About Qikwell Technologies India Private Limited
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Qikwell Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Practo Pte Ltd. It operates in the online healthcare services segment of the internet and digital services sector. It was incorporated on 09 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060337. Its GSTIN is 29AAACQ2765P1ZR (Karnataka).
The company has 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.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, 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. For the same year it recorded a net profit of ₹18.46 Cr (net margin 16.9%) and EBITDA of ₹19.43 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 48% over five years.
The company has about 120 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Qikwell and Practo. As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 9 cases are pending. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹67.89 Cr; the latest was in June 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 5 micro and small suppliers.
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.
Company details
Contact details
Qikwell Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is practo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGaruda Bhive 4th Flr Bmtc Complex, Kuvempunagar Stg 2 Btm Layout, Bangalore, Karnataka, India – 560068
- IndustryInternet, Online Healthcare Services
To see the full contact details of Qikwell Technologies India Private Limited, buy the company report.
- 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
Brands
Qikwell Technologies India operates two associated brands: Qikwell and Practo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online doctor appointment booking platform | qikwell.com | |
| Doctor appointments are booked and healthcare professionals are consulted online. | practo.com |
Business activity
The main business activity of Qikwell Technologies India 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 Qikwell Technologies India Private Limited, buy the company report.
Financials of Qikwell Technologies India Private Limited
FY 2025 filings availableQikwell Technologies India Private Limited reported revenue of ₹109.36 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 6% 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 | ₹19.43 Cr | ||||
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| Net Profit (PAT) | ₹18.46 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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| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 16.9% | ||||
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To see the full financial statements and ratios of Qikwell Technologies India Private Limited, buy the company report.
Board of directors of Qikwell Technologies India Private Limited
Qikwell Technologies India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Lal | Director | 12 Nov 2016 | 9 Years 11 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 10 Months | Current |
| Siddhartha Nihalani | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Qikwell Technologies India Private Limited is audited by BSR AND CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR AND CO LLP | FY 2022 | 101248W/W-100022 |
Shareholding
The shareholding of Qikwell Technologies India Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Qikwell Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2023 | 100755939 | Hdfc Bank Limited | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Qikwell Technologies India Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹67.89 Cr; the latest was in June 2023.
Deals on record (3 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round · Series C | ₹6.91 Cr | Investors: Practo Pte Limited |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Practo Pte Limited Seller: 4 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Practo Pte Limited, an individual Seller: Elevation Capital (SAIF Partners), 3 individuals |
To see the full deal history of Qikwell Technologies India 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
Qikwell Technologies India Private Limited has 13 court cases on record: 12 filed by Qikwell Technologies India, 1 filed against it. 9 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 7 |
| District courts | 5 | 0 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against Smiles Institute of Gastroenterology LLP | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Smiles Institute of Gastroenterology LLP | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Commercial Taxes (Audit)-3.8 | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Commercial Taxes (Audit )3.8 | Pending |
To see the full case history of Qikwell Technologies India 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
Qikwell Technologies India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BMP & Co. LLP | |||
| Exotel Techcom Private Limited | |||
| an individual supplier | |||
| Guru and Jana | |||
| Remedia Facility Management Private Limited |
To see the full MSME payment records of Qikwell Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Qikwell Technologies India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Practo RX Services Private Limited | U74999KA2018PTC117431 |
To see the full group structure of Qikwell Technologies India Private Limited, buy the company report.
Employees & EPFO
Qikwell Technologies India Private Limited has a workforce of 120 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Qikwell Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ2765P1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qikwell Technologies India Private Limited, buy the company report.
Recent activity
Qikwell Technologies India Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Alex Kuruvilla ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Qikwell Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in online healthcare services, within the internet industry. It was incorporated on 09 September 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060337.
Qikwell Technologies India has 3 current directors:
- Abhinav Lal - Director
- Alex Kuruvilla - Director
- Siddhartha Nihalani - Director
The latest financial statements of Qikwell Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Qikwell Technologies India is 29AAACQ2765P1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Qikwell Technologies India is U72900KA2011PTC060337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qikwell Technologies India has 13 court cases on record: 12 filed by the company and 1 filed against it. 9 are pending. Most are in the high courts.
Qikwell Technologies India was incorporated on 09 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Qikwell Technologies India has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹67.89 Cr; the latest was in June 2023.
Alex Kuruvilla ceased to be Additional Director on 29 Sep 2024. Siddhartha Nihalani ceased to be Additional Director on 29 Sep 2024. Alex Kuruvilla was appointed as Director on 19 Dec 2023. Qikwell Technologies India has 11 board changes on record in total.
Qikwell Technologies India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Qikwell Technologies India can be reached through the website practo.com. Its registered office is in Bangalore, Karnataka, India.