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ChitMonks

Gachibowli · FinTech · Seed

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

fintechblockchainchit-fundsfinancial-inclusionb2b-saasgovtechb2b

Founded

2016 (Incorporated February 2016)

Total Funding

$762K+ (Seed Rounds)

Core 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

Pavan Adipuram(Co-founder & CEO)
Malla Reddy Chitti(Co-founder & CTO)
Sridhar Reddy Uppula(Co-founder & CIO)

Catalyst A, T-Hub Building, IIIT-H Campus, Gachibowli, Hyderabad, Telangana 500032

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