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Madhivanan Balakrishnan
About Madhivanan Balakrishnan
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Madhivanan Balakrishnan is a Ceo at Apollo Healthco Limited (since 2024), Director at Npci Bharat Billpay Limited (since 2025) and Director at Apollo 24I7 Insurance Services Limited (since 2024), and holds 1 more current directorship. The companies operate in Internet, Financial Services and BFSI. The 3 current companies with reported revenue have a combined latest revenue of ₹9,263 Cr; the largest is Apollo Healthco Limited at ₹9,098 Cr (FY 2025). Earlier, Madhivanan Balakrishnan was a Whole-Time Director at Idfc First Bank Limited (2023) and Director at Shi Solutions India Private Limited (2014–2016) and 9 more.
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Apollo Healthco Limited U85110TN2020PLC135839 | Ceo | 20 Jan 2024 | 2020 | ₹9,098 Cr (FY 2025) | Active |
 Npci Bharat Billpay Limited U67190MH2020PLC351595 | Director | 06 Aug 2025 | 2020 | ₹165 Cr (FY 2025) | Active |
| Apollo 24I7 Insurance Services Limited U66220TN2024PLC173227 | Director | 03 Sep 2024 | 2024 | ₹20,000 (FY 2025) | Active |
| Apollo Healthtech Limited U63122TN2025PLC180534 | Director | 15 May 2025 | 2025 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Idfc First Bank Limited L65110TN2014PLC097792 | Whole-Time Director | 20 Jun 2023 | 2014 | ₹48,422 Cr (FY 2026) | Active |
 Shi Solutions India Private Limited U72200TG1999PTC032881 | Director | 17 Jul 2014 | 1999 | ₹305 Cr (FY 2024) | Active |
 Icici Prudential Life Insurance Company Limited L66010MH2000PLC127837 | Director | 01 Aug 2010 | 2000 | ₹2,877 Cr (FY 2024) | Active |
 3I Infotech Limited L67120MH1993PLC074411 | Managing Director | 01 Jul 2012 | 1993 | ₹752 Cr (FY 2025) | Active |
 Universal Trusteeship Services Limited U72900MH2001PLC132441 | Director | 10 Sep 2012 | 2001 | ₹3.12 Cr (FY 2025) | Active |
 International Asset Reconstruction Company Private Limited U74999DL2002PTC117357 | Nominee Director | 21 Mar 2009 | 2002 | ₹64.91 Cr (FY 2025) | Active |
| 3I Infotech Consultancy Services Limited U72900MH2007PLC176323 | Director | 10 Sep 2012 | 2007 | ₹89.22 Cr (FY 2025) | Active |
| Loyalty Solutions & Research Private Limited U62099DL2006PTC390708 | Director | 08 Mar 2007 | 2006 | ₹81.42 Cr (FY 2025) | Active |
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Frequently Asked Questions about Madhivanan Balakrishnan
Madhivanan Balakrishnan currently holds 4 directorships: Apollo Healthco Limited (Ceo, since 20 Jan 2024, revenue ₹9,098 Cr (FY 2025)); Npci Bharat Billpay Limited (Director, since 06 Aug 2025, revenue ₹165 Cr (FY 2025)); Apollo 24I7 Insurance Services Limited (Director, since 03 Sep 2024, revenue ₹20,000 (FY 2025)); Apollo Healthtech Limited (Director, since 15 May 2025).
Madhivanan Balakrishnan was first appointed on 08 Mar 2007 as Director at Loyalty Solutions & Research Private Limited. The most recent appointment on record is 06 Aug 2025 at Npci Bharat Billpay Limited.
The 3 current companies of Madhivanan Balakrishnan that report revenue have a combined latest revenue of ₹9,263 Cr: Apollo Healthco Limited ₹9,098 Cr (FY 2025); Npci Bharat Billpay Limited ₹165 Cr (FY 2025); Apollo 24I7 Insurance Services Limited ₹20,000 (FY 2025).
Madhivanan Balakrishnan held 11 earlier board appointments: Idfc First Bank Limited (Whole-Time Director, 20 Jun 2023 to 06 Dec 2023); Shi Solutions India Private Limited (Director, 17 Jul 2014 to 07 Jun 2016); Icici Prudential Life Insurance Company Limited (Director, 01 Aug 2010 to 30 Jun 2012); 3I Infotech Limited (Managing Director, 01 Jul 2012 to 07 Jun 2016); Universal Trusteeship Services Limited (Director, 10 Sep 2012 to 06 Nov 2015); and 6 more.
The current boards of Madhivanan Balakrishnan's companies include Ashish Garg (Apollo Healthco Limited), Indu Bhushan (Apollo Healthco Limited), Karthik Anand Reddy (Apollo Healthco Limited), Pankaj Patwari (Apollo Healthco Limited), Pottipati Adithya (Apollo Healthco Limited), Sangita Reddy (Apollo Healthco Limited), among others.