About Qikwell Technologies India Private Limited
Data last updated: 10 January 2026
Qikwell Technologies India Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Practo Pte Ltd. It specialises in online healthcare services, a part of the broader internet and digital services sector. Incorporated on 09 September 2011, the company has been in operation for over 15 years.
Registered with ROC Bangalore under CIN U72900KA2011PTC060337.
Capital: an authorised share capital of ₹60.6 Lakh and a paid-up capital of ₹59.01 Lakh. It is led by directors including Abhinav Lal and Alex Kuruvilla.
Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.36 Cr, a decline of 17% compared to the previous year.
The company has a workforce of approximately 120 employees as per the latest available data. It operates as a subsidiary of Practo Pte Ltd. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Qikwell, Practo. As per MCA filings, the company has open charges of ₹3.5 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 practo.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressGaruda Bhive 4Th Flr Bmtc Complex, Kuvempunagar Stg 2 Btm Layout, Bangalore South, Karnataka, India – 560068
-
IndustryInternet, Online Healthcare Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited operates two associated brands: Qikwell and Practo. These brands represent Qikwell Technologies India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online doctor appointment booking platform | qikwell.com | |
| Doctor appointments are booked and healthcare professionals are consulted online. | practo.com |
Competitors & Alternatives of Qikwell Technologies India Private Limited
Brands and companies operating in the same space as Qikwell Technologies India Private Limited include MediBuddy, Zocdoc, Hinge Health and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
MediBuddy
|
Online platform offering multiple healthcare services | Bengaluru, India, India | 2013 |
Zocdoc
|
Healthcare appointments are booked online via Zocdoc's platform. | New York, United States, United States | 2007 |
Hinge Health
|
Virtual physical therapy and digital pain care solutions are provided. | San Francisco, United States, United States | 2015 |
ekincare
|
Employee wellness is managed via a digital health benefits platform. | Hyderabad, India, India | 2015 |
Halodoc
|
An online teleconsultation platform for health disorders is provided. | Jakarta, Indonesia, Indonesia | 2016 |
Castlight
|
Cloud-based healthcare provider and pricing data is delivered to enterprises. | San Francisco, United States, United States | 2008 |
API Holdings
|
Digital healthcare tools are offered for pharmacies and clinics management. | Mumbai, India, India | 2012 |
Cerner
|
Online platform for employee health benefits | North Kansas City, United States, United States | 1979 |
Mfine
|
Provider of online doctor consultations, at-home lab tests, and health packages | Bengaluru, India, India | 2017 |
Betterfly
|
Employee health and well-being solutions are delivered through a platform. | Santiago, Chile, Chile | 2018 |
Business Activity of Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | ********* |
Auditor Details of Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited is audited by BSR AND CO LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BSR AND CO LLP | blur-value | blur-value | blur-value |
Board of Directors of Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Lal | Director | 12 Nov 2016 | 9 Years 8 Months | Current |
|
Alex Kuruvilla
Also directs:
Sri Naga Sai Healthcare Private Limited, Astralis Pharmacy Private Limited, Heilsa Healthcare Private Limited and 1 more
|
Director | 19 Dec 2023 | 2 Years 6 Months | Current |
| Siddhartha Nihalani | Director | 19 Dec 2023 | 2 Years 6 Months | Current |
Financials of Qikwell Technologies India Private Limited FY 2025 filings available
Qikwell Technologies India Private Limited reported revenue of ₹109.36 Cr (down 17% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Qikwell Technologies India Private Limited
As of FY 2023, Qikwell Technologies India Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Qikwell Technologies India Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Practo Rx Services Private Limited | U74999KA2018PTC117431 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Qikwell Technologies India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2023 | Hdfc Bank Limited | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited has a workforce of 120 employees as of Apr 05, 2024.
Employee Count & EPFO Data of Qikwell Technologies India Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Qikwell Technologies India Private Limited
GSTIN & GST Filing Data of Qikwell Technologies India Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Qikwell Technologies India Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Qikwell Technologies India Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Qikwell Technologies India Private Limited
MSME Payment Delays by Qikwell Technologies India Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Qikwell Technologies India Private Limited
Subsidiaries & Group Companies of Qikwell Technologies India Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Qikwell Technologies India Private Limited with ownership details.
MCA Filings & Documents of Qikwell Technologies India Private Limited
MCA Filings & Documents of Qikwell Technologies India Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Qikwell Technologies India Private Limited
Frequently Asked Questions about Qikwell Technologies India Private Limited
Qikwell Technologies India Private Limited is an active private limited company in the internet sector based in Bangalore South, Karnataka, India. It was incorporated on 09 September 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060337. The company has 120 employees.
Qikwell Technologies India Private Limited reported revenue of ₹109.36 Cr for FY 2025 (down 17.00% YoY).
The current directors of Qikwell Technologies India Private Limited are:
The primary industry of Qikwell Technologies India Private Limited is internet. The company specifically operates in online healthcare services. The company is currently active in this sector.
Qikwell Technologies India Private Limited can be reached at the registered office: Garuda Bhive 4Th Flr Bmtc Complex, Kuvempunagar Stg 2 Btm Layout, Bangalore South, Karnataka, India – 560068, or through the website practo.com.
The authorised capital is ₹60.6 Lakh, and the paid-up capital is ₹59.01 Lakh.