About Saigeware Technologies Private Limited
Data last updated:
Saigeware Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 27 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC131070. Its GSTIN is 29ABDCS1533P1ZW (Karnataka).
The company has an authorised share capital of ₹22.5 Lakh and a paid-up capital of ₹18.14 Lakh. It is led by directors Prasad Venkata Raghavendra Panchangam and Sudarshan Umesh Shanbhag.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1923 30th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.28 Lakh (net margin 15%) and EBITDA of ₹18.4 Lakh (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The company is associated with 1 brand: Saigeware Technologies. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.88 Cr; the latest was in October 2020. Its 10 peer companies in the Healthcare industry (Healthcare Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Careclues Technologies Private Limited with revenue of ₹1.13 Cr.
For more details, the company can be reached via its website saigeware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1923 30th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Saigeware Technologies Private Limited
The main business activity of Saigeware Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saigeware Technologies Private Limited FY 2025 filings available
Saigeware Technologies Private Limited reported revenue of ₹1.09 Cr (up 165% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saigeware Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 90% over three years, including 165% growth in the latest year. EBITDA rose 796% 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 of Saigeware Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹18.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.28 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Saigeware Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saigeware Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saigeware Technologies Private Limited
Saigeware Technologies Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Careclues Technologies Private Limited | ₹1.13 Cr (FY 2022) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Mediimpact Healthcare Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore South, Karnataka, India |
| Ainqa QDM Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -83.0% | •••• | Coimbatore, Tamil Nadu, India |
| Techizer Tech Solutions Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -69.0% | •••• | Kandivali East, Maharashtra, India |
| Sansys Informatics Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Saigeware Technologies Private Limited this company | ₹1.09 Cr (FY 2025) | •••• | •••• | 165.0% | •••• | Bangalore, Karnataka, India |
| Workolix Healthcare Private Limited | ₹1.08 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Banglore, Karnataka, India |
| Briota Technologies Private Limited | ₹1.07 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Haveli, Maharashtra, India |
| Norah Clinical Solution (India) Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Bhubaneswar, Orissa, India |
| Patpro Health Connect Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Golconda, Telangana, India |
| Triquetra Healthcare and Technology Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Saigeware Technologies by revenue in the Healthcare industry (Healthcare Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saigeware Technologies Private Limited
Saigeware Technologies Private Limited is audited by A S P R & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S P R & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saigeware Technologies Private Limited
Saigeware Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Venkata Raghavendra Panchangam Also directs: Cloudxim Technologies India Private Limited | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Sudarshan Umesh Shanbhag Also directs: Yagashop India Private Limited, Injoyfun Technology Private Limited, Earnjoy Technology Private Limited and 2 more | Director | 10 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Saigeware Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saigeware Technologies Private Limited
Saigeware Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Saigeware Technologies Private Limited
Saigeware Technologies Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.88 Cr; the latest was in October 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Funding round · Seed | ₹1.88 Cr | Investors: Ideaspring Capital, 2 individuals |
| Sep 2020 | Rights issue | ₹6.4 Lakh | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Saigeware Technologies Private Limited
Saigeware Technologies operates one associated brand: Saigeware Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based decision support tool for cardiac and pulmonary practices | saigeware.com |
Employees and EPFO Compliance at Saigeware Technologies Private Limited
Employment history and EPFO contributions of people linked to Saigeware Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saigeware Technologies Private Limited
Saigeware Technologies Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Sudarshan Umesh Shanbhag ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Saigeware Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saigeware Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saigeware Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saigeware Technologies Private Limited
Saigeware Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS1533P1ZW | Karnataka | Active | 01 Sep 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saigeware Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saigeware Technologies Private Limited
Saigeware Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 27 December 2019 (7+ years old) and is registered under CIN U74999KA2019PTC131070.
Saigeware Technologies reported revenue of ₹1.09 Cr for FY 2025 (up 165% YoY).
Saigeware Technologies has 2 current directors:
- Prasad Venkata Raghavendra Panchangam - Director
- Sudarshan Umesh Shanbhag - Director
Saigeware Technologies reported a net profit of ₹16.28 Lakh (net margin 15%) and EBITDA of ₹18.4 Lakh (EBITDA margin 16.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saigeware Technologies is 90% over three years. In the latest year (FY 2025) revenue rose 165%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saigeware Technologies is 29ABDCS1533P1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Saigeware Technologies is U74999KA2019PTC131070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saigeware Technologies was incorporated on 27 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Saigeware Technologies has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.88 Cr; the latest was in October 2020.
The peers of Saigeware Technologies by revenue are Careclues Technologies Private Limited, Mediimpact Healthcare Private Limited, Ainqa QDM Private Limited, Techizer Tech Solutions Private Limited, Sansys Informatics Private Limited and 5 more, all in the Healthcare industry (Healthcare Technology).
Sudarshan Umesh Shanbhag ceased to be Additional Director on 29 Sep 2023. Naganand Doraswamy ceased to be Nominee Director on 10 Feb 2023. Sudarshan Umesh Shanbhag was appointed as Director on 10 Feb 2023. Saigeware Technologies has 5 board changes on record in total.