About ChoiceMMed India
ChoiceMMed India is a Healthcare company based in Delhi (India) founded in 1993. A portfolio of advanced vital signs monitoring devices for healthcare applications. It operates on a B2B model. Its Indian entity Choicemmed Technology India Private Limited reported revenue of ₹98.2 Lakh. Its focus areas include Medical Devices, Monitoring Equipment and Vital Signs.
Company details
ChoiceMMed India a portfolio of advanced vital signs monitoring devices for healthcare applications, focusing on providing healthcare solutions, developing medical devices, monitoring equipment, and vital signs. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- SectorsHealthcare
- Website choicemmed.in
- Social X Facebook
- Legal Name Choicemmed Technology India Private Limited
- Date of Incorporation 20 Sep, 2013
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹98.2 Lakh
FY 2023 · -97% YoY
- Net Loss-₹68.1 Lakh
FY 2023 · -69% margin
- EBITDA-₹80.7 Lakh
FY 2023 · -82% margin
Associated legal entities of ChoiceMMed India
ChoiceMMed India operates through Choicemmed Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Choicemmed Technology India Private Limited CIN U74999DL2013FTC258235 | Active | 20 Sep 2013 | New Delhi, Delhi | ₹1.0 Cr | 3 | View details |
Board of directors of Choicemmed Technology India Private Limited (ChoiceMMed India)
Choicemmed Technology India Private Limited is the primary company behind ChoiceMMed India. The board of Choicemmed Technology India Private Limited currently have 3 directors; the longest-serving is Vikas Sharma, appointed in 2014. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Sharma DIN 06962795 | Director | 05 Aug 2014 | 12 yrs 3 mo | Choicemmed Technology India Private Limited |
| Mingzhong Wang DIN 09473926 | Director | 10 Jan 2022 | 4 yrs 10 mo | Choicemmed Technology India Private Limited |
| Shufei Zhang DIN 09473562 | Director | 10 Jan 2022 | 4 yrs 10 mo | Choicemmed Technology India Private Limited |
Financials of ChoiceMMed India
Figures of Choicemmed Technology India Private Limited, the primary company behind ChoiceMMed India, for FY 2023. Revenue was ₹98.2 Lakh (-97% year on year). Net loss was -₹68.1 Lakh (-69% margin). EBITDA was -₹80.7 Lakh (-82% margin). Revenue has grown at a compounded annual rate of -52% over three years and -32% over five years.
- ₹98.2 LakhRevenue · FY 2023 · -97% YoY
- -₹68.1 LakhNet loss · -69% margin
- -₹80.7 LakhEBITDA · -82% margin
- ₹50 LakhPaid-up capital
- -52%Revenue CAGR, 3 years
- -32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Choicemmed Technology India Private Limited are on its company page.
Detailed financial statements for ChoiceMMed India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Web traffic of ChoiceMMed India
The website of ChoiceMMed India (choicemmed.in) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 35.9% vs previous month
Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as ChoiceMMed India (Health Monitoring & Wearables) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
AI-powered EMR, EHR, and patient engagement solutions are provided. | 2020 | Bengaluru, Karnataka, India | USD 19.5 M | USD 3.36 M | 117 |
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Frequently Asked Questions about ChoiceMMed India
ChoiceMMed India was founded in 1993.
ChoiceMMed India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind ChoiceMMed India, Choicemmed Technology India Private Limited, reported revenue of ₹98.2 Lakh for FY 2023, down 97% year on year.
ChoiceMMed India a portfolio of advanced vital signs monitoring devices for healthcare applications, focusing on providing healthcare solutions, developing medical devices, monitoring equipment, and vital signs. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
ChoiceMMed India operates through Choicemmed Technology India Private Limited.
The legal entities of ChoiceMMed India currently have 3 directors, including Mingzhong Wang, Shufei Zhang, Vikas Sharma.