ICICI Bank to buy over 9% stake in fintech startup Thillais Analytical Solutions

New Delhi: ICICI Bank NSE 0.01 % Ltd. has entered into an agreement with fintech startup Thillais Analytical Solutions Pvt. Ltd. to buy 9.65% stake in the company.

Thillais Analytical Solutions operates a neo-banking platform Vanghee, which facilitates connected banking solutions for corporates and micro, small and medium enterprises (MSMEs) and helps banks deepen their customer relationships.