more than 2.54 lakh registered users, more than 50 thousand transacting users, and more than 450 partners.