Company Intelligence Profile
Bajaj Finserv Health Limited
A Pune-based health-tech subsidiary of Bajaj Finserv Limited offering digital doctor consultations, lab tests, medicine ordering and health-benefit/insurance-linked services.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Bajaj Finserv Health Limited |
|---|---|
| CIN | U85320PN2019PLC185286 |
| PAN | AAICB5304K |
| Status | Active |
| Listing | Unlisted (subsidiary of listed Bajaj Finserv Limited) |
| Incorporated | 05 July 2019 |
| ROC | RoC-Pune |
| Sector (NIC) | Health & Social Work / digital health services (source classifications vary — Tofler lists "Health and Social Work"; TheCompanyCheck lists NIC Section J "Information & communication service activities"). Exact numeric NIC code not obtained. |
| Registered address | Bajaj Auto Limited, Mumbai-Pune Road, Akurdi, Pune, Maharashtra 411035 |
| Authorized capital | ₹5.0 Cr |
| Paid-up capital | ₹2.5 Cr |
Source: MCA registry via tofler.in, falconebiz.com, thecompanycheck.com
Business Overview
Confirmed- Health-tech venture of the Bajaj Finserv group operating a digital healthcare platform (brand "Bajaj Finserv Health") providing online doctor consultations, diagnostic/lab test bookings, medicine ordering, digital health records and health-benefit/insurance-linked products
- Founded 2019
- ~725 employees as of Dec 2024
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
Partial / conflictingDevang Pravin Mody (Managing Director, appt. 05 Jul 2019); Girish Rao (Director, appt. 01 May 2025); Nirmala Suresh Castellino (Director, appt. 01 Aug 2024); Jasmine Arish Chaney (Director, appt. 01 May 2024); Rakesh Induprasad Bhatt (Director, appt. 01 May 2024); Ramandeep Singh Sahni (Additional Director, appt. 01 Aug 2025). DINs not obtained.
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAICB5304K1ZN | Maharashtra | AAICB5304K | Active |
Primary GSTIN: 27AAICB5304K1ZN (Maharashtra); PAN: AAICB5304K; Active (Bajaj Finserv Health)
Source: knowyourgst.com, mastersindia.co, findgst.in (GSTIN self-verifying via embedded PAN)
Financials
Partial / conflicting- FY25 (year ended 31 Mar 2025): revenue ~₹676 Cr (≈8% YoY growth), EBITDA CAGR ~23%
- FY23: revenue ~₹185 Cr. FY22: revenue ~₹88 Cr with a loss of ~₹129 Cr. Exact FY25 PAT, net worth and total assets not obtained (paywalled)
- Note: paid-up capital of only ₹2.5 Cr indicates the business is funded largely via parent capital infusion/borrowings rather than equity
Source: MCA financial statements via tofler.in, thecompanycheck.com
Funding History
Partial / conflicting- No external venture funding raised
- capitalised by parent — Bajaj Finserv Limited had infused ~₹240 Cr as of FY2022 (later infusions likely but exact cumulative amount not obtained)
Source: entrackr.com, moneycontrol.com, inc42.com (round names); Tracxn treated as unverified
Loans & Charges
Confirmed- Axis Bank Limited — open charges totaling ₹2.5 Cr (₹2 Cr created/modified 11 May 2023
- ₹0.5 Cr / ₹50 Lakh created 10 Dec 2020)
Source: MCA charge index via tofler.in, falconebiz.com
Key Competitors
ConfirmedBajaj Finserv's digital-health platform.
- Tata 1mg (rev ~₹1,600 Cr (Tata))
- PharmEasy (rev ~₹5,700 Cr)
- Apollo 24/7 (part of Apollo Hospitals)
- Practo (health-SaaS / teleconsult)
- MediBuddy (digital-health platform)
Frequently Asked Questions
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