Paras Hospitals - About the company
Paras Hospitals is a series A company based in Gurugram (India), founded in 2006. It operates as a Chain of multispecialty hospitals. Paras Hospitals has raised $42.7M in funding from Creador, with a current valuation of ₹*****. The company has 292 active competitors, including 29 funded and 39 that have exited. Its top competitors include companies like Manipal Hospitals, Fortis Healthcare and Max Healthcare.
Company Details
- Website
- www.parashospitals.com/
- Email ID
- *****@parashospitals.com
- Phone Number
- +91 **********
- Registered Address
- 1st Floor, Tower-B, Paras Twin Towers, Golf Course Road, Sector-54, Gurgaon, Gurugram, Haryana, India, 122002
Key Metrics
Founded Year
2006
Location
Gurugram, India
Stage
Series A
Total Funding
$42.7M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 05, 2026
Ranked
32nd among 292 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,445 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Legal entities associated with Paras Hospitals
Paras Hospitals is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Paras Healthcare Limited CIN: U85110HR1987PLC035823 , India, Active | Dec 21, 1987 | ₹1,000+ Cr (As on Mar 31, 2025) | 1402 (As on Feb 01, 2026) | |
PARAS HEALTHCARE (RANCHI) PRIVATE LIMITED CIN: U85110HR2017PTC072032 , India, Active | Dec 29, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - |
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Paras Hospitals's funding and investors
Paras Hospitals has raised a total funding of $42.7M over 2 rounds. Its first funding round was on Jul 13, 2017. Its latest funding round was a Series A round on Jun 04, 2025 for $*****. 1 investor participated in its latest round. Paras Hospitals has 2 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Paras Hospitals:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 04, 2025 | 1790702 | Series A | 4761423 | 2733714 | 3335373 | 3114889 |
Jul 13, 2017 | 8376422 | PE | 5072933 | 1955444 | 4006673 |
View details of Paras Hospitals's funding rounds and investors
Paras Hospitals' founders and board of directors
Founder? Claim ProfileParas Hospitals' Board of Directors
Paras Hospitals's board has 6 active members. Kabir Thakur, Dharminder Nagar and Kapil Garg are part of team and Upendra Prasad Singh, Usha Rajeev and Saurabh Sood are independent board members.Here is the list of Paras Hospitals' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
qj{qjml | Team | - | Past | 1y 4m |
vlczqkp | Team | - | Current | 2y 8m |
Investor | Creador | Current | 4y 8m | |
Independent board member | - | Current | 2y 0m | |
iguuu{s | Independent board member | - | Current | 1y 9m |
cmrjqff | Independent board member | - | Current | 3y 9m |
Paras Hospitals' employee count trend
Paras Hospitals has 1,445 employees as of May 25. The total employee count is 16.0% lower than what it was in May 24. Here is Paras Hospitals's employee count trend over the years:
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Paras Hospitals's Competitors and alternates
Top competitors of Paras Hospitals include Manipal Hospitals, Fortis Healthcare and Max Healthcare. Here is the list of Top 10 competitors of Paras Hospitals, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manipal Hospitals 1991, Bengaluru (India), Acquired | Chain of multispecialty hospitals | $645M | 79/100 | |
2nd | Fortis Healthcare 1996, Gurugram (India), Acquired | Chain of multi speciality hospitals | - | 75/100 | |
3rd | Max Healthcare 2001, Delhi (India), Public | Chain of multispeciality hospitals | - | 75/100 | |
4th | KIMS Hospitals 2000, Secunderabad (India), Public | Chains providing multidisciplinary integrated healthcare services | $62.5M | 75/100 | |
5th | Narayana Health 2000, Bengaluru (India), Public | Chain of multi speciality hospitals | $148M | 75/100 | |
6th | Chain of multi-super specialty healthcare hospitals | $105M | 74/100 | ||
7th | CARE Hospitals 1997, Hyderabad (India), Acquired | Multi-specialty healthcare provider | $30M | 73/100 | |
8th | Ujala Cygnus 2011, Delhi (India), Acquired | Chain of multi-specialty hospitals | $38.5M | 67/100 | |
9th | Rainbow Hospitals 1999, Hyderabad (India), Public | Chain of multi-specialty and perinatal care hospitals | $33.8M | 67/100 | |
10th | KIMSHEALTH 2002, India, Acquired | Chain of multispeciality hospitals | $231M | 66/100 | |
32nd | Paras Hospitals 2006, Gurugram (India), Series A | Chain of multispecialty hospitals | $42.7M | 53/100 |
Looking for more details on Paras Hospitals's competitors? Click here to see the top ones
Paras Hospitals's Investments and acquisitions
Paras Hospitals has acquired Fortis JK Hospital. Paras Hospitals has not made any investments as of now.Reports related to Paras Hospitals
Here is the latest report on Paras Hospitals's sector:
News related to Paras Hospitals
Media has covered Paras Hospitals for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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Paras Healthcare Files Draft Prospectus to Launch 18-Billion-Rupee IPOWow News•Jun 05, 2026•Paras Hospitals
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Building Healthcare Excellence: Paras Health's Commitment to Quality CareThe Tribune•Apr 22, 2026•Paras Hospitals
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Paras Health Appoints Balkishan Sharma as Group CHRO and Business Transformation OfficerIndiaMedToday•Feb 19, 2026•Paras Hospitals
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Expansion pains hit Paras Healthcare as losses widen, growth slowsVCCircle•Oct 09, 2025•Paras Hospitals
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Paras Healthcare Expands Cancer Care in Jharkhand with New Radiation FacilityBioSpectrum India•Apr 16, 2025•Paras Hospitals
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Niva Bupa Health, Paras Healthcare get Sebi nod for IPOsNew Indian Express•Oct 21, 2024•Niva Bupa, Paras Hospitals
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