Kerala-based Kalpetta Janakshema Maruthi Chits Pvt Ltd opened its first branch in the State at Abids here on Wednesday.
“We have over two lakh subscriber base with Rs 36 crore turnover a year and are keen on expanding our presence further in Andhra Pradesh,'' Mr A. Pushparaj, Director, Maruthi Chits, said in a release.
Another branch would be opened in Vijayawada on Thursday, he added.