About Qonect
Qonect is a Healthcare company based in Churachandpur (India) founded in 2018 by Lian Thangvung. Healthcare financing is provided through an online credit platform. It operates in the Healthcare and Financial Services sectors. Its chief executive, as recorded, is Lian Thangvung. Its Indian entity Thangvung Privilege Services Private Limited reported revenue of ₹19 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Arogya Finance, CareCover and Raksha Health; 1 of its 3 listed competitors has raised funding.
Company details
Qonect was founded in 2018 in Churachandpur, India, operating as a digital platform in the healthcare financing sector. Medical bills are financed using credit cards with set limits. Additional services include health insurance coverage and discounts for medical costs. The platform is supported on Android and iOS applications for user access.
- Headquarters Churachandpur, India
- Founders Lian Thangvung
- SectorsHealthcareFinancial Services
- Email••••••••
- Website tpsqonect.com
- Social LinkedIn
- Legal Name Thangvung Privilege Services Private Limited
- Date of Incorporation 13 Jun, 2018
- Jurisdiction Churachandpur, Manipur, India
- Annual Revenue₹19 Lakh
FY 2025 · +52% YoY
- Net Profit₹6.1 Lakh
FY 2025 · 32% margin
- EBITDA₹7.4 Lakh
FY 2025 · 39% margin
Associated legal entities of Qonect
Qonect operates through Thangvung Privilege Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thangvung Privilege Services Private Limited CIN U74999MN2018PTC013689 | Active | 13 Jun 2018 | Churachandpur, Manipur | ₹0.2 Cr | 2 | View details |
Board of directors of Thangvung Privilege Services Private Limited (Qonect)
Thangvung Privilege Services Private Limited is the primary company behind Qonect. The board of Thangvung Privilege Services Private Limited currently have 2 directors; the longest-serving is Lian Thangvung, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lian Thangvung DIN 08156621 | Director | 13 Jun 2018 | 8 yrs 4 mo | Thangvung Privilege Services Private Limited |
| Jubilee Lalneihnem DIN 09201731 | Director | 14 Jun 2021 | 5 yrs 4 mo | Thangvung Privilege Services Private Limited |
People of Qonect
1 people are tracked at Qonect (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Qonect
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Financials of Qonect
Figures of Thangvung Privilege Services Private Limited, the primary company behind Qonect, for FY 2025. Revenue was ₹19 Lakh (+52% year on year). Net profit was ₹6.1 Lakh (32% margin). EBITDA was ₹7.4 Lakh (39% margin). Revenue has grown at a compounded annual rate of +14% over three years and +19% over five years.
- ₹19 LakhRevenue · FY 2025 · +52% YoY
- ₹6.1 LakhNet profit · 32% margin
- ₹7.4 LakhEBITDA · 39% margin
- ₹1 LakhPaid-up capital
- +14%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thangvung Privilege Services Private Limited are on its company page.
Detailed financial statements for Qonect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Qonect
Qonect has 3 listed competitors in our database, 1 of them funded. They include Arogya Finance, CareCover and Raksha Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arogyafinance.com | 2011 | Mumbai, India | $988,463 | Medical loans are extended to unbankable individuals and families. | ||
| carecover.in | 2015 | Noida, India | 46 | Healthcare expenses are financed via a specialized credit card. | ||
| rakshacard.com | 2019 | Hyderabad, India | 5 | Membership-based health cards for medical discounts are offered. |
Detailed competitors of Qonect
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- Full competitor set
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Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as Qonect (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Frequently Asked Questions about Qonect
Qonect was founded in 2018.
Qonect is headquartered in Churachandpur, India. It is registered at Churachandpur, Manipur, India.
Lian Thangvung is the CEO of Qonect, as recorded in our data. They have also founded this company.
The primary company behind Qonect, Thangvung Privilege Services Private Limited, reported revenue of ₹19 Lakh for FY 2025, up 52% year on year.
Qonect was founded in 2018 in Churachandpur, India, operating as a digital platform in the healthcare financing sector. Medical bills are financed using credit cards with set limits. Additional services include health insurance coverage and discounts for medical costs. The platform is supported on Android and iOS applications for user access.
Qonect's top competitors include Arogya Finance, Raksha Health and CareCover.
Qonect operates through Thangvung Privilege Services Private Limited.
The legal entities of Qonect currently have 2 directors, including Lian Thangvung, Jubilee Lalneihnem.