About Cohere-Med Solutions Private Limited
Data last updated:
Cohere-Med Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC094263. Its GSTIN is 29AAGCC5357D1ZM (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.95 Lakh. It is led by directors Renji Nair and Srikanth Muthya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 549 1st Floor 14th Main Sector – 7 Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 58.7%) and EBITDA of ₹5.86 Lakh (EBITDA margin 90.4%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 52% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cohere Med.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coheremed.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 549 1st Floor 14th Main Sector – 7 Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Cohere-Med Solutions Private Limited
Cohere-Med Solutions operates one associated brand: Cohere Med. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Remote patient monitoring solutions are provided using medical devices. | cohere-med.com |
Competitors & Alternatives of Cohere-Med Solutions Private Limited
Brands and companies operating in the same space as Cohere-Med Solutions Private Limited include Endotronix, Athelas, TestCard and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Endotronix | Miniaturized wireless implantable sensors are developed for hemodynamic monitoring. | East Peoria, United States | 2007 |
 Athelas | Provider of smart solutions for monitoring heart rate, weight, and blood pressure | Mountain View, United States | 2014 |
 TestCard | TestCard is recognized as a digital diagnostics platform provider. | London, United Kingdom | 2016 |
 Oxehealth | Contactless patient monitoring is provided for mental health facilities. | Leeds, United Kingdom | 2012 |
 BioIntelliSense | Vital signs are monitored via a single-use patch and platform. | Redwood City, United States | 2018 |
 CoachCare | Remote monitoring platform for tracking patient activity | New York, United States | 2013 |
 Edwards Lifesciences | Medical devices for structural heart disease are developed and provided. | Irvine, United States | 1958 |
 Openwater | Provider of imaging technologies for medical diagnosis and treatments | San Francisco, United States | 2016 |
 Somatix | AI-based remote health monitoring tools are provided for patient care. | New York, United States | 2015 |
 Higi | Gamified app for personal health management | Chicago, United States | 2012 |
Auditor Details of Cohere-Med Solutions Private Limited
Cohere-Med Solutions Private Limited is audited by SHETTY PRABHU & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHETTY PRABHU & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cohere-Med Solutions Private Limited
Cohere-Med Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renji Nair Also directs: Cohere-Med Technologies Private Limited | Director | 15 Feb 2023 | 3 Years 7 Months | Current |
| Srikanth Muthya | Director | 20 Jun 2016 | 10 Years 3 Months | Current |
Financials of Cohere-Med Solutions Private Limited FY 2024 filings available
Cohere-Med Solutions Private Limited reported revenue of ₹6.48 Lakh (up 1128% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Cohere-Med Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years. EBITDA rose 242% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Cohere-Med Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.8 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Cohere-Med Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 58.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cohere-Med Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Cohere-Med Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cohere-Med Solutions Private Limited
Cohere-Med Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cohere-Med Solutions Private Limited
Cohere-Med Solutions Private Limited has a workforce of 22 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Cohere-Med Solutions Private Limited
Cohere-Med Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC5357D1ZM | Karnataka | Active | 07 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Cohere-Med Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cohere-Med Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cohere-Med Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cohere-Med Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Cohere-Med Solutions Private Limited
Frequently Asked Questions about Cohere-Med Solutions Private Limited
Cohere-Med Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC094263.
Cohere-Med Solutions reported revenue of ₹6.48 Lakh for FY 2023 (up 1128% YoY).
Cohere-Med Solutions has 2 current directors:
- Renji Nair - Director
- Srikanth Muthya - Director
Cohere-Med Solutions reported a net profit of ₹3.8 Lakh (net margin 58.7%) and EBITDA of ₹5.86 Lakh (EBITDA margin 90.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cohere-Med Solutions is -48% over three years and 52% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cohere-Med Solutions is 29AAGCC5357D1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Cohere-Med Solutions is U74999KA2016PTC094263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cohere-Med Solutions was incorporated on 20 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Cohere-Med Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).