About Medyug Technology Private Limited
Data last updated:
Medyug Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 26 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2013PTC068770. Its GSTIN is 29AAICM5846R1ZF (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36.69 Lakh. It is led by directors Baljit Singh and Sunistha Singh.
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 No.609 C – Block Aecs Layout Kundanahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹38.96 Lakh (net margin -32.5%) and EBITDA of -₹40.83 Lakh (EBITDA margin -34.1%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 27% over five years.
The company is associated with 3 brands: mTatva, Simbo and SimboAlpha. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.53 Cr; the latest was in March 2019. Its 10 peer companies in the Healthcare industry (Healthcare Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Gagahealth Private Limited with revenue of ₹1.22 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website healthpieapp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.609 C – Block Aecs Layout Kundanahalli, Bangalore, Karnataka, India – 560037
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Medyug Technology Private Limited
The main business activity of Medyug Technology is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Medyug Technology Private Limited FY 2025 filings available
Medyug Technology Private Limited reported revenue of ₹1.2 Cr (up 2682% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Medyug Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years. EBITDA rose 79% 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 of Medyug Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹40.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.96 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 of Medyug Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medyug Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Medyug Technology Private Limited
Medyug Technology Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gagahealth Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 185.0% | •••• | New Delhi, Delhi, India |
| Millennium Ancillary Services Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Coimbatore, Tamil Nadu, India |
| Embryyo Technologies Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 233.0% | •••• | Pune, Maharashtra, India |
| Chainworks Digital Private Limited | ₹1.2 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| I2i Telesolutions and Telemedicine Private Limited | ₹1.2 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Bangalore, Karnataka, India |
| Medyug Technology Private Limited this company | ₹1.2 Cr (FY 2024) | •••• | •••• | 2682.0% | •••• | Bangalore, Karnataka, India |
| Ihxcloud Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Bangalore, Karnataka, India |
| Eawa Life Science Technologies Private Limited | ₹1.18 Cr (FY 2024) | •••• | •••• | 800.0% | •••• | Thiruvavanthapuram, Kerala, India |
| Dodda Medical Office Services Private Limited | ₹1.17 Cr (FY 2023) | •••• | •••• | 5.0% | •••• | Guntur, Andhra Pradesh, India |
| Informics Digital Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Mediotek Health Systems Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 204.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Medyug Technology by revenue in the Healthcare industry (Healthcare Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Medyug Technology Private Limited
Medyug Technology Private Limited is audited by MMK and Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MMK and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Medyug Technology Private Limited
Medyug Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunistha Singh Also directs: Mankash AI Labs LLP | Additional Director | 13 Sep 2013 | 13 Years 0 Months | Current |
| Baljit Singh Also directs: Mankash AI Labs LLP | Director | 26 Apr 2013 | 13 Years 5 Months | Current |
Ownership and Shareholding of Medyug Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medyug Technology Private Limited
Medyug Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Medyug Technology Private Limited
Medyug Technology Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.53 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹5.33 Cr | Investors: 4 individuals |
| Nov 2017 | Funding round | ₹60 Lakh | Investors: 4 individuals |
| May 2016 | Funding round | ₹25 Lakh | Investors: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2014 | Funding round | ₹20 Lakh | Investors: 4 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Medyug Technology Private Limited
Medyug Technology operates multiple associated brands including mTatva, Simbo, and SimboAlpha. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Patient health record and relevant services such as patient education and medication reminders | mtatva.com | |
| Healthcare processes are automated by Simbo's AI platform. | simbo.ai | |
| AI-based EMR management is offered to healthcare professionals. | simboalpha.com |
Employees and EPFO Compliance at Medyug Technology Private Limited
Employment history and EPFO contributions of people linked to Medyug Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Medyug Technology Private Limited
Medyug Technology Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Shivani Aggarwal ceased to be Director on 13 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Medyug Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Medyug Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Medyug Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Medyug Technology Private Limited
Medyug Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM5846R1ZF | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Medyug Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medyug Technology Private Limited
Medyug Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 26 April 2013 (13+ years old) and is registered under CIN U73100KA2013PTC068770.
Medyug Technology reported revenue of ₹1.2 Cr for FY 2024 (up 2682% YoY).
Medyug Technology has 2 current directors:
- Sunistha Singh - Additional Director
- Baljit Singh - Director
Medyug Technology reported a net loss of ₹38.96 Lakh (net margin -32.5%) and EBITDA of -₹40.83 Lakh (EBITDA margin -34.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medyug Technology is 73% over three years and 27% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medyug Technology is 29AAICM5846R1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Medyug Technology is U73100KA2013PTC068770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medyug Technology was incorporated on 26 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Medyug Technology has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.53 Cr; the latest was in March 2019.
The peers of Medyug Technology by revenue are Gagahealth Private Limited, Millennium Ancillary Services Private Limited, Embryyo Technologies Private Limited, Chainworks Digital Private Limited, I2i Telesolutions and Telemedicine Private Limited and 5 more, all in the Healthcare industry (Healthcare Technology).
Shivani Aggarwal ceased to be Director on 13 Sep 2013. Sunistha Singh was appointed as Additional Director on 13 Sep 2013. Baljit Singh was appointed as Director on 26 Apr 2013.