About Vanghee
Vanghee is a company based in Chennai (India) founded in 2016 by Muthukumaran Ramanathan. Vanghee has raised $22.72 thousand across 1 funding round from investors including Marvin Mahendra Chhatrala, Vijaybhai Doshi and Ashish Singhal. The company has 37 employees as of March 30, 2024. Vanghee operates in a competitive market with competitors including Tide, Open, Chqbook, SAVIC and ZikZuk, among others.
- Headquarter Chennai, India
- Employees 37 as on 30 Mar, 2024
- Founders Muthukumaran Ramanathan
- Stage Minicorn
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Sectors
Business ServicesFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Thillais Analytical Solutions Private Limited
- Date of Incorporation 23 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$500.64 K (USD)50.45as on Mar 31, 2023
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Net Profit
-$102.52 K (USD)35.65as on Mar 31, 2023
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EBITDA
-$31.19 K (USD)91.7as on Mar 31, 2023
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Total Equity Funding
$22.72 K (USD)
in 1 rounds
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Latest Funding Round
$22.72 K (USD), Angel Round
Oct 27, 2021
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Investors
& 4 more
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Employee Count
37
as on Mar 30, 2024
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Funding Insights of Vanghee
Vanghee has successfully raised a total of $22.72K through 1 strategic funding round. The most recent funding activity was a Angel Round of $22.72 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Vanghee
Vanghee has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Marvin Mahendra Chhatrala, Vijaybhai Doshi and Ashish Singhal.
| Investor | Description | Founded Year | Domain | Location |
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Marvin Mahendra Chhatrala |
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Vijaybhai Doshi |
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Ashish Singhal |
Co-founder & CEO of CoinSwitch, leading crypto investor, active angel
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Locked | Locked | Locked |
Investor details for Vanghee
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Investments & Acquisitions by Vanghee
Investment portfolio details for Vanghee
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Financial Statements - Vanghee
Detailed financials for Vanghee
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Vanghee Comparisons
Peer comparison for Vanghee
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Competitors of Vanghee
Vanghee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tide, Open, Chqbook, SAVIC and ZikZuk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tide is recognized as a digital banking platform for businesses.
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A platform is operated for streamlining business payments and invoicing.
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Provider of banking, lending, insurance, and transaction management solutions for small businesses
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Provider of application development, cloud, cybersecurity, and other services
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Neobanking and business intelligence platforms are offered to SMEs.
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Detailed competitors of Vanghee
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Vanghee
Complete news archive for Vanghee
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Frequently Asked Questions about Vanghee
Vanghee was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Vanghee is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vanghee is a funded company, having raised a total of $22.72K across 1 funding round to date.
As of Mar 30, 2024, the latest employee count at Vanghee is 37.
Annual revenue of Vanghee is $500.64K as on Mar 31, 2023.
Founded in 2016 in Chennai, India, Vanghee operates in the fintech sector as a digital bank tailored for businesses. Business current accounts are offered, along with the ability to link traditional bank accounts to the platform. Bills can be uploaded for bulk payments, and bank reconciliation services are provided for partner banks. Beneficiaries are onboarded, payments and payables to vendors are tracked, and payment details are communicated directly to recipients.
Vanghee has 5 investors. Key investors include Marvin Mahendra Chhatrala, Vijaybhai Doshi, Ashish Singhal, Meenu Singhal, and Ashish Singhal.
The valuation of Vanghee is $1.59M as of Oct 2021.