About Mars Plus
Mars Plus is a Healthcare company based in Pune (India) founded in 2014 by Nilesh Vyas. Cloud based business and practice management platform for healthcare professionals. It operates in the Healthcare and Technology sectors. Mars Plus has raised $286.03 thousand across 1 funding round from investors including Brand Capital and Seed Enterprises. The company has 23 employees. Mars Plus has completed 1 acquisition, including Save Time. Mars Plus was last valued at $4.01 million in November 2015. Its Indian entity Ascent Technosystems Private Limited reported revenue of ₹8.05 Cr. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems.
Company details
Mars Plus is a cloud-based business and practice management platform for healthcare professionals. The platform connects patients, doctors, clinics, hospitals, laboratories, and medical stores. Modules include patient management, billing management, finance management, referrals, and multiple clinic management. Patients can use the app to manage health records, search for doctors, hospitals, or lab, and manage prescriptions. Mars Labs offers lab management solutions and has modules for patients, referrals, services, investigations, and billing. Mars HMS is a Hospital Management System and supports OPD, IPD, department management, billing, and finance management, medical management, and EMR EHR management. Mars Med is a medical store management tool and has modules for store management, prescription management, and finance management.
- Headquarters Pune, India
- Employees 23
- Founders Nilesh Vyas
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website marspls.com
- Social LinkedIn
- Legal Name Ascent Technosystems Private Limited
- Date of Incorporation 22 Jul, 2005
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹8.05 Cr
FY 2025 · +76% YoY
- Net Profit₹36.5 Lakh
FY 2025 · 5% margin
- EBITDA₹74.9 Lakh
FY 2025 · 9% margin
- Total Equity Funding$286.03K (USD)
in 1 rounds
- Latest Funding Round$286.03K (USD), Seed
Nov 2015
- InvestorsBrand Capital
& 1 more
- Employee Count23
- Investments & Acquisitions
Associated legal entities of Mars Plus
Mars Plus operates through Ascent Technosystems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ascent Technosystems Private Limited CIN U72200MP2005PTC042181 | Active | 22 Jul 2005 | Indore, Madhya Pradesh | ₹8.1 Cr | 23 | 2 | View details |
Funding Insights of Mars Plus
Mars Plus has successfully raised a total of $286.03K through 1 strategic funding round. The most recent funding activity was a Seed round of $286.03 thousand completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $286,026
- Total Rounds 1
- Last Round Seed — $286,026
- First Round $286,026
(Nov 2015)
- Investors Count 2
All 1 funding rounds of Mars Plus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2015 | $286,026 | Seed | $4.01M | Brand Capital |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2015 | $4.01M | •••••••• |
Last known valuation $4.01M (Nov 2015). 2 investors in total: 2 institutional.
Investors in Mars Plus
Mars Plus has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Brand Capital and Seed Enterprises.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Limited information available | seedenterprises.com | Phoenix, United States |
Investor details for Mars Plus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ascent Technosystems Private Limited (Mars Plus)
Ascent Technosystems Private Limited is the primary company behind Mars Plus. The board of Ascent Technosystems Private Limited currently have 2 directors; the longest-serving is Manish Vyas, appointed in 2014. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Vyas DIN 06673179 | Director | 20 Aug 2014 | 12 yrs 2 mo | Ascent Technosystems Private Limited |
| Shradha Vyas DIN 08053527 | Director | 25 Jan 2018 | 8 yrs 9 mo | Ascent Technosystems Private Limited |
People of Mars Plus
1 people are tracked at Mars Plus (1 in leadership); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Nilesh Vyas | Founder | Leadership |
Complete people profiles for Mars Plus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mars Plus
Figures of Ascent Technosystems Private Limited, the primary company behind Mars Plus, for FY 2025. Revenue was ₹8.05 Cr (+76% year on year). Net profit was ₹36.5 Lakh (5% margin). EBITDA was ₹74.9 Lakh (9% margin). Revenue has grown at a compounded annual rate of +40% over three years and +43% over five years.
- ₹8.05 CrRevenue · FY 2025 · +76% YoY
- ₹36.5 LakhNet profit · 5% margin
- ₹74.9 LakhEBITDA · 9% margin
- ₹39.1 LakhPaid-up capital
- 23Employees (provident fund records)
- +40%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ascent Technosystems Private Limited are on its company page.
Detailed financial statements for Mars Plus
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
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mars Plus
Mars Plus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Save Time.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Doctors and hospitals are listed on an online search platform. | savetime.com | Pune, India | 2012 | Jun 2015 | •••• |
Complete acquisition details for Mars Plus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Mars Plus
4 dated milestones of Mars Plus across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Mars Plus is founded.
- Acquisition Acquires Save Time.
- Funding First funding round of $286K.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about Mars Plus
Mars Plus was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Mars Plus is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Mars Plus is a funded company, having raised a total of $286.03K across 1 funding round to date. The company's 1st funding round was a Seed of $286.03K, raised on Nov 2015.
Mars Plus has 23 employees.
The primary company behind Mars Plus, Ascent Technosystems Private Limited, reported revenue of ₹8.05 Cr for FY 2025, up 76% year on year.
Mars Plus is a cloud-based business and practice management platform for healthcare professionals. The platform connects patients, doctors, clinics, hospitals, laboratories, and medical stores. Modules include patient management, billing management, finance management, referrals, and multiple clinic management. Patients can use the app to manage health records, search for doctors, hospitals, or lab, and manage prescriptions. Mars Labs offers lab management solutions and has modules for patients, referrals, services, investigations, and billing. Mars HMS is a Hospital Management System and supports OPD, IPD, department management, billing, and finance management, medical management, and EMR EHR management. Mars Med is a medical store management tool and has modules for store management, prescription management, and finance management.
Mars Plus has made 1 acquisition, including Save Time.
Mars Plus has 2 investors. Key investors include Brand Capital, and Seed Enterprises.
The valuation of Mars Plus is $4.01M as of Nov 2015.
Mars Plus operates through Ascent Technosystems Private Limited.
The legal entities of Mars Plus currently have 2 directors, including Manish Vyas, Shradha Vyas.