About Medha Innovation
Medha Innovation is a Technology company based in Indore (India) founded in 2015 by Anidhya Bhatnagar and Amogh Bhatnagar. IT services suite solutions are provided by Medha Innovation. Its chief executive, as recorded, is Anidhya Bhatnagar. Its Indian entity Medha Innovation And Development Private Limited reported revenue of ₹13.5 Lakh. Medha Innovation offers products and services including Movins and Big-Omics. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Medha Innovation was founded in 2015 and is headquartered in Indore, India. Operations focus on the IT sector, where a range of services and suite solutions are delivered to address client needs in technology integration and support. The company is led by Anidhya Bhatnagar as Founder and CEO, alongside Amogh Bhatnagar as Co-Founder and CTO. Activities remain centered in the Indian market, emphasizing practical IT implementations.
- Headquarters Indore, India
- Founders Anidhya Bhatnagar, Amogh Bhatnagar
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website medhaid.com
- Social LinkedIn X Facebook
- Legal Name Medha Innovation And Development Private Limited
- Date of Incorporation 30 Sep, 2015
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹13.5 Lakh
FY 2024 · -30% YoY
- Net Profit₹2.1 Lakh
FY 2024 · 15% margin
- EBITDA₹3 Lakh
FY 2024 · 22% margin
Associated legal entities of Medha Innovation
Medha Innovation operates through Medha Innovation And Development Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medha Innovation And Development Private Limited CIN U72300MP2015PTC034761 | Active | 30 Sep 2015 | Indore, Madhya Pradesh | ₹0.1 Cr | 3 | View details |
Products & Services of Medha Innovation
Medha Innovation offers a comprehensive portfolio of products and services, including Movins and Big-Omics.
Software for movement planning, tracking, and secure data handling.
Tool for analyzing large-scale biological data sequences efficiently.
Board of directors of Medha Innovation And Development Private Limited (Medha Innovation)
Medha Innovation And Development Private Limited is the primary company behind Medha Innovation. The board of Medha Innovation And Development Private Limited currently have 3 directors; the longest-serving is Amogh Bhatnagar, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amogh Bhatnagar DIN 07243584 | Director | 30 Sep 2015 | 11 yrs 1 mo | Medha Innovation And Development Private Limited |
| Kirti Bhatnagar DIN 07243599 | Director | 30 Sep 2015 | 11 yrs 1 mo | Medha Innovation And Development Private Limited |
| Anidhya Bhatnagar DIN 07243592 | Director | 30 Sep 2015 | 11 yrs 1 mo | Medha Innovation And Development Private Limited |
People of Medha Innovation
2 people are tracked at Medha Innovation (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for Medha Innovation
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 Medha Innovation
Figures of Medha Innovation And Development Private Limited, the primary company behind Medha Innovation, for FY 2024. Revenue was ₹13.5 Lakh (-30% year on year). Net profit was ₹2.1 Lakh (15% margin). EBITDA was ₹3 Lakh (22% margin). Revenue has grown at a compounded annual rate of -8% over three years and -8% over five years.
- ₹13.5 LakhRevenue · FY 2024 · -30% YoY
- ₹2.1 LakhNet profit · 15% margin
- ₹3 LakhEBITDA · 22% margin
- ₹1 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medha Innovation And Development Private Limited are on its company page.
Detailed financial statements for Medha Innovation
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.
Competitors of Medha Innovation
Medha Innovation has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Medha Innovation
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Medha Innovation
Websites that share an audience with Medha Innovation (medhaid.com).
Websites whose visitors overlap most with Medha Innovation. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
trovi.com | trovi.com | 100% | #131,840 | – |
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Frequently Asked Questions about Medha Innovation
Medha Innovation was founded in 2015.
Medha Innovation is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Anidhya Bhatnagar is the CEO of Medha Innovation, as recorded in our data. They have also founded this company.
The primary company behind Medha Innovation, Medha Innovation And Development Private Limited, reported revenue of ₹13.5 Lakh for FY 2024, down 30% year on year.
Medha Innovation was founded in 2015 and is headquartered in Indore, India. Operations focus on the IT sector, where a range of services and suite solutions are delivered to address client needs in technology integration and support. The company is led by Anidhya Bhatnagar as Founder and CEO, alongside Amogh Bhatnagar as Co-Founder and CTO. Activities remain centered in the Indian market, emphasizing practical IT implementations.
Medha Innovation's top competitors include Happiest Minds and Datamatics.
Medha Innovation offers Movins and Big-Omics.
Medha Innovation operates through Medha Innovation And Development Private Limited.
The legal entities of Medha Innovation currently have 3 directors, including Amogh Bhatnagar, Kirti Bhatnagar, Anidhya Bhatnagar.