QwikMedic

Bengaluru, India Founded: 2016 • Age: 10 yrs
A SaaS-based solution for managing medical practices and streamlining doctor workflows.

About QwikMedic

QwikMedic is a Healthcare company based in Bengaluru (India) founded in 2016. A SaaS-based solution for managing medical practices and streamlining doctor workflows. It operates on a B2B model. QwikMedic has raised $22.52 across 1 funding round. Its focus areas include Technology, Software and Practice Management. Its legal entity in India is Numarga Services Private Limited (U72502KA2016PTC092679).

Company details

QwikMedic, founded in 2016 in Bengaluru, India, focuses on leveraging cutting-edge technology, software, providing healthcare solutions, and practice management. A SaaS-based solution for managing medical practices and streamlining doctor workflows. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Key Metrics
  • Annual Revenue
    ₹14,837

    FY 2020 · -99% YoY

  • Net Loss
    -₹1.2 Lakh

    FY 2020 · -824% margin

  • EBITDA
    -₹98,476

    FY 2020 · -664% margin

  • Total Equity Funding
    $22.52 (USD)

    in 1 rounds

  • Latest Funding Round
    $22.52 (USD), Seed

    Oct 2016

Apps and channels of QwikMedic

QwikMedic publishes 1 mobile app with over 10 downloads.

QwikMedic
Google Play Health & Fitness Everyone Free 10 downloads
Developer: Qwik IT
View on Google Play

Funding Insights of QwikMedic

QwikMedic has successfully raised a total of $22.52 through 1 strategic funding round. The most recent funding activity was a Seed round of $22.52 completed in October 2016. 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 $23
  • Total Rounds 1
  • Last Round Seed β€” $23
  • First Round $23

    (Oct 2016)

All 1 funding rounds of QwikMedic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2016$23Seed––
–

Board of directors of Numarga Services Private Limited (QwikMedic)

Numarga Services Private Limited is the primary company behind QwikMedic. The board of Numarga Services Private Limited currently have 2 directors; the longest-serving is Harish Venkatasubramanian, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Harish Venkatasubramanian
DIN 07114458
Director29 Apr 201610 yrs 6 moNumarga Services Private Limited
Girish Venkatasubramanian
DIN 05260553
Director29 Apr 201610 yrs 6 moNumarga Services Private Limited

Financials of QwikMedic

Figures of Numarga Services Private Limited, the primary company behind QwikMedic, for FY 2020. Revenue was ₹14,837 (-99% year on year). Net loss was -₹1.2 Lakh (-824% margin). EBITDA was -₹98,476 (-664% margin). Revenue has grown at a compounded annual rate of +42% over three years.

  • ₹14,837Revenue · FY 2020 · -99% YoY
  • -₹1.2 LakhNet loss · -824% margin
  • -₹98,476EBITDA · -664% margin
  • ₹1.5 LakhPaid-up capital
  • +42%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Numarga Services Private Limited are on its company page.

Premium access

Detailed financial statements for QwikMedic

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 QwikMedic

2 dated milestones of QwikMedic, from founding to its latest funding, stage changes and deals.

  1. Founded QwikMedic is founded.
  2. Funding First funding round of $23.

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as QwikMedic (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M4,459
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M8,400
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Frequently Asked Questions about QwikMedic

QwikMedic was founded in 2016.

QwikMedic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

QwikMedic is a funded company, having raised a total of $22.52 across 1 funding round to date. The company's 1st funding round was a Seed of $22.52, raised on Oct 2016.

The primary company behind QwikMedic, Numarga Services Private Limited, reported revenue of β‚Ή14,837 for FY 2020, down 99% year on year.

QwikMedic, founded in 2016 in Bengaluru, India, focuses on leveraging cutting-edge technology, software, providing healthcare solutions, and practice management. A SaaS-based solution for managing medical practices and streamlining doctor workflows. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

QwikMedic operates through Numarga Services Private Limited.

The legal entities of QwikMedic currently have 2 directors, including Harish Venkatasubramanian, Girish Venkatasubramanian.

Yes. QwikMedic publishes QwikMedic, with over 10 downloads.

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