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Medops Technology Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.76 Cr
▲ 25% YoY
Net loss · FY 2024
₹32.39 Cr
Net margin -253.8%
EBITDA · FY 2024
-₹30.55 Cr
EBITDA margin -239.4%
Authorised capital
₹1.58 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹5.8 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
248
Provident fund records
About Medops Technology Private Limited
Data last updated:
Medops Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online healthcare services segment of the internet and digital services sector. It was incorporated on 02 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101014. Its GSTIN is 29AAKCM8747M1ZH (Karnataka).
The company has an authorised share capital of ₹1.58 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Arun Kumar Mendu and Arjun Kumar Mendu.
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.71 3rd Cross Mico Layout Chandra Layout, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.76 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹32.39 Cr (net margin -253.8%) and EBITDA of -₹30.55 Cr (EBITDA margin -239.4%). Revenue has grown at a compounded annual rate (CAGR) of 132% over three years and 136% over five years.
The company has about 248 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medfin. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹5.8 Cr on record. The company has 12 deals on record (7 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹149.25 Cr; the latest was in May 2025.
Medops Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0280396). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medfin.in.
Company details
CIN U74999KA2017PTC101014
Registration Number 101014
Incorporation Date 02 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0280396
Recognitions & Rankings of Medops Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0280396
Contact details
Medops Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is medfin.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.71 3rd Cross Mico Layout Chandra Layout, Bangalore, Karnataka, India – 560040
- IndustryInternet, Online Healthcare Services
To see the full contact details of Medops Technology Private Limited, buy the company report.
Comprehensive company report
Medops Technology 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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Business activity
The main business activity of Medops Technology is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Medops Technology Private Limited, buy the company report.
Financials of Medops Technology Private Limited
FY 2024 filings availableMedops Technology Private Limited reported revenue of ₹12.76 Cr (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹12.76 Cr ▲ 25%
Net loss · FY 2024
₹32.39 Cr margin -253.8%
EBITDA · FY 2024
-₹30.55 Cr margin -239.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 132%
5 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 68%
5 years · compounded
▼ 94%
Revenue has grown at a compounded annual rate (CAGR) of 136% over five years, including 25% growth in the latest year. EBITDA rose 33% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹30.55 Cr | ||||
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| Net Profit (PAT) | -₹32.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -239.4% | ||||
| Net Profit Margin | -253.8% | ||||
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To see the full financial statements and ratios of Medops Technology Private Limited, buy the company report.
Board of directors of Medops Technology Private Limited
Medops Technology has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Mendu | Director | 02 Mar 2017 | 9 Years 7 Months | Current |
| Arjun Kumar Mendu Also directs: Green Knotts Private Limited | Director | 02 Mar 2017 | 9 Years 7 Months | Current |
| Prachi Also directs: Imagine Healthfin Private Limited | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
| Rakesh Kumar Jain | Additional Director | 10 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Medops Technology Private Limited is audited by SATISH HEBBAR AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH HEBBAR AND CO. | FY 2023 | 017392S |
Shareholding
The shareholding of Medops Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medops Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹5.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2023 | 100699062 | Others | ₹5 Cr | Satisfied | |
| 13 Dec 2018 | 100245165 | Others | ₹80 Lakh | Satisfied |
To see the full charge records of Medops Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Medops Technology Private Limited has 12 deals on record (7 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹149.25 Cr; the latest was in May 2025.
Total deals
12
Funding rounds
7
Secondary share transfers
3
Convertible or debt financings
2
Disclosed funding
₹149.25 Cr
Deals on record (4 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Akshat Greentech Private Limited |
| Mar 2022 | Funding round · Pre-Series B | ₹81.95 Cr | Investors: Akshat Greentech Private Limited , Blume Ventures, Apollo Hospitals Enterprise Limited |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Akshat Greentech Private Limited Seller: Gopalan Family Enterprises, Cardbytes Digital Solution Private Limited , an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Medops Technology 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 Medops Technology 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 Medops Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medops Technology Private Limited has a workforce of 248 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
248
Active EPFO establishments
1
Employee growth
-11.43%
GST
Medops Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM8747M1ZH | Karnataka | Active | 11 Jan 2018 |
To see the full GST registrations and return filing status of Medops Technology Private Limited, buy the company report.
Recent activity
Medops Technology Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Rakesh Kumar Jain was appointed as Additional Director on 10 Oct 2025.
Appointed
Rakesh Kumar Jain was appointed as Additional Director.
Charges
A charge registered on 13 Feb 2023 via Charge ID 100699062 with Others was fully satisfied on 19 Sep 2025.
AGM
Medops Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medops Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100699062 was registered on 13 Feb 2023.
Appointed
Prachi was appointed as Director.
Charges
A charge registered on 13 Dec 2018 via Charge ID 100245165 with Others was fully satisfied on 21 Mar 2020.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100245165 was registered on 13 Dec 2018.
Appointed
Arjun Kumar Mendu was appointed as Director.
Appointed
Arun Kumar Mendu was appointed as Director.
Incorporation
02 Mar 2017
Medops Technology Private Limited was registered on 02 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Frequently asked questions
Medops Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in online healthcare services, within the internet industry. It was incorporated on 02 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101014.
Medops Technology has 4 current directors:
- Arun Kumar Mendu - Director
- Arjun Kumar Mendu - Director
- Prachi - Director
- Rakesh Kumar Jain - Additional Director
The latest financial statements of Medops Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Medops Technology is 29AAKCM8747M1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Medops Technology is U74999KA2017PTC101014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medops Technology was incorporated on 02 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Medops Technology has 12 deals on record (7 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹149.25 Cr; the latest was in May 2025.
Rakesh Kumar Jain was appointed as Additional Director on 10 Oct 2025. Prachi was appointed as Director on 14 Dec 2020. Arjun Kumar Mendu was appointed as Director on 02 Mar 2017. Medops Technology has 4 board changes on record in total.
Yes, Medops Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Medops Technology is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0280396).