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 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $22,720
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First Round
First Round
(27 Oct 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Angel Round - Vanghee | Valuation | Marvin Mahendra Chhatrala |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MM
Marvin Mahendra Chhatrala |
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Founded Year | Domain | Location |
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VD
Vijaybhai Doshi |
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Founded Year | Domain | Location |
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AS
Ashish Singhal |
Co-founder & CEO of CoinSwitch, leading crypto investor, active angel
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vanghee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vanghee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vanghee Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tide is recognized as a digital banking platform for businesses.
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| domain | founded_year | HQ Location |
A platform is operated for streamlining business payments and invoicing.
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| domain | founded_year | HQ Location |
Provider of banking, lending, insurance, and transaction management solutions for small businesses
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| domain | founded_year | HQ Location |
Provider of application development, cloud, cybersecurity, and other services
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| domain | founded_year | HQ Location |
Neobanking and business intelligence platforms are offered to SMEs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vanghee
Frequently Asked Questions about Vanghee
When was Vanghee founded?
Vanghee was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Vanghee located?
Vanghee is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Vanghee a funded company?
Vanghee is a funded company, having raised a total of $22.72K across 1 funding round to date. The company's 1st funding round was a Angel Round of $22.72K, raised on Oct 27, 2021.
How many employees does Vanghee have?
As of Mar 30, 2024, the latest employee count at Vanghee is 37.
What is the annual revenue of Vanghee?
Annual revenue of Vanghee is $500.64K as on Mar 31, 2023.
What does Vanghee do?
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.
Who are Vanghee's investors?
Vanghee has 5 investors. Key investors include Marvin Mahendra Chhatrala, Vijaybhai Doshi, Ashish Singhal, Meenu Singhal, and Ashish Singhal.
What is Vanghee's valuation?
The valuation of Vanghee is $1.59M as of Oct 2021.