Medway Technologies Private Limited

Medway Technologies Private Limited - healthcare in Bangalore North, Karnataka, India. FY 2026 financials and compliance.
CIN U72900KA2020PTC133661 Incorporated 04 April 2020 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2024
₹2.53 Cr
▼ 68.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.56 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹2 Cr
Company age
6 yrs
Est. 2020
Last financials
Mar 2025
Balance sheet date

About Medway Technologies Private Limited

Data last updated: 07 February 2026

Medway Technologies Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It specialises in healthtech and medical tech solutions, a part of the broader healthcare sector. Incorporated on 04 April 2020, the company has been in operation for over 6 years.

Registered with ROC Bangalore under CIN U72900KA2020PTC133661.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.56 Lakh. It is led by directors including Ravi Chandra Merugu and Abhijeet Ashok Kanetkar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.53 Cr, a decline of 68% compared to the previous year.

The company is associated with 1 brand - Medpay. As per MCA filings, the company has satisfied charges of ₹2 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medpay.ai.

Company Details of Medway Technologies Private Limited
CIN U72900KA2020PTC133661
Registration Number 133661
Incorporation Date 04 April 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Apps
  • Registered Address
    No. 198 Cmh Road 2Nd Floor, Suite No. 1016, Bangalore North, Karnataka, India – 560038
  • Industry
    Healthcare, HealthTech & Medical Tech Solutions
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Financials, compliance, directors, charges, ownership and filings for Medway Technologies Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Medway Technologies Private Limited

Medway Technologies Private Limited operates one associated brand: MedPay. These brands represent Medway Technologies Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Digital network platform that connects healthcare providers with insurers medpay.in

Competitors & Alternatives of Medway Technologies Private Limited

Brands and companies operating in the same space as Medway Technologies Private Limited include Tata 1mg, SastaSundar, PharmEasy and 6 more.

Competitor Description Location Founded
Tata 1mg Tata 1mg Provider of an online pharmacy with doctor listing and teleconsultation services Delhi, India, India 2015
SastaSundar SastaSundar An online marketplace for healthcare products is operated. Kolkata, India, India 2011
PharmEasy PharmEasy Provider of an online pharmacy and healthcare platforms Mumbai, India, India 2015
MedPlus MedPlus Medicines and health products are retailed through pharmacy outlets. Hyderabad, India, India 2006
Truemeds Truemeds Provider of an online pharmacy and telehealth platform Mumbai, India, India 2019
Netmeds Netmeds Provider of an online store for medicines and healthcare products Chennai, India, India 2015
Medlife Medlife Provider of an online pharmacy for medications Bengaluru, India, India 2014
Healspan Healspan Insurance policies and claims are managed via an automated platform. Bengaluru, India, India 2022
CoverSelf CoverSelf Healthcare payment integrity platform provided for payers and providers. San Francisco, United States, United States 2020

Business Activity of Medway Technologies Private Limited

Medway Technologies Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J8 Other information & communication service activities Locked
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Auditor Details of Medway Technologies Private Limited

Medway Technologies Private Limited is audited by P R SHUKLA & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
P R SHUKLA & ASSOCIATES Locked Locked Locked
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Board of Directors of Medway Technologies Private Limited

Medway Technologies Private Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ravi Chandra Merugu Director 04 Apr 2020 6 Years 4 Months Current
Abhijeet Ashok Kanetkar Additional Director 28 Jan 2026 0 Years 6 Months Current
Viswanathan Nelluvaya Subrahmanian Iyer Additional Director 15 Sep 2025 0 Years 10 Months Current

Financials of Medway Technologies Private Limited FY 2025 filings available

Medway Technologies Private Limited reported revenue of ₹2.53 Cr (down 68.00% YoY) for FY 2024.

Revenue · FY 2024
₹2.53 Cr ▼ 68.00%
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Ownership and Shareholding of Medway Technologies Private Limited

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Shareholding and ownership data for Medway Technologies Private Limited

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Charges & Borrowings of Medway Technologies Private Limited

Open charges
₹0
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateLenderAmountStatus
24 Mar 2022 Others ₹2 Cr Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Medway Technologies Private Limited

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Employee and EPFO history for Medway Technologies Private Limited

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GST Compliance of Medway Technologies Private Limited

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GST registrations and filing compliance for Medway Technologies Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Medway Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts for Medway Technologies Private Limited

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MSME Payment Delays by Medway Technologies Private Limited

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MSME payment history for Medway Technologies Private Limited

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Subsidiaries & Group Companies of Medway Technologies Private Limited

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Corporate group structure for Medway Technologies Private Limited

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MCA Filings & Documents of Medway Technologies Private Limited

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MCA filings and documents for Medway Technologies Private Limited

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Recent Activity on Medway Technologies Private Limited

Directors
28 Jan 2026
Abhijeet Ashok Kanetkar was appointed as a Additional Director on 28 Jan 2026 & has been associated with this company since 6 months 14 days.
Activity
30 Sep 2025
Medway Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Directors
15 Sep 2025
Viswanathan Nelluvaya Subrahmanian Iyer was appointed as a Additional Director on 15 Sep 2025 & has been associated with this company since 10 months 26 days.
Activity
31 Mar 2025
Medway Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
03 Feb 2023
A charge registered on 24 Mar 2022 via Charge ID 100562714 with Others was fully satisfied on 03 Feb 2023.
Charges
24 Mar 2022
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100562714 was registered on 24 Mar 2022.

Recent News on Medway Technologies Private Limited

Frequently Asked Questions about Medway Technologies Private Limited

Medway Technologies Private Limited is an active private limited company in the healthcare sector based in Bangalore North, Karnataka, India. It was incorporated on 04 April 2020 (6+ years old) and is registered under CIN U72900KA2020PTC133661.

Medway Technologies Private Limited reported revenue of ₹2.53 Cr for FY 2024 (down 68.00% YoY).

The current directors of Medway Technologies Private Limited are:

The primary industry of Medway Technologies Private Limited is healthcare. The company specifically operates in healthtech and medical tech solutions. The company is currently active in this sector.

Yes, Medway Technologies Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Medway Technologies Private Limited can be reached at the registered office: No. 198 Cmh Road 2Nd Floor, Suite No. 1016, Bangalore North, Karnataka, India – 560038, or through the website medpay.ai.

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