India's Richest People 2026 edition · 1 director · Source: Hurun India
- #129 Devi Prasad Shetty & family ₹26,100 Cr
Medha AI Private Limited
Medha AI Private Limited - service in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Private Limited Company service
Revenue · FY 2025
₹47.6 Lakh
▲ 13121% YoY
Net loss · FY 2025
₹61.59 Lakh
Net margin -129.4%
EBITDA · FY 2025
-₹60.87 Lakh
EBITDA margin -127.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Medha AI Private Limited
Data last updated:
Medha AI Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Narayana Hrudayalaya Limited. It operates in the IT services segment of the services sector. It was incorporated on 15 December 2023.
Its director Devi Prasad Shetty and family are #129 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023PTC182294. Its GSTIN is 29AARCM5811D1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Viren Prasad Shetty and Vivek Rajagopal.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹61.59 Lakh (net margin -129.4%) and EBITDA of -₹60.87 Lakh (EBITDA margin -127.9%).
The company is associated with 1 brand: Medha Analytics.
Company details
CIN U62099KA2023PTC182294
Registration Number 182294
Incorporation Date 15 December 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Narayana Hrudayalaya Limited
Recognitions & Rankings of Medha AI
Contact details
Medha AI Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 258/A Anekal Taluk, Bommasandra Industrial Estate, Bangalore, Karnataka, India – 560099
- IndustryService, Information Technology Services
To see the full contact details of Medha AI Private Limited, buy the company report.
Comprehensive company report
Medha AI 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
Medha AI operates one associated brand: Medha Analytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An AI-powered platform that enhances patient care and streamlines healthcare processes. | medha.one |
Business activity
The main business activity of Medha AI is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Medha AI Private Limited, buy the company report.
Financials of Medha AI Private Limited
FY 2025 filings availableMedha AI Private Limited reported revenue of ₹47.6 Lakh (up 13121% YoY) for FY 2025.
Revenue · FY 2025
₹47.6 Lakh ▲ 13121%
Net loss · FY 2025
₹61.59 Lakh margin -129.4%
EBITDA · FY 2025
-₹60.87 Lakh margin -127.9%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹60.87 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹61.59 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -127.9% | |
| Net Profit Margin | -129.4% | |
| 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 Medha AI Private Limited, buy the company report.
Board of directors of Medha AI Private Limited
Medha AI has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Prasad Shetty Also directs: Narayana Hrudayalaya Limited, Narayana Health Insurance Limited, Narayana Hrudayalaya Surgical Hospital Private Limited and 5 more | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Vivek Rajagopal | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Emmanuel Rupert | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Devi Prasad Shetty Also directs: Narayana Hrudayalaya Limited, Narayana Health Insurance Limited, Narayana Health Academy Private Limited and 5 more | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Medha AI Private Limited is audited by R.G.N. Price & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.G.N. Price & Co. | FY 2024 | 002785S |
Shareholding
The shareholding of Medha AI Private Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Medha AI Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Medha AI 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 Medha AI Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medha AI Private Limited has 1 active EPFO establishment as of Mar 26, 2024.
Active EPFO establishments
1
GST
Medha AI has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCM5811D1ZA | Karnataka | Active | 21 Feb 2024 |
To see the full GST registrations and return filing status of Medha AI Private Limited, buy the company report.
Recent activity
Medha AI Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Devi Prasad Shetty was appointed as Director on 15 Dec 2023.
AGM
Medha Ai Private Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Filing
Medha Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Devi Prasad Shetty was appointed as Director.
Appointed
Emmanuel Rupert was appointed as Director.
Appointed
Viren Prasad Shetty was appointed as Director.
Appointed
Vivek Rajagopal was appointed as Director.
Incorporation
15 Dec 2023
Medha Ai Private Limited was registered on 15 Dec 2023 with Roc Bangalore & aged 2 years 10 months as per MCA records.
Frequently asked questions
Medha AI is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 15 December 2023 (3+ years old) and is registered under CIN U62099KA2023PTC182294.
Medha AI has 4 current directors:
- Viren Prasad Shetty - Director
- Vivek Rajagopal - Director
- Emmanuel Rupert - Director
- Devi Prasad Shetty - Director
The latest financial statements of Medha AI on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Medha AI is 29AARCM5811D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Medha AI is U62099KA2023PTC182294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medha AI was incorporated on 15 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Devi Prasad Shetty was appointed as Director on 15 Dec 2023. Emmanuel Rupert was appointed as Director on 15 Dec 2023. Viren Prasad Shetty was appointed as Director on 15 Dec 2023. Medha AI has 4 board changes on record in total.
The registered office of Medha AI is at # 258A Anekal Taluk, Bommasandra Industrial Estate, Bangalore, Karnataka, India – 560099.
Medha AI operates in the service industry, in the information technology services segment.
Medha AI has 1 associated brand: Medha Analytics.
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