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Intellihealth Solutions Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.31 Cr
▼ 17% YoY
Net loss · FY 2025
₹119.99 Cr
Latest filing
EBITDA · FY 2025
-₹80.81 Cr
Latest filing
Authorised capital
₹1.78 Cr
Registered with MCA
Paid-up capital
₹1.47 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
286
Provident fund records
Directors on board
2
As per MCA filings
About Intellihealth Solutions Private Limited
Data last updated:
Intellihealth Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 01 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62099MH2019PTC320566. Its GSTIN is 27AAFCI1595L1Z4 (Maharashtra). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹1.78 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors Akshat Ashok Nayyar and Kunal Nalin Wani.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.31 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹119.99 Cr and EBITDA of -₹80.81 Cr. Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 54% over five years.
The company has about 286 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Truemeds. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 15 deals on record (8 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹916.71 Cr; the latest was in June 2025. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Chawla FMCG Distributors Private Limited with revenue of ₹8.32 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 484 overdue payments to 77 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truemeds.in.
Company details
CIN U62099MH2019PTC320566
Registration Number 320566
Incorporation Date 01 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Intellihealth Solutions has one previous CIN (Corporate Identification Number): U85320MH2019PTC320566. The current CIN is U62099MH2019PTC320566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099MH2019PTC320566 | Current |
| U85320MH2019PTC320566 | Previous |
Recognitions & Rankings of Intellihealth Solutions
Contact details
Intellihealth Solutions Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Apps
- Registered AddressUnit – 301&304 Lightbridge Tunga Village, Saki Vihar Rd Chandivali Powai, Mumbai, Maharashtra, India – 400072
- IndustryPharma, Pharmaceutical Retailers & Distributors
Comprehensive company report
Intellihealth Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Intellihealth Solutions operates one associated brand: Truemeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an online pharmacy and telehealth platform | truemeds.in |
Business activity
The main business activity of Intellihealth Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Intellihealth Solutions Private Limited, buy the company report.
Financials of Intellihealth Solutions Private Limited
FY 2024 filings availableIntellihealth Solutions Private Limited reported revenue of ₹8.31 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹8.31 Cr ▼ 17%
Net loss · FY 2025
₹119.99 Cr
EBITDA · FY 2025
-₹80.81 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 46%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▼ 294%
3 years · compounded
▼ 59%
5 years · compounded
▼ 166%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 294% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹80.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹119.99 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Intellihealth Solutions Private Limited, buy the company report.
Board of directors of Intellihealth Solutions Private Limited
Intellihealth Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshat Ashok Nayyar Also directs: Ankw Pharma Retail Private Limited | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Kunal Nalin Wani Also directs: Ankw Pharma Retail Private Limited | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Intellihealth Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chawla FMCG Distributors Private Limited | ₹8.32 Cr (FY 2025) | -42.0% | Bhopal, Madhya Pradesh, India | |||
| Nimad Farmers Producer Company Limited | ₹8.32 Cr (FY 2024) | 78.0% | Rajpur, Madhya Pradesh, India | |||
| Excellence Business Hub Private Limited | ₹8.32 Cr (FY 2019) | -16.0% | Mumbai, Maharashtra, India | |||
| Navya Impex Private Limited | ₹8.32 Cr (FY 2025) | 159.0% | Surat, Gujarat, India | |||
| KS Distributors Private Limited | ₹8.32 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Intellihealth Solutions Private Limitedthis company | ₹8.31 Cr (FY 2025) | -₹119.99 Cr | -17.0% | Mumbai, Maharashtra, India | ||
| Hardee Overseas Private Limited | ₹8.31 Cr (FY 2016) | 63.0% | Ambheta, Gujarat, India | |||
| Exotic Packaging and Marketing Private Limited | ₹8.31 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Ratnashil Online Services Private Limited | ₹8.31 Cr (FY 2024) | 88.0% | Faridabad, Haryana, India | |||
| Serchebon Implantswiss India Private Limited | ₹8.31 Cr (FY 2025) | 31.0% | Nagpur, Maharashtra, India | |||
| Scitex Pharmaceuticals Private Limited | ₹8.31 Cr (FY 2024) | 2985.0% | Medchal, Telangana, India |
To see the full peer comparison of Intellihealth Solutions Private Limited, buy the company report.
Deals & funding
Intellihealth Solutions Private Limited has 15 deals on record (8 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹916.71 Cr; the latest was in June 2025.
Total deals
15
Funding rounds
8
Secondary share transfers
6
Convertible or debt financing
1
Disclosed funding
₹916.71 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners Seller: 2 individuals |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners, Asha Ventures Seller: Carnation Realcon Private Limited , 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Westbridge Capital Partners Seller: J.K.Traders Limited , The Knowledge Company, 2 individuals |
| Feb 2022 | Funding round · Series B | ₹147.48 Cr | Investors: Westbridge Capital Partners, Info Edge Ventures, Asha Ventures |
| May 2021 | Funding round · Series A | ₹34.5 Cr | Investors: Info Edge Ventures, Asha Ventures, Indian Angel Network Fund |
To see the full deal history of Intellihealth Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Intellihealth Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed against the company by State of Maharashtra Through Shri S P Yadav Drugs Inspector | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Intellihealth Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Intellihealth Solutions Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 484 overdue payments to 77 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahaveer Medicare | |||
| Kazen Barcode Private Limited | |||
| Milton Generic Private Limited | |||
| an individual supplier | |||
| JMD Medicare LLP |
To see the full MSME payment records of Intellihealth Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Intellihealth Solutions has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI1595L1Z4 | Maharashtra | Active | 15 Mar 2019 |
| 27AAFCI1595L2Z3 | Maharashtra | Active | 01 May 2023 |
| 19AAFCI1595L1Z1 | West Bengal | Active | 26 Oct 2021 |
| 07AAFCI1595L1Z6 | Delhi | Active | 02 Mar 2022 |
To see the full GST registrations and return filing status of Intellihealth Solutions Private Limited, buy the company report.
Recent activity
Intellihealth Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Aditi Gupta ceased to be Director on 28 Mar 2022.
AGM
Intellihealth Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Intellihealth Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Aditi Gupta ceased to be Director.
Ceased
Rajnish Kapur ceased to be Additional Director.
Appointed
Akshat Ashok Nayyar was appointed as Director.
Appointed
Kunal Nalin Wani was appointed as Director.
Incorporation
01 Feb 2019
Intellihealth Solutions Private Limited was registered on 01 Feb 2019 with Roc Mumbai & aged 7 years 8 months as per MCA records.
News
Frequently asked questions
Intellihealth Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 01 February 2019 (7+ years old) and is registered under CIN U62099MH2019PTC320566.
Intellihealth Solutions has 2 current directors:
- Akshat Ashok Nayyar - Director
- Kunal Nalin Wani - Director
The latest financial statements of Intellihealth Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Intellihealth Solutions is 27AAFCI1595L1Z4, registered in Maharashtra. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 27AAFCI1595L2Z3 (Maharashtra), 19AAFCI1595L1Z1 (West Bengal), 07AAFCI1595L1Z6 (Delhi).
The CIN (Corporate Identification Number) of Intellihealth Solutions is U62099MH2019PTC320566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intellihealth Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Intellihealth Solutions was incorporated on 01 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Intellihealth Solutions has 15 deals on record (8 funding rounds, 6 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹916.71 Cr; the latest was in June 2025.
The peers of Intellihealth Solutions by revenue are Chawla FMCG Distributors Private Limited, Nimad Farmers Producer Company Limited, Excellence Business Hub Private Limited, Navya Impex Private Limited, KS Distributors Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Aditi Gupta ceased to be Director on 28 Mar 2022. Rajnish Kapur ceased to be Additional Director on 26 Jul 2021. Akshat Ashok Nayyar was appointed as Director on 01 Feb 2019. Intellihealth Solutions has 4 board changes on record in total.
Yes, Intellihealth Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Intellihealth Solutions has 6 MSME Form 1 returns on record between 2022 and 2024, listing 484 overdue payments to 77 micro and small suppliers. The latest return was filed on 04 Jul 2024.
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