
About Kredence Digital Academy Private Limited
Data last updated:
Kredence Digital Academy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kredence Enterprises Private Limited. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 28 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2010PTC204929.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Qualitilife Solutions India Private Limited and Kredence Medicare Private Limited. It is led by directors Beena Ketan Raiyani and Ketan D Raiyani.
Its last annual general meeting (AGM) was held on 17 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4/A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: MedeCure. The company has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medecure.com.
Company details
Name history
Kredence Digital Academy has undergone 4 name changes throughout its history. The current legal name is Kredence Digital Academy Private Limited.
| Company Name | Status |
|---|---|
| Kredence Digital Academy Private Limited | Current |
| Qualitilife Solutions India Private Limited | Previous |
| Kredence Medicare Private Limited | Previous |
| Medefusion Technology Solutions Private Limited | Previous |
CIN history
Kredence Digital Academy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH2010PTC204929, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2010PTC204929 | Current |
| U74110MH2010PTC204929 | Previous |
| U74990MH2010PTC204929 | Previous |
Contact details
Kredence Digital Academy Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address4/A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryInternet, Online Service Marketplaces
- 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
Brands
Kredence Digital Academy operates one associated brand: MedeCure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online network for healthcare queries and appointment booking with physicians. | medecure.com |
Financials of Kredence Digital Academy Private Limited
FY 2025 filings availableKredence Digital Academy Private Limited reported revenue of ₹4,500 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4,500 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kredence Digital Academy Private Limited, buy the company report.
Board of directors of Kredence Digital Academy Private Limited
Kredence Digital Academy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Beena Ketan Raiyani Also directs: Kredence Business Advisory Private Limited | Director | 28 Jun 2010 | 16 Years 3 Months | Current |
| Ketan D Raiyani | Director | 28 Jun 2010 | 16 Years 3 Months | Current |
Deals & funding
Kredence Digital Academy Private Limited has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in September 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Kredence Enterprises Private Limited , an individual Seller: Pravinchandra R Rayani HUF, Reverse Financial Research Private Limited , 2 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Kredence Enterprises Private Limited Seller: an individual |
| Mar 2016 | Rights issue | ₹64 Lakh | Investors: Kredence Enterprises Private Limited |
| Sep 2013 | Acquisition | ₹3 Cr | Buyer: Kredence Enterprises Private Limited Seller: Kredence Enterprises Private Limited , 3 individuals |
| Oct 2012 | Funding round | ₹75 Lakh | Investors: Kredence Enterprises Private Limited |
To see the full deal history of Kredence Digital Academy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kredence Digital Academy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kredence Digital Academy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kredence Digital Academy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kredence Digital Academy Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Beena Ketan Raiyani was appointed as Director on 28 Jun 2010.
Frequently asked questions
Kredence Digital Academy is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 28 June 2010 (16+ years old) and is registered under CIN U70200MH2010PTC204929.
Kredence Digital Academy has 2 current directors:
- Beena Ketan Raiyani - Director
- Ketan D Raiyani - Director
The latest financial statements of Kredence Digital Academy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kredence Digital Academy is U70200MH2010PTC204929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kredence Digital Academy was incorporated on 28 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Kredence Digital Academy has 6 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in September 2017.
Beena Ketan Raiyani was appointed as Director on 28 Jun 2010. Ketan D Raiyani was appointed as Director on 28 Jun 2010.
Kredence Digital Academy can be reached through the website medecure.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kredence Digital Academy is at 4A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020.
Kredence Digital Academy operates in the internet industry, in the online service marketplaces segment.