DPIIT recognised startup Government of India
Startup India
Medchain Innovation Private Limited
Medchain Innovation Private Limited - healthcare in Delhi, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.83 Lakh
▲ 486% YoY
Net loss · FY 2024
₹6.59 Lakh
Net margin -360.4%
EBITDA · FY 2024
-₹5.95 Lakh
EBITDA margin -325.4%
Authorised capital
₹1.45 Lakh
Registered with MCA
Paid-up capital
₹1.24 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
2
Associated brands
About Medchain Innovation Private Limited
Data last updated:
Medchain Innovation Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the other human health activities segment of the healthcare sector. It was incorporated on 19 September 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85190DL2022PTC404763.
The company has an authorised share capital of ₹1.45 Lakh and a paid-up capital of ₹1.24 Lakh. It is led by directors Anshul Mittal and Manu Kumar Mittal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No – 265 Iind Floor Hari Nagar Ashram, Delhi, India – 110014.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.59 Lakh (net margin -360.4%) and EBITDA of -₹5.95 Lakh (EBITDA margin -325.4%).
The company is associated with 2 brands: Zanskar Health and Niro Health. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.8 Cr; the latest was in September 2025.
Company details
CIN U85190DL2022PTC404763
Registration Number 404763
Incorporation Date 19 September 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Anshul Mittal Director Manu Kumar Mittal Director Recognitions & Rankings of Medchain Innovation
Contact details
Medchain Innovation Private Limited's registered office is in Delhi, Delhi.
- Registered AddressHouse No – 265 Iind Floor Hari Nagar Ashram, Delhi, India – 110014
- IndustryHealthcare, Other Human Health Activities, Human Health Activities
Comprehensive company report
Medchain Innovation Private Limited - one report that includes everything
- 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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Brands
Medchain Innovation operates two associated brands: Zanskar Health and Niro Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides bioactive creams, oils, and sprays for joint, muscle, and headache relief. | zanskarhealth.in | |
| Offers a digital clinic specializing in orthopedic care. | niro.health |
Business activity
The main business activity of Medchain Innovation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Medchain Innovation Private Limited, buy the company report.
Financials of Medchain Innovation Private Limited
FY 2025 filings availableMedchain Innovation Private Limited reported revenue of ₹1.83 Lakh (up 486% YoY) for FY 2024.
Revenue · FY 2024
₹1.83 Lakh ▲ 486%
Net loss · FY 2024
₹6.59 Lakh margin -360.4%
EBITDA · FY 2024
-₹5.95 Lakh margin -325.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 486%
EBITDA CAGR growth
1 year
▼ 490%
Revenue rose 486% in the latest year. EBITDA fell 490% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.95 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.59 Lakh | |
| 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -325.4% | |
| Net Profit Margin | -360.4% | |
| 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 Medchain Innovation Private Limited, buy the company report.
Board of directors of Medchain Innovation Private Limited
Medchain Innovation has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshul Mittal Also directs: Swadeshi Apps Private Limited | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Manu Kumar Mittal | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
Deals & funding
Medchain Innovation Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.8 Cr; the latest was in September 2025.
Total deals
1
Funding round
1
Disclosed funding
₹2.8 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Seed | ₹2.8 Cr | Investors: Zeropearl VC, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medchain Innovation Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Medchain Innovation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Medchain Innovation 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 Medchain Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Medchain Innovation Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Anshul Mittal was appointed as Director on 19 Sep 2022.
AGM
Medchain Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Medchain Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Anshul Mittal was appointed as Director.
Appointed
Manu Kumar Mittal was appointed as Director.
Incorporation
19 Sep 2022
Medchain Innovation Private Limited was registered on 19 Sep 2022 with Roc Delhi I & aged 4 years 1 month as per MCA records.
Frequently asked questions
Medchain Innovation is an active private limited company based in Delhi, India. The company works in other human health activities, within the healthcare industry. It was incorporated on 19 September 2022 (4+ years old) and is registered under CIN U85190DL2022PTC404763.
Medchain Innovation has 2 current directors:
- Anshul Mittal - Director
- Manu Kumar Mittal - Director
The latest financial statements of Medchain Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Medchain Innovation is U85190DL2022PTC404763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medchain Innovation has 1 court case on record: 1 filed against it. 1 is pending.
Medchain Innovation was incorporated on 19 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
Medchain Innovation has 1 deal on record (1 funding round), with disclosed funding of ₹2.8 Cr; the latest was in September 2025.
Anshul Mittal was appointed as Director on 19 Sep 2022. Manu Kumar Mittal was appointed as Director on 19 Sep 2022.
Yes, Medchain Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Medchain Innovation is at House No – 265 Iind Floor Hari Nagar Ashram, Delhi, India – 110014.
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