About Panacea Infotech
Panacea Infotech is a Technology company based in Pune (India) founded in 2004, and was acquired by Katalyst in May 2018. Web design and custom application development services are provided. It operates on a SaaS (Software-as-a-Service) and Professional Services model. The company has 3 employees. Its Indian entity Panacea Infotech Private Limited reported revenue of ₹1.2 Lakh. Panacea Infotech offers products and services including Ensoul HRMS™, GrexPro™, and Trexo Pro™. Its focus areas include Software, Business Solutions, IT Services and Digital Transformation.
Company details
Panaceatek is established as a prominent provider of digital software solutions and IT services. The company is focused on delivering customized digital transformation solutions across various industries, including banking, healthcare, education, and real estate. Services offered include artificial intelligence, content management, and e-commerce solutions. The company is dedicated to integrating functional software, enhancing engineering designs, and executing projects to meet client needs. Solutions are tailored to drive business growth and address complex challenges in a multi-vendor IT ecosystem.
- Headquarters Pune, India
- Employees 3
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website panaceatek.com
- Social LinkedIn X Facebook Instagram
- Acquired by Katalyst (May 2018)
- Legal Name Panaceatek
- Date of Incorporation 28 Jun, 2004
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.2 Lakh
FY 2024 · -98% YoY
- Net Loss-₹69.8 Lakh
FY 2024 · -5607% margin
- EBITDA-₹8.9 Lakh
FY 2024 · -715% margin
- Investors
- Employee Count3
- Acquired byKatalyst
(May 2018)
Associated legal entities of Panacea Infotech
Panacea Infotech operates through Panacea Infotech 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 |
|---|---|---|---|---|---|---|---|
| Panacea Infotech Private Limited CIN U72200MH2004PTC019446 | Active | 28 Jun 2004 | Pune, Maharashtra | ₹0.0 Cr | 3 | 2 | View details |
Products & Services of Panacea Infotech
Panacea Infotech offers a comprehensive portfolio of products and services, including Ensoul HRMS™, GrexPro™, and Trexo Pro™.
Software for managing human resources and employee data efficiently.
Solution designed to address various business operational needs effectively.
Platform developed for enterprise-level management and operational tasks.
Investors in Panacea Infotech
Panacea Infotech has secured backing from 1 investor. Prominent investors backing the company include Katalyst Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers IT services, software products, and consulting for enterprise applications and digital commerce. | 1996 | katalysttech.com | Evanston, United States |
Investor details for Panacea Infotech
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Board of directors of Panacea Infotech Private Limited (Panacea Infotech)
Panacea Infotech Private Limited is the primary company behind Panacea Infotech. The board of Panacea Infotech Private Limited currently have 2 directors; the longest-serving is Vivek Padam Ghai, appointed in 2004. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Padam Ghai DIN 01452010 | Director | 28 Jun 2004 | 22 yrs 4 mo | Panacea Infotech Private Limited |
| Yogesh Agarwal DIN 00304367 | Additional Director | 03 Feb 2026 | 9 mo | Panacea Infotech Private Limited |
Financials of Panacea Infotech
Figures of Panacea Infotech Private Limited, the primary company behind Panacea Infotech, for FY 2024. Revenue was ₹1.2 Lakh (-98% year on year). Net loss was -₹69.8 Lakh (-5607% margin). EBITDA was -₹8.9 Lakh (-715% margin). Revenue has grown at a compounded annual rate of +10% over three years and -63% over five years.
- ₹1.2 LakhRevenue · FY 2024 · -98% YoY
- -₹69.8 LakhNet loss · -5607% margin
- -₹8.9 LakhEBITDA · -715% margin
- ₹1 LakhPaid-up capital
- 3Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- -63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Panacea Infotech Private Limited are on its company page.
Detailed financial statements for Panacea Infotech
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Timeline of Panacea Infotech
2 dated milestones of Panacea Infotech across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Panacea Infotech is founded.
- Exit Acquired by Katalyst.
Web traffic of Panacea Infotech
The website of Panacea Infotech (panaceatek.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 50% vs previous month
Websites whose visitors overlap most with Panacea Infotech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ambitiousdesign.com | 100% | View details | |||
| aress.com | 90% | 11.7K | #2,097,588 | View details | |
| brainminetech.com | 87% | 10.1K | #2,581,635 | View details | |
| invitratech.com | 85% | 1.3K | #10,353,200 | View details | |
| excitetemplate.com | 80% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for Panacea Infotech
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Related news about Panacea Infotech
Complete news archive for Panacea Infotech
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Frequently Asked Questions about Panacea Infotech
Panacea Infotech was founded in 2004.
Panacea Infotech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Panacea Infotech has 3 employees.
The primary company behind Panacea Infotech, Panacea Infotech Private Limited, reported revenue of ₹1.2 Lakh for FY 2024, down 98% year on year.
Panaceatek is established as a prominent provider of digital software solutions and IT services. The company is focused on delivering customized digital transformation solutions across various industries, including banking, healthcare, education, and real estate. Services offered include artificial intelligence, content management, and e-commerce solutions. The company is dedicated to integrating functional software, enhancing engineering designs, and executing projects to meet client needs. Solutions are tailored to drive business growth and address complex challenges in a multi-vendor IT ecosystem.
Panacea Infotech offers Ensoul HRMSâ„¢, GrexProâ„¢, and Trexo Proâ„¢.
Panacea Infotech has 1 investor. Key investors include Katalyst Technologies.
Panacea Infotech operates through Panacea Infotech Private Limited.
Yes. Panacea Infotech was acquired by Katalyst in May 2018.
The legal entities of Panacea Infotech currently have 2 directors, including Vivek Padam Ghai, Yogesh Agarwal.