Vanghee - About the company
Vanghee is a seed company based in Chennai (India), founded in 2016 by Muthukumaran Ramanathan. It operates as a Digital bank for businesses. Vanghee has raised $212K in funding from ICICI Bank, with a current valuation of ₹*****. The company has 2062 active competitors, including 17 funded and 151 that have exited. Its top competitors include companies like Avanade, Allgeier and B2B Software Technologies.
Company Details
Digital bank for businesses. It offers business current accounts and also enables users can to link the traditional bank account with the platform. Allows users to upload bills and make bulk payments. Also offers bank reconciliation services for partner banks. Enables users to onboard beneficiaries, track payments and payables to vendors and communicate payment details to the beneficiaries.
- Website
- vanghee.com
- Email ID
- *****@thillais.com
- Phone Number
- +91 **********
- Registered Address
- R / 18, 7TH CROSS, PALLAVAN NAGAR, THIRUVERKADU, CHENNAI, Tamil Nadu, India, 600077
Key Metrics
Founded Year
2016
Location
Chennai, India
Stage
Seed
Total Funding
$212K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 27, 2021
Investors
Ranked
48th among 2062 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
6 as on Aug 31, 2026
Legal entities associated with Vanghee
Vanghee is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
THILLAIS ANALYTICAL SOLUTIONS PRIVATE LIMITED CIN: U72900KA2020PTC140178 , India, Active | Oct 23, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 34 (As on Dec 31, 2024) | |
THILLAIS CONSULTING SOLUTIONS PRIVATE LIMITED CIN: U72900TN2012PTC089032 , India, Active | Dec 18, 2012 | 0 - ₹10 Cr (As on Mar 31, 2020) | 23 (As on Jul 31, 2024) |
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Vanghee's funding and investors
Vanghee has raised a total funding of $212K over 2 rounds. Its first funding round was on Mar 01, 2021. Its latest funding round was a Angel round on Oct 27, 2021 for $*****. 5 investors participated in its latest round. Vanghee has 4 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Vanghee:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 27, 2021 | 5834959 | Angel | 2888484 | 6243872 | 5917163 | 2155488 |
Mar 01, 2021 | 3486011 | Seed | 6015757 | 7140889 |
View details of Vanghee's funding rounds and investors
Vanghee's founders and board of directors
Founder? Claim ProfileThe founders of Vanghee is Muthukumaran Ramanathan.
Here are the details of Vanghee's key team members:
- Muthukumaran Ramanathan: Founder of Vanghee and founder of 3 other companies, ThillaiS, CFS Healthcare and CFS Healthcare Service. They serve on the boards of 2 companies.
Vanghee's Board of Directors
Vanghee's board has 2 active members. Muthukumaran Ramanathan is part of team and Vallikan Ramakrishnan is independent board member.Here is the list of Vanghee's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 11m | |
Independent board member | - | Current | 5y 11m |
View details of Vanghee's Founder profiles and Board Members
Vanghee's employee count trend
Vanghee has 6 employees as of Aug 26. Here is Vanghee's employee count trend over the years:
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Vanghee's Competitors and alternates
Top competitors of Vanghee include Avanade, Allgeier and B2B Software Technologies. Here is the list of Top 10 competitors of Vanghee, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Avanade 2000, Seattle (United States), Unfunded | Provider of Microsoft platform-based business solutions, consultancy, and managed services | - | - | 59/100 |
2nd | Provider of software and IT services for digital transformation solutions | - | 52/100 | ||
3rd | B2B Software Technologies 1994, Hyderabad (India), Public | Provider of Microsoft Dynamics ERP solutions and implementation services | - | - | 51/100 |
4th | The Hackett Group 1997, Miami (United States), Public | Provides ERP services | - | - | 50/100 |
5th | Netforce ERP 2008, Bangkok (Thailand), Funding Raised | Open source ERP software supplier | - | 49/100 | |
6th | Enprise 2002, Auckland (New Zealand), Public | ERP Implementation services provider | $2M | 47/100 | |
7th | Provider of digital transformation, blockchain, IT consulting, and other services | - | - | 47/100 | |
8th | Shanghai Hande Information Technology 1996, Shanghai (China), Public | ERP consulting and implementation services | - | 47/100 | |
9th | Mercurius IT 2005, Milton Keynes (United Kingdom), Unfunded | Provider of application development, IT infra, and consulting services | - | - | 47/100 |
10th | Provider of ERP implementation services | - | - | 46/100 | |
48th | Digital bank for businesses | $212K | 38/100 |
Looking for more details on Vanghee's competitors? Click here to see the top ones
Vanghee's Investments and acquisitions
Vanghee has made no investments or acquisitions yet.
Reports related to Vanghee
Here is the latest report on Vanghee's geography:
News related to Vanghee
•
ICICI Acquiring 9.65% Stake in Thillais Analytical Solutions That Operates Neo-Banking Platform 'Vanghee'IndianWeb2•Feb 20, 2021•Vanghee, Thillai, ICICI Bank
•
ICICI Bank to take 9.65% stake in fintech Thillais Analytical SolutionsRetailbankerinternational•Feb 17, 2021•Vanghee, ThillaiS, ICICI Bank
•
ICICI Bank to buy stakes in two fintech companies for Rs 6.03 crTimes Now News•Feb 17, 2021•CityCash, Vanghee, ICICI Bank
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