About Proost Solutions Private Limited
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Proost Solutions Private Limited is a private limited company based in Shivajinagar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72100PN2016PTC164182.
The company has an authorised share capital of ₹1.25 Lakh and a paid-up capital of ₹1.25 Lakh. It was formerly known as Proost Solution Private Limited and Apricons Online Services Private Limited. It is led by directors including Vinita Revanu Navadgi and Sowmya Bhaktavatsalan.
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 12 Ramkunj Society Ics Colony Shivajinagar, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.69 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹10.95 Lakh (net margin -233.4%) and EBITDA of -₹9.44 Lakh (EBITDA margin -201.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 116% over five years.
The company is associated with 2 brands: DrPrax and Proost Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drprax.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address12 Ramkunj Society Ics Colony Shivajinagar, Maharashtra, India – 411007
- IndustryInformation Technology, Application Development & Software 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 Proost Solutions Private Limited
The main business activity of Proost Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Proost Solutions Private Limited FY 2025 filings available
Proost Solutions Private Limited reported revenue of ₹4.69 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Proost Solutions Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 116%. EBITDA rose 9% 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 Proost Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| 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 | -₹9.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.95 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Proost Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -201.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -233.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Proost Solutions are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Proost Solutions Private Limited
Proost Solutions Private Limited is audited by SPAY & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPAY & 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 Proost Solutions Private Limited
Proost Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Revanu Navadgi | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Sowmya Bhaktavatsalan Also directs: Fork Technologies Private Limited | Director | 17 Apr 2018 | 8 Years 5 Months | Current |
| Sonali Jayswal Ritesh Also directs: Consumyze Software Private Limited | Director | 19 Sep 2018 | 8 Years 0 Months | Current |
| Atul Damodar Shah | Director | 17 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Proost Solutions 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 Proost Solutions Private Limited
Proost Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Proost Solutions Private Limited
Proost Solutions operates two associated brands: DrPrax and Proost Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for doctor-patient interactions, consultations, and health advice services. | drprax.com | |
| A digital health platform for doctor-patient engagement is provided. | proost.in |
Competitors & Alternatives of Proost Solutions Private Limited
Brands and companies operating in the same space as Proost Solutions Private Limited include Modernizing Medicine, Flatiron Health, Practice Fusion and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Modernizing Medicine | AI-driven EMR and practice management software is delivered for clinics. | Boca Raton, United States | 2010 |
 Flatiron Health | Cloud-based oncology management tools are provided for cancer care providers. | New York, United States | 2012 |
 Practice Fusion | Cloud-based EHR system is provided for physicians' practices. | San Francisco, United States | 2005 |
 Healthie | A practice management platform is provided for nutrition professionals. | New York, United States | 2014 |
 Hyro | An AI-based conversational platform is provided for healthcare task automation. | New York, United States | 2014 |
 CareStack | Cloud-based software for dental practice management is developed. | Celebration, United States | 2015 |
 Medsphere Systems | Open-source healthcare software is provided by Medsphere Systems. | Carlsbad, United States | 2002 |
 Semble | A practice management and EHR platform for private healthcare is provided. | London, United Kingdom | 2016 |
 Hint Health | SaaS-based practice management solution is provided for healthcare professionals. | San Francisco, United States | 2013 |
 CipherHealth | SaaS based tools for patient engagement | New York, United States | 2009 |
Employees and EPFO Compliance at Proost Solutions Private Limited
Employment history and EPFO contributions of people linked to Proost Solutions.
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.
Name History of Proost Solutions Private Limited
Proost Solutions has undergone 2 name changes throughout its history. The company was previously known as Proost Solution Private Limited, and Apricons Online Services Private Limited. The current legal name is Proost Solutions Private Limited.
| Company Name | Status |
|---|---|
| Proost Solutions Private Limited | Current |
| Proost Solution Private Limited | Previous |
| Apricons Online Services Private Limited | Previous |
CIN History of Proost Solutions Private Limited
Proost Solutions has one previous CIN (Corporate Identification Number): U72200PN2016PTC164182. The current CIN is U72100PN2016PTC164182, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100PN2016PTC164182 | Current |
| U72200PN2016PTC164182 | Previous |
Recent Activity on Proost Solutions Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Proost Solutions 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 Proost Solutions 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 Proost Solutions 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 Proost Solutions Private Limited
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 Proost Solutions 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 Proost Solutions Private Limited
Proost Solutions is an active private limited company based in Shivajinagar, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 April 2016 (10+ years old) and is registered under CIN U72100PN2016PTC164182.
Proost Solutions reported revenue of ₹4.69 Lakh for FY 2025 (down 1% YoY).
Proost Solutions has 4 current directors:
- Vinita Revanu Navadgi - Director
- Sowmya Bhaktavatsalan - Director
- Sonali Jayswal Ritesh - Director
- Atul Damodar Shah - Director
Proost Solutions reported a net loss of ₹10.95 Lakh (net margin -233.4%) and EBITDA of -₹9.44 Lakh (EBITDA margin -201.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Proost Solutions is -23% over three years and 116% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Proost Solutions is U72100PN2016PTC164182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proost Solutions was incorporated on 28 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Yes, Proost Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Proost Solutions can be reached through the website drprax.com. Its registered office is in Shivajinagar, Maharashtra, India.