About Medintel Services
Medintel Services is a company based in Mumbai (India) founded in 2010. Ski and snowboard instruction and training programs are provided. Medintel Services has raised $146.82 thousand across 2 funding rounds from investors including Anantbhushan Anil Ranade, Shailesh Bondarde and Ashish Bakshi. Medintel Services was last valued at $398.75 thousand in March 2015. Its Indian entity Medintel Services Private Limited reported revenue of ₹1.41 Cr. Medintel Services offers products and services including Educational Services and Research Services.
Company details
Medintel Services was founded in 2010 in Mumbai, India, and operates within the recreational sports training sector. Group and private lessons are offered for skill levels ranging from beginners to advanced participants. Seasonal training camps and specialized courses are conducted, incorporating off-season methods such as rollerblading and parkour. Organized trips to ski resorts are also arranged to support program activities.
- Headquarters Mumbai, India
- Email••••••••
- Phone•••• ••••
- Website medintelservices.com
- Social LinkedIn X Facebook
- Legal Name Medintel Services Private Limited
- Date of Incorporation 15 Mar, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.41 Cr
FY 2024 · -55% YoY
- Net Loss-₹39.3 Lakh
FY 2024 · -28% margin
- EBITDA-₹34.3 Lakh
FY 2024 · -24% margin
- Total Equity Funding$146.82K (USD)
in 2 rounds
- Latest Funding Round$61.8K (USD), Angel Round
Mar 2015
Associated legal entities of Medintel Services
Medintel Services operates through Medintel Services 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 |
|---|---|---|---|---|---|---|---|
| Medintel Services Private Limited CIN U74900MH2010PTC200913 | Active | 15 Mar 2010 | Mumbai, Maharashtra | ₹1.4 Cr | 2 | View details |
Products & Services of Medintel Services
Medintel Services offers a comprehensive portfolio of products and services, including Educational Services and Research Services.
State-of-the-art educational activities, such as CMEs and medical journals, are offered for lay persons, patients, and professionals.
Research services, including tissue repository management and data facilitation for quality contributions to global medical knowledge, are provided.
Funding Insights of Medintel Services
Medintel Services has successfully raised a total of $146.82K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $61.8 thousand completed in March 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 $146,823
- Total Rounds 2
- Last Round Angel Round — $61,796
- First Round $85,027
(Dec 2012)
- Investors Count 14
All 2 funding rounds of Medintel Services 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 |
|---|---|---|---|---|---|
| Mar 2015 | $61,796 | Angel Round | $398,750 | Amit Bhatt, Bharath Rangarajan | |
| Dec 2012 | $85,027 | Angel Round | $124,118 | Anantbhushan Anil Ranade, Shailesh Bondarde |
Last known valuation $398,750 (Mar 2015). 14 investors in total: 0 institutional and 14 angel.
Investors in Medintel Services
Medintel Services has secured backing from 14 investors, including angel investors. Prominent investors backing the company include Anantbhushan Anil Ranade, Shailesh Bondarde and Ashish Bakshi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AA Anantbhushan Anil Ranade | unknown_cff9aabf892b46358 | |||
SB Shailesh Bondarde | unknown_3963c021caf24f3fa | |||
AB Ashish Bakshi | unknown_c9eab7f327fb417ca | |||
NM Nilesh Madhukar Lokeshwar | unknown_d7c9c684eaa742dba | |||
SH Sachin Hingmare | unknown_cc469c92b6ff4014a | |||
AB Amit Bhatt | Angel investor and tech entrepreneur, co-founder of Cardekho, active in Indian startups | unknown_8fdd0492d7b64c119 | ||
BR Bharath Rangarajan | Angel investor, ex-Amazon, focused on early-stage Indian startups | unknown_be7fdc44ec924e11a | ||
PK Padmaj Kulkarni | unknown_5a49030e383e4fb4b | |||
CD Chetan Deshmukh | Angel investor and tech entrepreneur with focus on Indian startups | unknown_1c003e4bb38b4b51b | ||
GS Gouri Shankar Bhattacharyya | unknown_3ddd5e19f74a4bb48 |
Investor details for Medintel Services
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 Medintel Services Private Limited (Medintel Services)
Medintel Services Private Limited is the primary company behind Medintel Services. The board of Medintel Services Private Limited currently have 2 directors; the longest-serving is Purvish Mahendra Parikh, appointed in 2010. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Purvish Mahendra Parikh DIN 02293451 | Managing Director | 15 Mar 2010 | 16 yrs 7 mo | Medintel Services Private Limited |
| Kashish Purvish Parikh DIN 07819214 | Whole-time director | 08 Oct 2017 | 9 yrs | Medintel Services Private Limited |
Financials of Medintel Services
Figures of Medintel Services Private Limited, the primary company behind Medintel Services, for FY 2024. Revenue was ₹1.41 Cr (-55% year on year). Net loss was -₹39.3 Lakh (-28% margin). EBITDA was -₹34.3 Lakh (-24% margin). Revenue has grown at a compounded annual rate of -19% over three years and -23% over five years.
- ₹1.41 CrRevenue · FY 2024 · -55% YoY
- -₹39.3 LakhNet loss · -28% margin
- -₹34.3 LakhEBITDA · -24% margin
- ₹50 LakhPaid-up capital
- -19%Revenue CAGR, 3 years
- -23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medintel Services Private Limited are on its company page.
Detailed financial statements for Medintel Services
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.
Timeline of Medintel Services
3 dated milestones of Medintel Services across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Medintel Services is founded.
- Funding First funding round of $85K.
- Funding Latest funding round, Angel Round, of $62K.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Medintel Services
Complete news archive for Medintel Services
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medintel Services
Medintel Services was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Medintel Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Medintel Services is a funded company, having raised a total of $146.82K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $85.03K, raised on Dec 2012.
The primary company behind Medintel Services, Medintel Services Private Limited, reported revenue of ₹1.41 Cr for FY 2024, down 55% year on year.
Medintel Services was founded in 2010 in Mumbai, India, and operates within the recreational sports training sector. Group and private lessons are offered for skill levels ranging from beginners to advanced participants. Seasonal training camps and specialized courses are conducted, incorporating off-season methods such as rollerblading and parkour. Organized trips to ski resorts are also arranged to support program activities.
Medintel Services offers Educational Services and Research Services.
Medintel Services has 14 investors. Key investors include Anantbhushan Anil Ranade, Shailesh Bondarde, Ashish Bakshi, Nilesh Madhukar Lokeshwar, and Sachin Hingmare.
The valuation of Medintel Services is $398.75K as of Mar 2015.
Medintel Services operates through Medintel Services Private Limited.
The legal entities of Medintel Services currently have 2 directors, including Purvish Mahendra Parikh, Kashish Purvish Parikh.