- Udyam number
- UDYAM-MH-18-0160244

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.
Recognitions & Rankings of Qure.Ai Technologies
- 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
- 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
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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Qure.Ai Technologies Private Limited
FY 2025 filings availableQure.Ai Technologies Private Limited reported revenue of ₹190.42 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in 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.
| 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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| 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
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.
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 |
: available in 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)
| 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 | •••• | •••• | •••• |
: available in the company report
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
Qure.Ai Technologies Private Limited has a workforce of 227 employees as of Feb 04, 2025.
: available in 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.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Qure.Ai Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ4337P1ZZ | Maharashtra | Active | 23 Nov 2017 |
| 29AAACQ4337P1ZV | Karnataka | Active | 27 Feb 2022 |
: available in the company report
MCA Filings & Documents
: available in the company report
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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:
- 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
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.