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Portea Medical

Portea Medical Franchise

Healthcare & PharmacyEst. 2013Domlur, Bengaluru, Karnataka

Portea Medical home healthcare: not a franchise — no franchise offer; partners are hospitals and clinicians. FY25 revenue ₹160.6 Cr, loss ₹18.8 Cr.

About This Listing

Portea Medical doesn't offer a franchise. Its partner page invites hospitals, doctors, nurses, diagnostic centres and medical-equipment, branding or media partners to work with it; there is no franchise, outlet or territory offer, and it runs its home-care services itself.

Source: Portea's 'Partner With Us' page (Oct 2026)

Portea Medical franchise at a glance (terms checked Oct 2026)

Not franchising in IndiaTerms checked Oct 2026

Investment

Not franchising

Ongoing take

Not published

Franchise fee

Not published

Payback

Not published

FranchiseChuno ScoreNot scored — not taking franchisees
  • Franchisor made a loss of ₹18.8 Cr in FY25
  • Disputes with franchisees: None found (records checked Oct 2026)
  • Revenue trend: +16% revenue FY24→FY25

Franchisor strength isn't franchisee profit — check real outlet numbers.

Outlets

Not published

What we couldn't verify

  • • Outlet closures
  • • Franchisee satisfaction
  • • Outlet claim matches reality
  • • Network growth

Ask before you sign

  1. Get written confirmation that Portea Medical is taking franchisees at all before paying anything — see the note at the top of this page.
  2. Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).

Franchise terms checked against Portea's official 'Partner With Us' page on 10 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Reputation & News

1 red flag to check

What the press, courts and real franchisees or customers have said about Portea Medical — summarised by us, with every source linked.

  • In the news· 2026-01-16

    Portea posts ₹160 Cr revenue in FY25, narrows losses

    Revenue up 15%; loss down 49% to ₹19 Cr; still loss-making, and no further IPO steps since SEBI's 2023 approval.

    Source: Entrackr
  • In the news· 2023-04-12

    Portea receives SEBI nod for ₹1,000 Cr IPO

    Approval came after SEBI objected to the draft's lack of an identifiable promoter (Apr 2023).

    Source: Inc42
  • employee_opinion★ 3.6/5 · 473 ratings

    Portea Medical employees rate it 3.6/5

    AmbitionBox, 473 reviews; promotions score lowest (3.2).

    Source: AmbitionBox

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

Not specified

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

About the Brand

Brand USP

A Bengaluru home-healthcare company (since 2013) that sends nurses, physiotherapists, attendants and doctors to patients' homes and rents or sells medical equipment, run by its own staff rather than franchisees.

HeadquartersDomlur, Bengaluru, Karnataka
Portea Medical is a Bengaluru-based home-healthcare company run by Healthvista India Pvt Ltd, founded in 2013; its About page names Meena Ganesh (chairperson), Ganesh Krishnan and Vaibhav Tewari (CEO) as co-founders. It sends nurses, physiotherapists, trained attendants and doctors to patients' homes, runs lab tests and elder care, and rents and sells medical equipment such as oxygen concentrators. It says it has served 20 lakh+ patients in 135 cities with 100+ hospital partners. Filings show FY25 revenue of ₹160.6 Cr and a loss of ₹18.8 Cr, narrower than ₹37 Cr in FY24; it has raised about $110 M from investors including Accel, Qualcomm Ventures and IFC. Portea doesn't offer a franchise. Its 'Partner With Us' page is aimed at hospitals, doctors, nurses, diagnostic centres and medical-equipment, branding or media partners, with no outlet, fee, investment or territory terms. Anyone hoping to run a Portea-branded home-care business should know there is no such programme. What to watch: Healthvista made losses in FY24 and FY25 (and a ₹53.8 Cr standalone loss in FY22, per its IPO papers as reported by Inc42) and has four registered charges of about ₹57.9 Cr. It got SEBI's approval for a ₹1,000 Cr IPO in Apr 2023 but hasn't listed; Entrackr reported in Jan 2026 that it hadn't taken further steps. Filings show thousands of payments to small suppliers made after the 45-day legal limit in Oct 2025–Mar 2026. Employees rate it 3.6/5 on AmbitionBox.

Why invest in Portea Medical?

- Portea doesn't sell franchises; its partner page is for hospitals, clinicians, diagnostic centres and equipment or media partners. - Healthvista India, the company behind Portea, reported ₹160.6 Cr revenue in FY25 and cut its loss to ₹18.8 Cr from ₹37 Cr (filings, Entrackr). - Portea says it has served 20 lakh+ patients in 135 cities with 100+ hospital partners since 2013.

Portea Medical by the Numbers

Source marked on each figure

20 lakh+

Patients served · Oct 2026

Brand claim

135

Cities · Oct 2026

Brand claim

100+

Hospital partners · Oct 2026

Brand claim

About $110 M

Equity funding raised · Oct 2026

Independent

Cities with Outlets

Bangalore, KarnatakaMumbai, MaharashtraDelhi, DelhiKolkata, West BengalPune, MaharashtraChennai, Tamil NaduHyderabad, TelanganaJaipur, RajasthanMohali, PunjabIndore, Madhya PradeshLucknow, Uttar PradeshVijayawada, Andhra Pradesh

Cities with Outlets

12 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Brand-level, publicly reported

The franchisor's own company health — separate from what a single franchise outlet earns.

Revenue (FY25)

₹160.61 Cr

Net loss (FY25)

₹18.83 Cr

Total funding raised

$110.1M+

Valuation (Jul 2024 (₹522.6 Cr, via Tracxn))

$62.6M

Employees (May 2026 (Healthvista India, labour filing via Tracxn))

661

Notable investors

AccelQualcomm VenturesVentureastIFCBritish International InvestmentDFCMEMG CDC

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What Portea Medical's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar
Active
Annual filings
Up to date
Last AGM
31 Oct 2025
Late payments to small suppliers
4601
Paid-up capital
₹21.69 Cr
Auditor
Deloitte Haskins & Sells
Brand trademark
Registered: 'Portea Medical' word mark in Class 44 (medical and health-care services, no. 2757242, filed 17 Jun 2014, valid to Jun 2034) in Healthvista India's name

Group companies

  • Portea Medical Private LimitedSubsidiary · 100%
  • Medybiz Pharma Private LimitedSubsidiary · 100%
  • Inmedica Health Private LimitedSubsidiary · 100%
  • Takecare Technology Private LimitedSubsidiary · 100%

Source: MCA data via Tracxn (Active, compliant; 4 charges of ₹57.9 Cr; MSME payments Oct 2025–Mar 2026: 4,601 paid after 45 days, 2,180 outstanding); Entrackr; Indian Kanoon (checked Oct 2026)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

Portea Medical Financials Over Time

Figures for the brand, from filed or reported accounts.

FY24
₹139 Cr
Loss ₹37 Cr
FY25
₹160.61 Cr▲ 16%
Loss ₹18.83 Cr

Source: Entrackr report on Healthvista's FY25 filings (FY24 comparatives, rounded ₹ Cr) · Healthvista India Pvt Ltd, MCA data via Tracxn

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
Healthvista India Private Limited
Company type
Private Limited Company
CIN
U85300KA2013PTC069291
Incorporated
25 May 2013
Headquarters
Domlur, Bengaluru, Karnataka

Leadership

  • MMeena GaneshCo-founder and Chairperson
  • GGanesh KrishnanCo-founder & Director
  • VVaibhav TewariCo-founder & CEO

Social presence

InstagramLinkedInFacebookXYouTube

Company details source: MCA master data via Tracxn; Portea site footer

Portea Medical Timeline

  1. May 2013

    Healthvista India incorporated; Portea launched

    CIN U85300KA2013PTC069291, Bengaluru.

    Source
  2. Jul 2022

    Draft IPO papers filed with SEBI

    For a ₹1,000 Cr IPO (₹200 Cr fresh issue + ₹800 Cr offer for sale).

    Source
  3. Apr 2023

    SEBI approves Portea's IPO

    After SEBI objected that no promoter was named, the founders were classified as promoters. The company hasn't listed.

    Source
  4. Jan 2026

    FY25 filings: revenue ₹160 Cr, loss ₹19 Cr

    Loss cut 49% from FY24, per Entrackr.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How Portea Medical looks once the numbers are checked side by side.

  • !The franchisor company is loss-makingIts latest filed accounts show a net loss. Franchisors that lose money can cut support or change terms — ask how franchise operations are funded.
  • ✓Brand operating for 13 yearsFounded in 2013. The brand doesn't state when franchising began.
  • !1 red flag in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Data completeness

55%

  • ✓ Terms checked against the brand's own page
  • ✓ Published investment (not an estimate)
  • ○ Franchise fee
  • ○ Royalty
  • ○ ROI or payback claim
  • ○ Agreement term
  • ○ Training details
  • ✓ Outlet cities verified
  • ✓ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what Portea Medical does and doesn't publish.

  1. 1Get written confirmation that Portea Medical is taking franchisees at all before paying anything — see the note at the top of this page.
  2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
  4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
  5. 5Ask whether you get an exclusive territory, and how large it is.
  6. 6Ask how the franchisor funds training and support while it's loss-making.
  7. 7Ask the brand to respond to each red flag listed under Reputation & News.
  8. 8Have a lawyer review the franchise agreement before paying anything.
  9. 9Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

—

Staff Needed

—

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Training Cost

Covered by franchisor

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

What Portea Medical franchisees say

We haven't yet heard from enough Portea Medical franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a Portea Medical outlet — share how it went

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