About Simplify Medtech Private Limited
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Simplify Medtech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 25 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC370206.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹50,000. It is led by directors Bhavya Mihir Vora and Mihir Rajesh Vora.
Its last annual general meeting (AGM) was held on 30 September 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 ₹37.02 Lakh, a growth of 87% compared to the previous year. For the same year it recorded a net loss of ₹23.62 Lakh (net margin -63.8%) and EBITDA of -₹3.45 Lakh (EBITDA margin -9.3%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.
The company is associated with 1 brand: SimplifyMVT.
For more details, the company can be reached via its website simplifymvt.com.
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- Social Media
- Apps
- Registered Address33 Madhuban Industrial Estate, Mahakali Caves Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Other Computer Related Activities
- 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 of Simplify Medtech Private Limited
The main business activity of Simplify Medtech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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
Verified entity values are shown only after access is granted.
Financials of Simplify Medtech Private Limited FY 2025 filings available
Simplify Medtech Private Limited reported revenue of ₹37.02 Lakh (up 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simplify Medtech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 71% over three years, including 87% growth in the latest year. EBITDA fell 23% 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 Simplify Medtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹3.45 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.62 Lakh | •••• | •••• | •••• |
| 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 of Simplify Medtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.3% | •••• | •••• | •••• |
| Net Profit Margin | -63.8% | •••• | •••• | •••• |
| 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 Simplify Medtech are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Simplify Medtech Private Limited
Simplify Medtech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (SaaS Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fandoro Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Eloiacs Softwa Private Limited | •••• | •••• | •••• | •••• | - | Agastheeswaram, Tamil Nadu, India |
| Tellyon Media Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Homepreneur Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Caphive Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Simplify Medtech Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Platifi Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Sellogs Metamediary Solutions Private Limited | •••• | •••• | •••• | •••• | - | Thripunithura, Kerala, India |
| Seva Infotech Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Pureblu Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Retigence Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Simplify Medtech by revenue in the Information Technology industry (SaaS Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Simplify Medtech Private Limited
Simplify Medtech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavya Mihir Vora Also directs: Magnus Meditourism Private Limited | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Mihir Rajesh Vora Also directs: Magnus Meditourism Private Limited, Skypath Consulting Group LLP | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
Charges & Borrowings of Simplify Medtech Private Limited
Simplify Medtech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Simplify Medtech Private Limited
Simplify Medtech operates one associated brand: SimplifyMVT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for query management in medical tourism, connecting hospitals and patients efficiently. | simplifymvt.com |
Employees and EPFO Compliance at Simplify Medtech Private Limited
Employment history and EPFO contributions of people linked to Simplify Medtech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Simplify Medtech Private Limited
Simplify Medtech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Bhavya Mihir Vora was appointed as Director on 25 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Simplify Medtech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Simplify Medtech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Simplify Medtech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Simplify Medtech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Simplify Medtech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Simplify Medtech Private Limited
Simplify Medtech is an active private limited company based in Mumbai, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 25 October 2021 (5+ years old) and is registered under CIN U72900MH2021PTC370206.
Simplify Medtech reported revenue of ₹37.02 Lakh for FY 2025 (up 87% YoY).
Simplify Medtech has 2 current directors:
- Bhavya Mihir Vora - Director
- Mihir Rajesh Vora - Director
Simplify Medtech reported a net loss of ₹23.62 Lakh (net margin -63.8%) and EBITDA of -₹3.45 Lakh (EBITDA margin -9.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simplify Medtech is 71% over three years. In the latest year (FY 2025) revenue rose 87%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Simplify Medtech is U72900MH2021PTC370206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simplify Medtech was incorporated on 25 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Simplify Medtech by revenue are Fandoro Technologies Private Limited, Eloiacs Softwa Private Limited, Tellyon Media Private Limited, Homepreneur Solutions Private Limited, Caphive Private Limited and 5 more, all in the Information Technology industry (SaaS Providers).
Bhavya Mihir Vora was appointed as Director on 25 Oct 2021. Mihir Rajesh Vora was appointed as Director on 25 Oct 2021.
Yes, Simplify Medtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Simplify Medtech can be reached through the website simplifymvt.com. Its registered office is in Mumbai, Maharashtra, India.