Qure.Ai Technologies Private Limited

Qure.Ai Technologies Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2016PTC283891 Incorporated 19 July 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare MSME
Data last updated
Revenue · FY 2025
₹190.42 Cr
▲ 24% YoY
Net loss · FY 2025
₹90.37 Cr
Net margin -47.5%
EBITDA · FY 2025
-₹65 Cr
EBITDA margin -34.1%
Authorised capital
₹645.53 Cr
Registered with MCA
Paid-up capital
₹542.58 Cr
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
227
Provident fund records

About Qure.Ai Technologies Private Limited

Data last updated:

Qure.Ai Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283891. Its GSTIN is 27AAACQ4337P1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹645.53 Cr and a paid-up capital of ₹542.58 Cr. It is led by directors including Charles Antoine Janssen and Satish Avadhanam Raman.

Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹190.42 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹90.37 Cr (net margin -47.5%) and EBITDA of -₹65 Cr (EBITDA margin -34.1%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 170% over five years.

The company has about 227 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Qure.ai. As per MCA filings, the company has open charges of ₹50 Lakh on record. The company has 17 deals on record (8 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹749.76 Cr; the latest was in March 2025. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 24 overdue payments to 8 micro and small suppliers.

Qure.Ai Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0160244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qure.ai.

Company details

CIN U74999MH2016PTC283891
Registration Number 283891
Incorporation Date 19 July 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0160244

Recognitions & Rankings of Qure.Ai Technologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0160244

Contact details

Qure.Ai Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is qure.ai. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    6th Floor 606 Wing E Times Square, Andheri – Kurla Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059
  • Industry
    Healthcare, HealthTech & Medical Tech Solutions

To see the full contact details of Qure.Ai Technologies Private Limited, buy the company report.

Comprehensive company report
Qure.Ai Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Qure.Ai Technologies operates one associated brand: Qure.ai. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered solutions for medical imaging diagnosticsqure.ai

Business activity

The main business activity of Qure.Ai Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Qure.Ai Technologies Private Limited, buy the company report.

Financials of Qure.Ai Technologies Private Limited

FY 2025 filings available

Qure.Ai Technologies Private Limited reported revenue of ₹190.42 Cr (up 24% YoY) for FY 2025.

Revenue · FY 2025
₹190.42 Cr ▲ 24%
Net loss · FY 2025
₹90.37 Cr margin -47.5%
EBITDA · FY 2025
-₹65 Cr margin -34.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 69%
5 years · compounded
▲ 170%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 54%
5 years · compounded
▼ 20%

Revenue has grown at a compounded annual rate (CAGR) of 170% over five years, including 24% growth in the latest year. EBITDA fell 88% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹90.37 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-34.1%
Net Profit Margin-47.5%
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

To see the full financial statements and ratios of Qure.Ai Technologies Private Limited, buy the company report.

Board of directors and KMP of Qure.Ai Technologies Private Limited

Qure.Ai Technologies Private Limited currently reports 6 directors and 1 key managerial person. 17 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Charles Antoine JanssenDirector13 Apr 20224 Years 6 MonthsCurrent
Prashant WarierCeo01 Apr 20233 Years 6 MonthsCurrent
Satish Avadhanam RamanDirector28 Feb 20206 Years 7 MonthsCurrent
Chintamani Aniruddha BhagatDirector19 Jan 20233 Years 9 MonthsCurrent
Devtosh Kumar KhareDirector30 Oct 20241 Years 11 MonthsCurrent
Tarun SharmaNominee Director12 Dec 20241 Years 10 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Auditor

Qure.Ai Technologies Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Price Waterhouse Chartered Accountants LLPFY 2024012754N/N500016

Shareholding

The shareholding of Qure.Ai Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Qure.Ai Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 2023100771915The Hongkong and Shanghai Banking Corporation Limited₹50 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Qure.Ai Technologies Private Limited has 17 deals on record (8 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹749.76 Cr; the latest was in March 2025.

Total deals
17
Funding rounds
8
Secondary share transfers
7
Rights issue
1
Acquisition
1
Disclosed funding
₹749.76 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Mar 2025Secondary share transferUndisclosedBuyer: HealthQuad
Seller: 3 individuals
Feb 2025Secondary share transferUndisclosedBuyer: 360 ONE (IIFL Asset Management), Kae Capital Management
Seller: 3 individuals
Apr 2022Funding round · Series C₹300 CrInvestors: HealthQuad, Novo Holdings, MassMutual Ventures
Jul 2018Rights issue₹10 CrInvestors: Fractal Analytics Limited
Jan 2018Acquisition₹14.9 CrBuyer: Fractal Analytics Limited

To see the full deal history of Qure.Ai Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Qure.Ai Technologies Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 24 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
I R A & Associates
an individual supplier
Volt Mobility Private Limited
Tridindia IT Translation Services Private Limited
Vista Infosec Private Limited

To see the full MSME payment records of Qure.Ai Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Qure.Ai Technologies Private Limited has a workforce of 227 employees on its EPFO records as of Feb 04, 2025, across 1 active EPFO establishment.

Employee count
227
Active EPFO establishments
1
Employee growth
7.58%

GST

Qure.Ai Technologies has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACQ4337P1ZZMaharashtraActive23 Nov 2017
29AAACQ4337P1ZVKarnatakaActive27 Feb 2022

To see the full GST registrations and return filing status of Qure.Ai Technologies Private Limited, buy the company report.

Recent activity

Qure.Ai Technologies Private Limited has 21 board changes on record since 2018: 8 appointments and 13 cessations. The latest: Tarun Sharma ceased to be Additional Director on 05 Jan 2025.

AGM
Qure.Ai Technologies Private Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records.
Filing
Qure.Ai Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Tarun Sharma ceased to be Additional Director.
Appointed
Tarun Sharma was appointed as Nominee Director.
Ceased
Devtosh Kumar Khare ceased to be Additional Director.
Appointed
Devtosh Kumar Khare was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.50 Cr with Charge ID 100771915 was registered on 07 Aug 2023.
Appointed
Harsh Vaish was appointed as CFO.
Appointed
Prashant Warier was appointed as CEO.
Ceased
Chintamani Aniruddha Bhagat ceased to be Additional Director.
Appointed
Chintamani Aniruddha Bhagat was appointed as Director.
Ceased
Srikanth Velamakanni ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

Qure.Ai Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283891.

Qure.Ai Technologies has 7 current directors and KMP:

The latest financial statements of Qure.Ai Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Qure.Ai Technologies is 27AAACQ4337P1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACQ4337P1ZV (Karnataka).

The CIN (Corporate Identification Number) of Qure.Ai Technologies is U74999MH2016PTC283891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qure.Ai Technologies was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Qure.Ai Technologies has 17 deals on record (8 funding rounds, 7 secondary share transfers, 1 rights issue), with disclosed funding of ₹749.76 Cr; the latest was in March 2025.

Tarun Sharma ceased to be Additional Director on 05 Jan 2025. Tarun Sharma was appointed as Nominee Director on 12 Dec 2024. Devtosh Kumar Khare ceased to be Additional Director on 05 Nov 2024. Qure.Ai Technologies has 21 board changes on record in total.

Yes, Qure.Ai Technologies is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0160244).

Qure.Ai Technologies has 5 MSME Form 1 returns on record between 2021 and 2024, listing 24 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Qure.Ai Technologies can be reached through the website qure.ai. Its registered office is in Mumbai, Maharashtra, India.