Mr. Sridhar Alampalli promoted Shanthala Chits during the year 1996. This is a company registered under the Chit Fund Act, 1982.
With a resolve to build an institution based upon the two important traits required in the success of any savings institution: Trust and Sincerity, Shanthala Chits has grown into a trusted and sought after savings vehicle over the years. The company has built a sizeable list of loyal members.
Swarup Sridhar is all geared to rejuvenate the industry with his innovative and enterprising solutions, adding fresh perspective and providing new directions to increase market share.
Ably assisted by Ms. Sridevi Sridhar and K.S. Venkatesh kumar , Shanthala Chits has grown in to a strong tree with deep roots – supported by its loyal and satisfied customers.
Shanthala Chits is reputed for its prompt service and speedy disbursals of payments.
Mr. Sridhar Alampalli, Chairman of Shanthala Chits Pvt Ltd has had over four decades experience in business and commercial activities. Having begun his career as a procurement Manager with a Steel major, he later became the owner of a successful White Goods retail chain. He later launched a consultancy firm as lead consultant, facilitating the registration of patents, trademarks and copyrights. This rich experience brought him into a contact sphere which encompassed working individuals and professionals. He had developed the skills required by an investment counselor.Spotting an opportunity in setting up a Registered Chit Fund, he launched Shanthala Chits during 1996. Having built up a social image which embraced the qualities of integrity, trust and sincerity, he has built the Chit Company into a 1000+ strong community of savers. As an active leader and participant in many social networking groups like BNI and MILT, he has also been actively involved in philanthropic activities as he is a motivated individual who wants to give back to society what society has given him.
A graduate from Bangalore, Mr. Swarup Sridhar has handled Samagra Consumex Pvt Ltd, an associate of Spice Telecom for over 2 years. Being a business hardened multi-tasking technocrat, he not only started developing Electro visuals with Mr. Alampalli but also simultaneously started Evee Telecom, a franchisee of Airtel and Rapid Tankclean Services, a franchisee of Tanclean and Concept Packaging Industries. Now at Shanthala Chits Pvt.Ltd., he is all geared to rejuvenate the industry with his innovative and enterprising solutions, adding fresh perspective and providing new directions to increase market share.