Company Intelligence Profile

Annova Solutions Private Limited

Annova Solutions is a US-focused healthcare RCM (revenue cycle management) / risk-adjustment technology-services company headquartered (operationally) with delivery centers in Indore, India, serving US health plans, providers and ACOs.

CIN: U93090MP2016PTC040658ActiveRoC name conflicts across sources: TheCompanyCheck states "RoC Gwalior"; Tofler states "RoC Madhya PradeshConfidence: medium

Last updated 17 August 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Confirmed
Registered nameAnnova Solutions Private Limited
CINU93090MP2016PTC040658
PANAAPCA5480L
StatusActive
ListingUnlisted / Private Limited Company — not listed on any stock exchange
Incorporated30 April 2016
ROCRoC name conflicts across sources: TheCompanyCheck states "RoC Gwalior"; flagged as a source conflict.
Sector (NIC)
  • Information Technology / ITES — "Data processing, hosting and related activities; web portals; other IT and computer consultancy services" (NIC 63090-adjacent; CIN industry code U93090 = "Other service activities n.e.c.")
  • DPIIT-recognised Startup
Registered addressOffice No. 201, 2nd Floor, New IT Park Building, MPSEDC Premises, 142-A Electronics Complex, Pardeshipura, Indore, Madhya Pradesh – 452010
Authorized capital₹20.0 Lakh
Paid-up capital₹9.69–9.7 Lakh

Business Overview

Confirmed
  • Annova Solutions is a US-focused healthcare RCM (revenue cycle management) / risk-adjustment technology-services company headquartered (operationally) with delivery centers in Indore, India, serving US health plans, providers and ACOs
  • Core services: Chart Retrieval (audit-ready medical record retrieval), Risk Adjustment Coding (Medicare Parts C&D, ACA, Medicaid HCC coding, >95% accuracy claimed), HEDIS Quality Abstraction, and Clinical Documentation Improvement (CDI) support
  • Claims 20+ million charts retrieved and 10+ million charts coded annually, 100%+ client retention
  • EPFO employee count reported at 776 as of 28 Mar 2024
  • Founded/led by Vikas Dubey (Founder & CEO) and Amit Jain (CTO & Co-Founder), matching the two registered directors — confirming this is the operating entity behind the annovasolutions.com website, not a group holding shell

Directors

Partial / conflicting
NameDINRoleAppointed
Vikas Dubey06734990-30 Apr 2016
Amit Jain07463383-30 Apr 2016

Financials

Partial / conflicting
FY2025
  • Revenue ₹50.72 Cr (down ~3% YoY). EBITDA, PAT and Net Worth for FY2025 were behind a paywall and not obtained
FY2021
  • Revenue band ₹1–100 Cr (exact figure locked)
  • EBITDA growth +98.1% YoY, PAT growth +127.48% YoY, Total Assets growth +42.83% YoY, Borrowings change -46.89% YoY — all directional/percentage figures only, absolute values locked behind Tofler Pro

No absolute EBITDA, PAT, Net Worth, or Borrowings figures could be confirmed from open access on any allowed source. Partial confidence only — flagged as a data gap requiring paid/registry access for exact figures.

Shareholding

Partial / conflicting
  • Vikas Dubey and Amit Jain (both directors since incorporation), per Tofler
  • Exact shareholding percentages / cap table are not disclosed on any accessible free source
  • No evidence of institutional or corporate shareholders

Charges / Loans

Partial / conflicting
  • TheCompanyCheck reports an open charge of ₹4.98 Cr with lender listed generically as "Others," registered 29 Aug 2021, modified 31 Jul 2023, with ₹0 satisfied charges
  • Tofler reports a charge with ICICI Bank Limited for ₹5.0 Cr, modified 31 Jul 2023
  • These likely refer to the same underlying charge (same modification date, near-identical amount) but the lender name and exact amount are not fully reconciled — treat lender as "ICICI Bank Limited " with partial confidence, since TheCompanyCheck did not name the lender

Competitors

Confirmed
Omega Healthcare
Large (10,000+ employees, multi-hundred-million-dollar revenue, PE-backed)
Access Healthcare
Large (30,000+ employees, large-scale RCM BPO)
GeBBS Healthcare Solutions
Mid-to-large (RCM + HCC coding, thousands of employees)
AGS Health
Mid-to-large (RCM, coding, and analytics, thousands of employees)
Firstsource Solutions
Large, listed (part of RP-Sanjiv Goenka Group, healthcare BPM segment)
IKS Health
Mid-to-large (physician support, coding, and documentation services) Annova Solutions is comparatively…

Frequently Asked Questions

What does Annova Solutions Private Limited do?
Annova Solutions is a US-focused healthcare RCM (revenue cycle management) / risk-adjustment technology-services company headquartered (operationally) with delivery centers in Indore, India, serving US health plans, providers and ACOs.
What is the CIN of Annova Solutions Private Limited?
The Corporate Identification Number (CIN) of Annova Solutions Private Limited is U93090MP2016PTC040658.
Where is Annova Solutions Private Limited registered?
Annova Solutions Private Limited is registered with RoC name conflicts across sources: TheCompanyCheck states "RoC Gwalior"; Tofler states "RoC Madhya Pradesh (Indore)". Registered address: Office No. 201, 2nd Floor, New IT Park Building, MPSEDC Premises, 142-A Electronics Complex, Pardeshipura, Indore, Madhya Pradesh – 452010 (confirmed by Tofler, Falconebiz, TheCompanyCheck)
When was Annova Solutions Private Limited incorporated?
Annova Solutions Private Limited was incorporated on 30 April 2016 (Tofler, Falconebiz, TheCompanyCheck — all agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.