Blockchain-powered digital infrastructure and operating ecosystem for registered chit funds
About
ChitMonks (by Pangean Global Services) is a fintech and blockchain infrastructure platform dedicated to digitalizing and regulating the traditional chit fund industry. Incubated at T-Hub, ChitMonks provides a decentralized trust network (ChitFunds 2.0 and ChitPe) connecting chit fund companies, state regulators, banks, and subscribers to enable automated online auctions, compliance tracking, and transparent digital collections.
Tags
Founded
2016 (Incorporated February 2016)
Total Funding
$762K+ (Seed Rounds)
Key Investors & Accelerators
Unicorn India Ventures, Bharat Inclusion Seed Program (CIIE.CO), T-HubCore Product Suite
ChitFunds 2.0 (Blockchain regulatory & fund management platform) and ChitPe (Smart payment collections for subscribers)
Legal Entity (India)
PANGEAN GLOBAL SERVICES PRIVATE LIMITED (CIN: U74120TG2016PTC103015)
Government Implementations
Powers the state-wide blockchain-regulated chit fund management portal for the Government of Telangana and partner state registries
Team
Office
DirectionsCatalyst A, T-Hub Building, IIIT-H Campus, Gachibowli, Hyderabad, Telangana 500032