MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0033626
Remedinet Technologies Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.99 Cr
▲ 2% YoY
Net loss · FY 2025
₹4.58 Cr
Net margin -32.8%
EBITDA · FY 2025
-₹3.99 Cr
EBITDA margin -28.6%
Authorised capital
₹1.4 Cr
Registered with MCA
Paid-up capital
₹1.19 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
217
Provident fund records
About Remedinet Technologies Private Limited
Data last updated:
Remedinet Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 26 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC039530. Its GSTIN is 29AABCH6997H1ZY (Karnataka).
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.19 Cr. It was formerly known as Health Sprint Networks Private Limited. It is led by directors including Mahesh Nagarajiah and Prasad Kailash Krishnamorthy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor No 50 Yashoranga 1st Main Road 9th Cross 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.99 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹4.58 Cr (net margin -32.8%) and EBITDA of -₹3.99 Cr (EBITDA margin -28.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company has about 217 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Remedinet Technologies. As per MCA filings, the company has open charges of ₹5 Cr on record. The company has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹46.39 Cr; the latest was in September 2019.
Remedinet Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0033626). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remedinet.com.
Company details
CIN U72200KA2006PTC039530
Registration Number 039530
Incorporation Date 26 May 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0033626
Key People
Mahesh Nagarajiah Director Prasad Kailash Krishnamorthy Additional Director Sandesh Jayarama Additional Director Recognitions & Rankings of Remedinet Technologies
Contact details
Remedinet Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is remedinet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor No 50 Yashoranga 1st Main Road 9th Cross 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Remedinet Technologies Private Limited, buy the company report.
Comprehensive company report
Remedinet 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
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Secure checkout · GST invoice included
Brands
Remedinet Technologies operates one associated brand: Remedinet Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare payer-provider network solutions for claims automation are provided. | remedinet.com |
Business activity
The main business activity of Remedinet Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Remedinet Technologies Private Limited, buy the company report.
Financials of Remedinet Technologies Private Limited
FY 2025 filings availableRemedinet Technologies Private Limited reported revenue of ₹13.99 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹13.99 Cr ▲ 2%
Net loss · FY 2025
₹4.58 Cr margin -32.8%
EBITDA · FY 2025
-₹3.99 Cr margin -28.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 16%
5 years · compounded
▲ 7%
EBITDA CAGR growth
3 years · compounded
▼ 86%
5 years · compounded
▼ 87%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 2% growth 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 | -₹3.99 Cr | ||||
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| Net Profit (PAT) | -₹4.58 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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| Profitability | |||||
| EBITDA Margin | -28.6% | ||||
| Net Profit Margin | -32.8% | ||||
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To see the full financial statements and ratios of Remedinet Technologies Private Limited, buy the company report.
Board of directors of Remedinet Technologies Private Limited
Remedinet Technologies has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Nagarajiah Also directs: Ihx Private Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Prasad Kailash Krishnamorthy Also directs: Ihx Private Limited | Additional Director | 23 May 2025 | 1 Years 5 Months | Current |
| Sandesh Jayarama Also directs: Statlabs Analytics Ventures Private Limited | Additional Director | 23 May 2025 | 1 Years 5 Months | Current |
Auditor
Remedinet Technologies Private Limited is audited by APN&Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APN&Co | FY 2023 | 013398S |
Shareholding
The shareholding of Remedinet Technologies 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Remedinet Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2025 | 101212327 | Axis Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Remedinet Technologies Private Limited has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹46.39 Cr; the latest was in September 2019.
Total deals
11
Funding rounds
7
Secondary share transfers
4
Disclosed funding
₹46.39 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Funding round | ₹69.8 Lakh | Investors: Bessemer Venture Partners |
| Jan 2014 | Funding round · Series A | ₹3 Cr | Investors: Bessemer Venture Partners, Nirvana Venture Advisors |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Medi Assist Healthcare Services Limited Seller: Healthsprint Employee Welfare Trust, 2 individuals |
| Oct 2011 | Funding round | ₹10 Cr | Investors: Medi Assist Healthcare Services Limited |
| Feb 2008 | Funding round · Seed | ₹90 Lakh | Investors: 4 individuals |
To see the full deal history of Remedinet 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.
Legal cases
No court or tribunal cases involving Remedinet Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Remedinet Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Remedinet Technologies Private Limited has a workforce of 217 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
217
Active EPFO establishments
1
Employee growth
16.67%
GST
Remedinet Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH6997H1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Remedinet Technologies Private Limited, buy the company report.
Recent activity
Remedinet Technologies Private Limited has 18 board changes on record since 2012: 4 appointments and 14 cessations. The latest: Jeet Kapoor ceased to be Director on 29 May 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101212327 was registered on 18 Dec 2025.
AGM
Remedinet Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Jeet Kapoor ceased to be Director.
Appointed
Prasad Kailash Krishnamorthy was appointed as Additional Director.
Appointed
Sandesh Jayarama was appointed as Additional Director.
Ceased
Anant Vidur Puri ceased to be Nominee Director.
Filing
Remedinet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Mahesh Nagarajiah was appointed as Director.
Ceased
Karan Vijay Pahwa ceased to be Nominee Director.
Ceased
Aakash Goel ceased to be Nominee Director.
Ceased
Holaly Nagaraj Ravi Kumar ceased to be Whole-Time Director.
Ceased
Asha Nair ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Remedinet Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 26 May 2006 (20+ years old) and is registered under CIN U72200KA2006PTC039530.
Remedinet Technologies has 3 current directors:
- Mahesh Nagarajiah - Director
- Prasad Kailash Krishnamorthy - Additional Director
- Sandesh Jayarama - Additional Director
The latest financial statements of Remedinet Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Remedinet Technologies is 29AABCH6997H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Remedinet Technologies is U72200KA2006PTC039530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remedinet Technologies was incorporated on 26 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Remedinet Technologies has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹46.39 Cr; the latest was in September 2019.
Jeet Kapoor ceased to be Director on 29 May 2025. Prasad Kailash Krishnamorthy was appointed as Additional Director on 23 May 2025. Sandesh Jayarama was appointed as Additional Director on 23 May 2025. Remedinet Technologies has 18 board changes on record in total.
Yes, Remedinet Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0033626).
Remedinet Technologies can be reached through the website remedinet.com. Its registered office is in Bangalore, Karnataka, India.