MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0050110
Turtle Shell Technologies Private Limited - healthcare in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.09 Cr
▲ 192% YoY
Net loss · FY 2025
₹73.7 Cr
Net margin -386%
EBITDA · FY 2025
-₹66.3 Cr
EBITDA margin -347.2%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹79.43 Lakh
Issued & subscribed
Open charges
₹30.5 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
220
Provident fund records
About Turtle Shell Technologies Private Limited
Data last updated:
Turtle Shell Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 08 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC083256. Its GSTIN is 29AAFCT4957K1ZN (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹79.43 Lakh. It is led by directors Gaurav Parchani and Mudit Dandwate.
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 #40 City Centre Ground And Mezzanine Floor Cmh Road Indiranagar, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹73.7 Cr (net margin -386%) and EBITDA of -₹66.3 Cr (EBITDA margin -347.2%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 104% over five years.
The company has about 220 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dozee. As per MCA filings, the company has open charges of ₹30.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 21 deals on record (9 convertible or debt financings, 8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹368.21 Cr; the latest was in March 2025. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 27 overdue payments to 11 micro and small suppliers.
Turtle Shell Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0050110). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dozee.io.
Company details
CIN U72200KA2015PTC083256
Registration Number 083256
Incorporation Date 08 October 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0050110
Key People
Gaurav Parchani Director Mudit Dandwate Director Recognitions & Rankings of Turtle Shell Technologies
Contact details
Turtle Shell Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is dozee.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#40 City Centre Ground And Mezzanine Floor Cmh Road Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryHealthcare, HealthTech & Medical Tech Solutions, Medical & Laboratory Equipment
To see the full contact details of Turtle Shell Technologies Private Limited, buy the company report.
Comprehensive company report
Turtle Shell 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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Brands
Turtle Shell Technologies operates one associated brand: Dozee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering remote patient monitoring using AI-driven contactless solutions | dozeehealth.ai |
Business activity
The main business activity of Turtle Shell Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Turtle Shell Technologies Private Limited, buy the company report.
Financials of Turtle Shell Technologies Private Limited
FY 2025 filings availableTurtle Shell Technologies Private Limited reported revenue of ₹19.09 Cr (up 192% YoY) for FY 2025.
Revenue · FY 2025
₹19.09 Cr ▲ 192%
Net loss · FY 2025
₹73.7 Cr margin -386%
EBITDA · FY 2025
-₹66.3 Cr margin -347.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 192%
3 years · compounded
▲ 81%
5 years · compounded
▲ 104%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 30%
5 years · compounded
▼ 81%
Revenue has grown at a compounded annual rate (CAGR) of 104% over five years, including 192% growth in the latest year. EBITDA fell 3% 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 | -₹66.3 Cr | ||||
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| Net Profit (PAT) | -₹73.7 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -347.2% | ||||
| Net Profit Margin | -386% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Turtle Shell Technologies Private Limited, buy the company report.
Board of directors of Turtle Shell Technologies Private Limited
Turtle Shell Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Parchani | Director | 08 Oct 2015 | 11 Years 0 Months | Current |
| Mudit Dandwate | Director | 08 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Turtle Shell Technologies Private Limited is audited by B S R and Co Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Co Chartered Accountants | FY 2023 | 128510W |
Shareholding
The shareholding of Turtle Shell 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 Turtle Shell Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2024 | 100967342 | Standard Chartered Bank | ₹15 Cr | Open | |
| 28 Jun 2023 | 100745639 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 19 Feb 2021 | 100422585 | Others | ₹50 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Turtle Shell Technologies Private Limited has 21 deals on record (9 convertible or debt financings, 8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹368.21 Cr; the latest was in March 2025.
Total deals
21
Convertible or debt financings
9
Funding rounds
8
Secondary share transfers
2
Rights issues
2
Disclosed funding
₹368.21 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹71.5 Cr | Investors: Stockhausen International, Temasek |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Prime Venture Partners, YourNest Venture Capital, 3One4 Capital Seller: Ikp Knowledge Park, 3 individuals |
| Oct 2020 | Funding round · Pre-Series A | ₹9.96 Cr | Investors: YourNest Venture Capital, Prime Venture Partners, 3One4 Capital |
| Jul 2020 | Funding round · Seed | ₹1.5 Cr | Investors: YourNest Venture Capital, Prime Venture Partners, 3One4 Capital |
| Jul 2017 | Rights issue | ₹35.6 Lakh | Investors: 4 individuals |
To see the full deal history of Turtle Shell 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
Turtle Shell Technologies Private Limited has 2 court cases on record: 2 filed by Turtle Shell Technologies. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CMA(PT)) | Filed by the company against an individual | Pending |
| Madras High Court | Court case (CMA(PT)) | Filed by the company against an individual | Pending |
To see the full case history of Turtle Shell Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Turtle Shell Technologies Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 27 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| New Kenilworth Hotel Private Limited | |||
| Czar Securities Private Limited | |||
| Prakash Display Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Turtle Shell Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Turtle Shell Technologies Private Limited has a workforce of 220 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
220
Active EPFO establishments
1
Employee growth
-14.06%
GST
Turtle Shell Technologies has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT4957K1ZN | Karnataka | Active | 25 Aug 2017 |
To see the full GST registrations and return filing status of Turtle Shell Technologies Private Limited, buy the company report.
Recent activity
Turtle Shell Technologies Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Amit Gupta ceased to be CFO on 11 Jul 2025.
AGM
Turtle Shell Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Amit Gupta ceased to be CFO.
Filing
Turtle Shell Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Standard Chartered Bank amounted to Rs. 15.00 Cr with Charge ID 100967342 was registered on 26 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100745639 was registered on 28 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100422585 was registered on 19 Feb 2021.
Ceased
Udit Dhawan ceased to be Additional Director.
Ceased
Deepak Buddha Murthy ceased to be Director.
Appointed
Gaurav Parchani was appointed as Director.
Appointed
Mudit Dandwate was appointed as Director.
Incorporation
08 Oct 2015
Turtle Shell Technologies Private Limited was registered on 08 Oct 2015 with Roc Bangalore & aged 11 years 21 days as per MCA records.
News
Frequently asked questions
Turtle Shell Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 08 October 2015 (11+ years old) and is registered under CIN U72200KA2015PTC083256.
Turtle Shell Technologies has 2 current directors:
- Gaurav Parchani - Director
- Mudit Dandwate - Director
The latest financial statements of Turtle Shell Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Turtle Shell Technologies is 29AAFCT4957K1ZN, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Turtle Shell Technologies is U72200KA2015PTC083256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turtle Shell Technologies has 2 court cases on record: 2 filed by the company. 2 are pending.
Turtle Shell Technologies was incorporated on 08 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Turtle Shell Technologies has 21 deals on record (9 convertible or debt financings, 8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹368.21 Cr; the latest was in March 2025.
Amit Gupta ceased to be CFO on 11 Jul 2025. Udit Dhawan ceased to be Additional Director on 05 Mar 2019. Deepak Buddha Murthy ceased to be Director on 17 Mar 2016. Turtle Shell Technologies has 5 board changes on record in total.
Yes, Turtle Shell Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0050110).
Turtle Shell Technologies has 10 MSME Form 1 returns on record between 2021 and 2024, listing 27 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.