
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.
- Headquarters Bengaluru, India
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website qwikmedic.com
- Social LinkedIn Facebook Instagram
- Legal Name Numarga Services Private Limited
- Date of Incorporation 29 Apr, 2016
- Jurisdiction Bangalore, Karnataka, India
- 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
Associated legal entities of QwikMedic
QwikMedic operates through Numarga Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Numarga Services Private Limited CIN U72502KA2016PTC092679 | Active | 29 Apr 2016 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Apps and channels of QwikMedic
QwikMedic publishes 1 mobile app with over 10 downloads.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $23 | Seed | β | β | β |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harish Venkatasubramanian DIN 07114458 | Director | 29 Apr 2016 | 10 yrs 6 mo | Numarga Services Private Limited |
| Girish Venkatasubramanian DIN 05260553 | Director | 29 Apr 2016 | 10 yrs 6 mo | Numarga 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.
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.
- Founded QwikMedic is founded.
- 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Maternity, childcare, and fertility services are delivered via hospital chains. | 2007 | Bengaluru, Karnataka, India | USD 204.87 M | USD 140.46 M | 4,459 | |
Chain of oncology hospitals | 1989 | Bengaluru, Karnataka, India | USD 36.59 M | USD 270.51 M | 8,400 | |
Chain of multi-super specialty healthcare hospitals | 2004 | Gurugram, Haryana, India | USD 104.7 M | USD 461.72 M | 12,240 |
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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 βΉ14,837 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.