MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0160244
Qure.Ai Technologies Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
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. Its 10 peer companies in the Healthcare industry (AI Technologies, Healthcare Technology) are compared by revenue, 5 larger and 5 smaller; the largest is DH Healthcare Software Services India Private Limited with revenue of ₹224.7 Cr. 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 of Qure.Ai Technologies Private Limited
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
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor 606 Wing E Times Square, Andheri – Kurla Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryHealthcare, HealthTech & Medical Tech Solutions
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Business Activity of Qure.Ai Technologies Private Limited
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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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) of Qure.Ai Technologies Private Limited
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 of Qure.Ai Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Qure.Ai Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | •••• | •••• | •••• | •••• | •••• |
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 Qure.Ai Technologies are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charles Antoine Janssen Also directs: Sekhmet Technologies Private Limited, Touchkin Eservices Private Limited, Neurosynaptic Communications Private Limited and 5 more | Director | 13 Apr 2022 | 4 Years 6 Months | Current |
| Prashant Warier | Ceo | 01 Apr 2023 | 3 Years 6 Months | Current |
| Satish Avadhanam Raman | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Chintamani Aniruddha Bhagat | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Devtosh Kumar Khare Also directs: Pepper Content Private Limited, Zluri Technologies Private Limited, Riversys Technologies Private Limited and 1 more | Director | 30 Oct 2024 | 1 Years 11 Months | Current |
| Tarun Sharma Also directs: Adret Retail Private Limited, Hearing Solutions Private Limited, Sri Kauvery Medical Care (India) Limited and 1 more | Nominee Director | 12 Dec 2024 | 1 Years 10 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer Comparison of Qure.Ai Technologies Private Limited
Qure.Ai Technologies Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (AI Technologies, Healthcare Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DH Healthcare Software Services India Private Limited | ₹224.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Skanray Technologies Limited | ₹213.3 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mysore, Karnataka, India |
| Sudhir Srivastava Innovations Private Limited | ₹203.39 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Haryana, India |
| Veradigm India Private Limited | ₹198.85 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Docon Technologies Private Limited | ₹195.66 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
| Qure.Ai Technologies Private Limited this company | ₹190.42 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Onsurity Technologies Private Limited | ₹168.26 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Health Prime Services (India) Private Limited | ₹156.1 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Symphony Concerto India Private Limited | ₹155.26 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Omega Healthcare Management Solutions Private Limited | ₹151.2 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Maverick Simulation Solutions Limited | ₹138.86 Cr (FY 2025) | •••• | •••• | 861.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Qure.Ai Technologies by revenue in the Healthcare industry (AI Technologies, Healthcare Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Qure.Ai Technologies Private Limited
Qure.Ai Technologies Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Qure.Ai Technologies Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Qure.Ai Technologies Private Limited
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Qure.Ai Technologies Private Limited
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: HealthQuad Seller: 3 individuals |
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: 360 ONE (IIFL Asset Management), Kae Capital Management Seller: 3 individuals |
| Apr 2022 | Funding round · Series C | ₹300 Cr | Investors: HealthQuad, Novo Holdings, MassMutual Ventures |
| Jul 2018 | Rights issue | ₹10 Cr | Investors: Fractal Analytics Limited |
| Jan 2018 | Acquisition | ₹14.9 Cr | Buyer: Fractal Analytics Limited |
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Full deal history
All 17 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Qure.Ai Technologies Private Limited
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| I R A & Associates | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Volt Mobility Private Limited | •••• | •••• | •••• |
| Tridindia IT Translation Services Private Limited | •••• | •••• | •••• |
| Vista Infosec Private Limited | •••• | •••• | •••• |
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Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Qure.Ai Technologies Private Limited
Qure.Ai Technologies Private Limited has a workforce of 227 employees as of Feb 04, 2025.
Employee count
227
Active EPFO establishments
1
Employee growth
7.58%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Qure.Ai Technologies Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Qure.Ai Technologies Private Limited
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Subsidiaries & Group Companies of Qure.Ai Technologies Private Limited
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Corporate group structure
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GST Compliance of Qure.Ai Technologies Private Limited
Qure.Ai Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ4337P1ZZ | Maharashtra | Active | 23 Nov 2017 |
| 29AAACQ4337P1ZV | Karnataka | Active | 27 Feb 2022 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Qure.Ai Technologies Private Limited
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Frequently Asked Questions about Qure.Ai Technologies Private Limited
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 reported revenue of ₹190.42 Cr for FY 2025 (up 24% YoY).
Qure.Ai Technologies has 7 current directors and KMP:
- Charles Antoine Janssen - Director
- Satish Avadhanam Raman - Director
- Chintamani Aniruddha Bhagat - Director
- Devtosh Kumar Khare - Director
- Tarun Sharma - Nominee Director
- Amit Kakar - Director
- Prashant Warier - Ceo
Qure.Ai Technologies reported a net loss of ₹90.37 Cr (net margin -47.5%) and EBITDA of -₹65 Cr (EBITDA margin -34.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qure.Ai Technologies is 69% over three years and 170% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Qure.Ai Technologies by revenue are DH Healthcare Software Services India Private Limited, Skanray Technologies Limited, Sudhir Srivastava Innovations Private Limited, Veradigm India Private Limited, Docon Technologies Private Limited and 5 more, all in the Healthcare industry (AI Technologies, Healthcare Technology).
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).