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Plus Health Tech Ventures Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26 Cr
▼ 28% YoY
Net loss · FY 2025
₹26.29 Cr
Net margin -101.1%
EBITDA · FY 2025
-₹20.41 Cr
EBITDA margin -78.5%
Authorised capital
₹27 Lakh
Registered with MCA
Paid-up capital
₹16.96 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹44 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
515
Provident fund records
About Plus Health Tech Ventures Private Limited
Data last updated:
Plus Health Tech Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 28 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC129117. Its GSTIN is 29AAKCP8428Q1ZC (Karnataka). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹16.96 Lakh. It is led by directors including Himesh Joshi and Ritesh Banglani.
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 185/A 22nd Cross 3rd Sector H.S.R. Layout Bangalore – 560102 India, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹26 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹26.29 Cr (net margin -101.1%) and EBITDA of -₹20.41 Cr (EBITDA margin -78.5%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 196% over five years.
The company has about 515 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ayu Health. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹44 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending. The company has 14 deals on record (8 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹306.94 Cr; the latest was in November 2024. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 107 overdue payments to 22 micro and small suppliers.
For more details, the company can be reached via its website ayu.health.
Company details
CIN U72900KA2019PTC129117
Registration Number 129117
Incorporation Date 28 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Plus Health Tech Ventures
Contact details
Plus Health Tech Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is ayu.health. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address185/A 22nd Cross 3rd Sector H.S.R. Layout Bangalore – 560102 India, Karnataka, India – 560102
- IndustryHealthcare, Hospitals
To see the full contact details of Plus Health Tech Ventures Private Limited, buy the company report.
Comprehensive company report
Plus Health Tech Ventures 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
Plus Health Tech Ventures operates one associated brand: Ayu Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology-enabled hospital network streamlines insurance and operations. | ayu.health |
Business activity
The main business activity of Plus Health Tech Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Plus Health Tech Ventures Private Limited, buy the company report.
Financials of Plus Health Tech Ventures Private Limited
FY 2025 filings availablePlus Health Tech Ventures Private Limited reported revenue of ₹26 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹26 Cr ▼ 28%
Net loss · FY 2025
₹26.29 Cr margin -101.1%
EBITDA · FY 2025
-₹20.41 Cr margin -78.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 87%
5 years · compounded
▲ 196%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 27%
5 years · compounded
▼ 71%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 196%. EBITDA rose 73% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹20.41 Cr | ||||
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| Net Profit (PAT) | -₹26.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -78.5% | ||||
| Net Profit Margin | -101.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Plus Health Tech Ventures Private Limited, buy the company report.
Board of directors of Plus Health Tech Ventures Private Limited
Plus Health Tech Ventures has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himesh Joshi Also directs: Ah Insurtech Private Limited, Vikram Aura Private Limited | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
| Ritesh Banglani Also directs: Stellaris Advisors LLP, Stellaris Venture Advisors 2 LLP, Stellaris Partners 2 LLP and 5 more | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Karan Gupta Also directs: Ah Insurtech Private Limited, Vikram Aura Private Limited | Director | 28 Oct 2019 | 6 Years 11 Months | Current |
| Piyush Kharbanda Also directs: Eventila Technologies Private Limited, Neutopia Technology Private Limited, Tortoise Systems Private Limited and 4 more | Nominee Director | 20 May 2021 | 5 Years 5 Months | Current |
Auditor
Plus Health Tech Ventures Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 008072S |
Shareholding
The shareholding of Plus Health Tech Ventures Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Plus Health Tech Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2025 | 101145567 | Others | ₹3 Cr | Open | |
| 31 May 2022 | 100587854 | Others | ₹35 Cr | Satisfied | |
| 31 Jul 2021 | 100478199 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Plus Health Tech Ventures Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Plus Health Tech Ventures Private Limited has 14 deals on record (8 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹306.94 Cr; the latest was in November 2024.
Total deals
14
Funding rounds
8
Secondary share transfers
4
Debt financing
1
Convertible or debt financing
1
Disclosed funding
₹306.94 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Debt financing | ₹20 Cr | Investors: Alteria Capital |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Vertex Ventures SE Asia & India Seller: an individual |
| Apr 2022 | Funding round · Series B | ₹160.7 Cr | Investors: Fundamentum Partnership, Vertex Ventures SE Asia & India, Stellaris Venture Partners |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: Stellaris Venture Partners Seller: 2 individuals |
| May 2021 | Funding round · Series A | ₹37.94 Cr | Investors: Vertex Ventures SE Asia & India, Stellaris Venture Partners, 2 individuals |
To see the full deal history of Plus Health Tech Ventures 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
Plus Health Tech Ventures Private Limited has 4 court cases on record: 4 filed by Plus Health Tech Ventures. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Ace Embedded Intensive Care Units Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Diyos Hospital | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Le Crest Hospital | Disposed |
To see the full case history of Plus Health Tech Ventures 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
Plus Health Tech Ventures Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 107 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exotel Techcom Private Limited | |||
| Docplexus Online Services Private Limited | |||
| Tricog Health India Private Limited | |||
| an individual supplier | |||
| Handy Online Solutions Private Limited |
To see the full MSME payment records of Plus Health Tech Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Plus Health Tech Ventures Private Limited has a workforce of 515 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
515
Active EPFO establishments
1
Employee growth
-8.69%
GST
Plus Health Tech Ventures has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP8428Q1ZC | Karnataka | Active | 22 Nov 2019 |
| 29AAKCP8428Q1CN | Karnataka | Active | 23 Jul 2022 |
| 29AAKCP8428Q2ZB | Karnataka | Active | 01 May 2024 |
| 06AAKCP8428Q1ZK | Haryana | Active | 16 Aug 2023 |
To see the full GST registrations and return filing status of Plus Health Tech Ventures Private Limited, buy the company report.
Recent activity
Plus Health Tech Ventures Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Arjit Gupta ceased to be Director on 01 Aug 2025.
AGM
Plus Health Tech Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Arjit Gupta ceased to be Director.
Filing
Plus Health Tech Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Prateek Kumar Jain ceased to be Nominee Director.
Charges
A charge registered on 31 May 2022 via Charge ID 100587854 with Others was fully satisfied on 10 Feb 2025.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 101145567 was registered on 30 Jan 2025.
Charges
A charge registered on 31 Jul 2021 via Charge ID 100478199 with Others was fully satisfied on 22 Aug 2024.
Charges
A charge with Others of Rs. 3,500.00 Lakh registered on 31 May 2022 with Charge ID 100587854 was modified on 09 Sep 2022.
Charges
A charge with Others amounted to Rs. 3,500.00 Lakh with Charge ID 100587854 was registered on 31 May 2022.
Charges
A charge with Others amounted to Rs. 900.00 Lakh with Charge ID 100478199 was registered on 31 Jul 2021.
Appointed
Piyush Kharbanda was appointed as Nominee Director.
Ceased
Ritesh Banglani ceased to be Additional Director.
4 earlier events are in the company report.
News
Frequently asked questions
Plus Health Tech Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 28 October 2019 (7+ years old) and is registered under CIN U72900KA2019PTC129117.
Plus Health Tech Ventures has 4 current directors:
- Himesh Joshi - Director
- Ritesh Banglani - Director
- Karan Gupta - Director
- Piyush Kharbanda - Nominee Director
The latest financial statements of Plus Health Tech Ventures 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 2020 are in the company report.
The GSTIN of Plus Health Tech Ventures is 29AAKCP8428Q1ZC, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AAKCP8428Q1CN (Karnataka), 29AAKCP8428Q2ZB (Karnataka), 06AAKCP8428Q1ZK (Haryana).
The CIN (Corporate Identification Number) of Plus Health Tech Ventures is U72900KA2019PTC129117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plus Health Tech Ventures has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the high courts.
Plus Health Tech Ventures was incorporated on 28 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Plus Health Tech Ventures has 14 deals on record (8 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹306.94 Cr; the latest was in November 2024.
Arjit Gupta ceased to be Director on 01 Aug 2025. Prateek Kumar Jain ceased to be Nominee Director on 31 Mar 2025. Piyush Kharbanda was appointed as Nominee Director on 20 May 2021. Plus Health Tech Ventures has 7 board changes on record in total.
Yes, Plus Health Tech Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Plus Health Tech Ventures has 5 MSME Form 1 returns on record between 2023 and 2024, listing 107 overdue payments to 22 micro and small suppliers. The latest return was filed on 18 Apr 2024.