About Cohere-Med Technologies Private Limited
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Cohere-Med Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 25 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC133001.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.01 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 3814 12th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.58 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.77 Lakh (net margin -8%) and EBITDA of -₹2.12 Lakh (EBITDA margin -6.1%). Revenue has grown at a compounded annual rate (CAGR) of 475% over three years.
The company is associated with 1 brand: Cohere Med.
For more details, the company can be reached via its website cohere-med.com.
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- Registered AddressNo 3814 12th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
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Business Activity of Cohere-Med Technologies Private Limited
The main business activity of Cohere-Med Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cohere-Med Technologies Private Limited FY 2024 filings available
Cohere-Med Technologies Private Limited reported revenue of ₹34.58 Lakh (up 261% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cohere-Med Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 475% over three years, including 261% growth in the latest year. EBITDA fell 211% 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 Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Other Expenses | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | -₹2.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.77 Lakh | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Cohere-Med Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
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 Technologies are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Cohere-Med Technologies Private Limited
Cohere-Med Technologies 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 Solutions Private Limited | Director | 15 Feb 2023 | 3 Years 7 Months | Current |
| Srikanth Muthya Also directs: Bangalore School of Rock LLP, Cohere-Med Solutions Private Limited | Director | 25 Feb 2020 | 6 Years 7 Months | Current |
Charges & Borrowings of Cohere-Med Technologies Private Limited
Cohere-Med Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Cohere-Med Technologies Private Limited
Cohere-Med Technologies 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 Technologies Private Limited
Brands and companies operating in the same space as Cohere-Med Technologies 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 |
Employees and EPFO Compliance at Cohere-Med Technologies Private Limited
Employment history and EPFO contributions of people linked to Cohere-Med Technologies.
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.
Recent Activity on Cohere-Med Technologies Private Limited
Director changes at Cohere-Med Technologies Private Limited
Cohere-Med Technologies Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Renji Nair ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Cohere-Med Technologies 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 Technologies 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 Technologies 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.
GST Compliance of Cohere-Med Technologies Private Limited
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.
MCA Filings & Documents of Cohere-Med Technologies 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.
Frequently Asked Questions about Cohere-Med Technologies Private Limited
Cohere-Med Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 25 February 2020 (6+ years old) and is registered under CIN U72900KA2020PTC133001.
Cohere-Med Technologies reported revenue of ₹34.58 Lakh for FY 2024 (up 261% YoY).
Cohere-Med Technologies has 2 current directors:
- Renji Nair - Director
- Srikanth Muthya - Director
Cohere-Med Technologies reported a net loss of ₹2.77 Lakh (net margin -8%) and EBITDA of -₹2.12 Lakh (EBITDA margin -6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cohere-Med Technologies is 475% over three years. In the latest year (FY 2024) revenue rose 261%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Cohere-Med Technologies is U72900KA2020PTC133001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cohere-Med Technologies was incorporated on 25 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Renji Nair ceased to be Additional Director on 29 Sep 2023. Renjith Somanathan Nair ceased to be Director on 16 Feb 2023. Renji Nair was appointed as Director on 15 Feb 2023. Cohere-Med Technologies has 4 board changes on record in total.
Cohere-Med Technologies can be reached through the website cohere-med.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cohere-Med Technologies is at No 3814 12th Cross Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.