Paras Healthcare
- Company typePrivate
- Founded2006
- HeadquartersHaryana, India
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
Paras Healthcare firmographics
Firmographics- Name
- Paras Healthcare
- Legal name
- Paras Healthcare Limited
- Website
- https://parashospitals.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Where Paras Healthcare is headquartered
LocationHeadquarters
- HQ city
- Haryana
- HQ country
- India
- HQ region
- Asia
Offices9 records
Markets served
Paras Healthcare business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Hospital Healthcare Services: Tertiary and quaternary healthcare services through hospital network providing consultations, diagnostics, surgeries, and specialized treatments. Revenue from patient services including IPD (inpatient), OPD (outpatient), diagnostics, and procedures. Company reported revenue of ₹1,605.95 crore in fiscal 2026 with revenue CAGR of 19.26% between FY24 and FY26.
- Corporate Health Services: Corporate wellness programs including face-to-face consultations, comprehensive health assessments, inpatient treatments, vaccinations, and on-site health coaching for corporate clients
- Telemedicine Consultations: Video consultation services for patients unable to visit hospitals in person
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard hospital services with appointment booking |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Paras Healthcare product offering
Product offeringCore offering
Paras Healthcare operates a multi-specialty hospital network providing tertiary and quaternary healthcare services across 8 hospitals with 2,211 beds in North India, spanning 5 states and 1 union territory. The network specializes in cardiac sciences, oncology, neuro sciences, gastro sciences, orthopedics, and renal sciences, supported by diagnostic, surgical, and inpatient care capabilities, along with telemedicine and corporate wellness programs.
Product overview
Paras Healthcare operates a unified multi-specialty hospital network under the 'Paras Health' brand, offering tertiary and quaternary healthcare services across 8 hospitals with 2,211 beds in North India. The portfolio includes the main hospital network, a patient mobile app for appointment booking and medical records access, telemedicine video consultations, corporate health services for businesses, and Paras MedCentres for localized care. The company provides comprehensive clinical specialties spanning Cardiac Sciences, Oncology, Neurosciences, Gastroenterology, Orthopaedics, Renal Sciences, and more.
Differentiator
Problem solved
Functional benefit
Brands
- Paras MedCentres: Medical centers operated under the Paras Health brand, with a location in Mohali
- Paras Health Mate
Products and services
- Paras Health Hospital Network Multi-specialty hospital network providing tertiary and quaternary healthcare services across 8 hospitals with 2,211 beds in North India, covering cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences for individual patients.
- Telemedicine Consultations Video consultation services allowing patients to consult with doctors remotely, including refund policy for connectivity issues.
- Corporate Health Services B2B wellness programs including face-to-face consultations, comprehensive health assessments, inpatient treatments, vaccinations, and on-site health coaching for corporate clients under empanelment arrangements.
- Paras MedCentres Smaller healthcare facilities providing localized medical services, with a location in Mohali operating under the Paras Health brand.
- Paras Health Mate Mobile App Mobile application enabling patients to book appointments, schedule radiology tests, access medical records, and engage in telemedicine consultations.
Quantifiable outcome
- 100 successful kidney transplants at Paras HMRI Patna - first corporate hospital in Bihar to achieve this milestone
- +2 more outcomes
Companies that use Paras Healthcare
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles2 records
Paras Healthcare technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Paras Healthcare partnerships and signals
Strategic signalScale indicators8 records
Recent moves9 records
Expansion highlights5 records
Paras Healthcare competitors and assessment
Company assessmentDirect peers
- Max Healthcare Institute: One of India's largest hospital chains, listed on NSE/BSE, with a strong North India footprint (Delhi NCR, Punjab, Uttarakhand). Directly comparable as a multi-specialty tertiary/quaternary provider competing for the same specialist talent and patient pool in the same geographies as Paras.
- Medanta (Global Health): Listed super-specialty hospital chain founded by Dr. Naresh Trehan, headquartered in Gurugram. Directly overlaps with Paras's flagship Gurugram hospital on cardiac, neuro and oncology specialties and on the same catchment.
- Manipal Hospitals: Pan-India multi-specialty hospital chain expanding aggressively in North India, including recent entry into smaller cities. Comparable business model, specialty mix, and is also pursuing the same asset-light/inorganic growth playbook as Paras.
- Fortis Healthcare: Large listed Indian hospital operator with significant North India presence (Delhi NCR, Punjab, Rajasthan). Competes with Paras on tertiary care, complex procedures, and clinician recruitment in overlapping catchments.
- Shalby Limited: Listed Indian hospital chain known for orthopedics and joint replacement, with multi-specialty expansion across the country. Comparable in size, listed status, and concentration on specific high-value specialties within a multi-specialty portfolio.
- KIMS Hospitals (Krishna Institute of Medical Sciences): Listed South-India-headquartered hospital chain that has expanded into Maharashtra and other regions. Comparable specialty mix and asset-light expansion approach; Paras recently hired its former COO (Anubhav Sukhwani) as Facility Director.
- Narayana Health: Listed hospital chain focused on affordable tertiary care, with presence in North and East India. Comparable as a multi-specialty provider operating in tier 2/3 cities and pursuing high-volume, cost-efficient cardiac and oncology care.
- Apollo Hospitals Enterprise: India's largest hospital chain, with established presence in Delhi NCR and expanding into Tier 2/3 North Indian markets. Closest analog in terms of CONGOR-equivalent specialty depth and tertiary/quaternary case mix.
- Sterling Hospitals (Sterling Addlife India): Western-India-focused multi-specialty hospital chain. Comparable in scale, specialty mix, and growth-stage profile; useful peer for capital intensity and bed-economics benchmarking versus Paras.
Regional players
- Artemis Hospitals: Multi-specialty tertiary hospital chain headquartered in Gurugram with North India focus. Directly comparable on specialty mix and Gurugram catchment, with overlap on cardiac, oncology and neuro services versus Paras's flagship hospital.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Paras Healthcare social profiles
Digital presenceParas Healthcare compliance and trust
Trust signalCompliance7 records
Paras Healthcare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paras Healthcare leadership team
Management profileNumber of profiles
Profiles8 records
Paras Healthcare funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paras Healthcare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paras Healthcare
What does Paras Healthcare do?
Paras Healthcare operates a multi-specialty hospital network providing tertiary and quaternary healthcare services across 8 hospitals with 2,211 beds in North India, spanning 5 states and 1 union territory. The network specializes in cardiac sciences, oncology, neuro sciences, gastro sciences, orthopedics, and renal sciences, supported by diagnostic, surgical, and inpatient care capabilities, along with telemedicine and corporate wellness programs.
Is Paras Healthcare a public or private company?
Paras Healthcare is a private company. It is classified as venture growth investor backed and is currently operating.
When was Paras Healthcare founded?
Paras Healthcare was founded in 2006. It employs 1,001 to 5,000 people.
Where is Paras Healthcare based?
Paras Healthcare is headquartered in Haryana, India, in the Asia region.
How does Paras Healthcare make money?
Three revenue lines are on record. Hospital Healthcare Services are the primary driver. The others are corporate Health Services and telemedicine Consultations.
Who are Paras Healthcare's main competitors?
Direct peers on record are Max Healthcare Institute, Medanta (Global Health), Manipal Hospitals, Fortis Healthcare, Shalby Limited, KIMS Hospitals (Krishna Institute of Medical Sciences), Narayana Health, Apollo Hospitals Enterprise and Sterling Hospitals (Sterling Addlife India). Artemis Hospitals is listed as a regional player.
Does Paras Healthcare have an API?
No public API is recorded for Paras Healthcare.