What Srishti Software Applications Pvt. Ltd. does

Srishti Software Applications Pvt. Ltd. is a Bangalore-headquartered, privately-held healthcare IT product company founded in 2005 that builds and sells PARAS, a comprehensive, fully integrated Hospital Management Information System (HMIS) covering clinical, administrative, and para-clinical workflows. The platform is built on a 100% open-source technology stack (Ruby on Rails, Linux, PostgreSQL), is web-engineered and cloud-ready, and is offered in five variants (Lite, Premium, Enterprise, Standard, SaaS) deployable on-premise, in private cloud, or managed cloud, with native multilingual support for Chinese, Arabic, Vietnamese, and English. PARAS spans roughly 7,000 screens across 30+ modules, including specialty solutions for oncology, ophthalmology, cardiac, IVF, neurology, and nephrology, alongside LIS, RIS, PACS, TeleMedicare/TeleRadiology, MRD with Disease Registry, Emergency Care, eClaim Management, and an eHealth Framework for government deployments. The product is HIMSS Analytics Stage 6 compliant, NABH-aligned, HL7/ICD-10 compliant, and ISO 9001:2015 certified, with documented implementations reducing discharge time from 5–7 hours to approximately 30 minutes.

Name

Srishti Software Applications Pvt. Ltd.

Legal name

Srishti Software Applications Pvt. Ltd.

Website

https://srishtisoft.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Hospital Management Software

NAICS

Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Revenue Cycle, Coding & Telehealth Compliance Platforms (for provider orgs) (HLALABAM)

akta.pro secondary industries

Interoperability Standards, Profiles & Implementation (HL7/FHIR/IHE) (HLACABAA), Virtual Specialty Care Platforms (tele-stroke, tele-ICU, tele-derm, tele-cardiology) (HLALABAD)

Keywords

• Hospital management software
• Healthcare information system
• Clinical decision support
• Electronic medical records
• Picture archiving system

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licensing and Implementation: PARAS is offered in five variants (Lite, Premium, Enterprise, Standard, SaaS) deployed across multiple topologies (On-Premise, Private Cloud, Managed Cloud). Revenue generated through software licensing, implementation, and support services for hospitals and healthcare providers.
2. Professional Services: Implementation services, consulting, infrastructure management, testing services, and business process outsourcing through alliance partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Srishti Software develops, sells, and implements PARAS, a Patient Centric Comprehensive and Integrated Healthcare Delivery Platform covering clinical, administrative, and para-clinical modules. The platform is offered in five variants (Lite, Premium, Enterprise, Standard, SaaS) and includes specialty modules for oncology, ophthalmology, cardiac, IVF, neurology, and nephrology, along with LIS, PACS, RIS, telemedicine, eClaim, and eHealth modules for hospitals, clinics, laboratories, diagnostics, daycare centers, and government health programs.

Product overview

Srishti Software provides PARAS, a comprehensive integrated healthcare delivery platform built on open source technologies (Ruby on Rails, Linux, PostgreSQL). The core PARAS Healthcare Management System is a fully integrated Enterprise-class solution combining Clinical modules (EMR, CPOE, RIS, Blood Bank), ERP modules (Billing, Insurance, Appointments, HR, Finance), and Para-clinical modules (Pharmacy, Wards, OT, Therapy). The platform is available in five variants (Lite, Premium, Enterprise, Standard, SaaS) and deployed across multiple topologies (On-Premise, Private Cloud, Managed Cloud). Specialty solutions include PARAS Oncology, Ophthalmology, Cardiac, IVF, Neurology, and Nephrology Systems. Add-on modules cover Laboratory Information System, PACS, TeleMedicare/TeleRadiology, MRD with Disease Registry, Emergency Care, eClaim Management, and eHealth Framework for government hospitals. PARAS supports multi-currency, multilingual deployments (Chinese, Arabic, Vietnamese, English) with approximately 7000 screens accessible via any standard browser.

Differentiator

Problem solved

Functional benefit

Brands

• PARAS: A Patient Centric Comprehensive & Integrated Healthcare Delivery Platform conforming to best clinical and administrative practices. Covers complete spectrum of patient care and is designed for hospitals, clinics, laboratories, daycare centers, diagnostics, etc.

Products and services

• PARAS Healthcare Management System Patient Centric Comprehensive and Integrated Healthcare Delivery Platform covering the complete spectrum of patient care. Fully integrated Enterprise class solution designed for hospitals, clinics, laboratories, daycare centers, and diagnostics, with approximately 7000 screens accessible via any standard browser without plugins.
• PARAS Laboratory Information System (LIS) Web-engineered laboratory information management system that helps healthcare organizations model business-specific workflows and seamlessly integrate with lab instruments and business applications.
• PARAS Radiology Information System (RIS) Robust solution supporting Clinical Information System and administrative functions including request handling, appointment scheduling, equipment scheduling, test performance, result entry, interpretation, and result dispatching.
• PARAS PACS (Picture Archiving and Communication System) Web-based PACS using cutting edge web technologies for timely and efficient access to medical images, analysis, and related clinical data, breaking down barriers of time and distance associated with traditional film-based image retrieval.
• PARAS Oncology System Specialty solution for oncology and hospital cancer care management.
• PARAS Ophthalmology System Specialty solution for ophthalmology and eye care hospital management.
• PARAS Cardiac System Specialty solution for cardiac and heart care hospital management.
• PARAS IVF Solution Specialty solution for In-Vitro Fertilization (IVF) clinic management.
• PARAS Neurology Solution Specialty solution for neurology and neuroscience hospital management.
• PARAS Nephrology Solution Specialty solution for nephrology and kidney care hospital management.
• PARAS TeleMedicare Solution Telemedicine solution using electronic information and communications technologies (ICT) to provide and support healthcare when distance separates participants. Includes Multi-Point IP VPN, Video-conferencing, Call Centre, and Store & Forward capabilities.
• PARAS TeleRadiology Solution Teleradiology solution integrated with RIS for remote radiology image access and interpretation.
• PARAS MRD with Disease Registry Comprehensive Medical Record Department (MRD) solution with disease tracking system to capture all Patient Health Records and outcomes, supporting disease registries for research, evidence-based medicine, and population health management.
• PARAS Emergency Care Solution Comprehensive solution for managing Casualty and Emergency patients including efficient registration, Emergency Severity Index (ESI) algorithm for triage, priority scheduling, and seamless patient status flow from OP to ICU care.
• PARAS eClaim Management Web-based application simplifying payer's responsibility on accuracy improvement, non-tolerance on claims rejections/denials, smooth process, and increased throughput. Supports eligibility check, error-free billing, proof of medical necessity, and evidence of service delivery.
• PARAS eHealth Framework eHealth solution for government and public hospitals designed to improve health outcomes, provide better healthcare services at lower costs, eliminate theft, waste, fraud and inefficiency, and enable better disease management.

Quantifiable outcome

• Discharge time reduced from 5-7 hours to approximately 30 minutes
• +3 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Zebra TechnologiescoreTechnology or Integration · 1 February 2018Strategic partnership with Zebra Technologies for ISV (Independent Software Vendor) collaboration. Srishti leverages Zebra's award-winning devices for computing and barcoding in healthcare settings. Barcoding and RSID (Rapid Stain Identification) are key areas of collaboration. Partnership resulted in ten-fold improvement in digital data capture while providing 100% clinical accuracy and patient safety. Zebra focuses on developing tracking software while Srishti builds cutting-edge healthcare software using them.
• IntelliAppcoreOthersIntelliApp is a provider of IT products and services, and is a wholly owned subsidiary of Srishti in the United Kingdom. Serves as the company's presence in UK and European markets.
• Various Implementation and Service PartnersminorImplementation/ SI/ Consulting PartnerPartner network providing overall project management, implementation and services, business intelligence analysis consulting, consulting, infrastructure management, testing services, healthcare IT solution payer services, and business process outsourcing around PARAS Healthcare IT Management Suite.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Epic Systems: Epic is the largest EHR/HIS vendor in the United States, serving most large academic medical centers and increasingly expanding into mid-size hospitals and international markets. Comparable to Srishti's PARAS in serving multi-specialty, multi-location hospital systems, but at vastly larger scale and with deeper R&D resources.
• Oracle Health (Cerner): Acquired by Oracle for $28B, Oracle Health (formerly Cerner) is one of the largest global hospital information system vendors, with strong footprint in US hospitals and growing international presence. Directly comparable to PARAS as a comprehensive clinical + administrative HIS platform serving large enterprise hospitals.
• MEDITECH: MEDITECH is a long-established US-based hospital information system vendor serving community hospitals and large health systems with an integrated EHR. Comparable to PARAS in offering a fully integrated clinical-administrative HIS across the full continuum of care.
• athenahealth: athenahealth provides cloud-based EHR, practice management, and patient engagement tools for hospitals and ambulatory care networks, predominantly in the US. Comparable to PARAS's SaaS variant in combining clinical and revenue cycle workflows, with a stronger ambulatory tilt.
• Veradigm (Allscripts): Veradigm (formerly Allscripts) is a major US-based EHR/HIS vendor serving hospitals, physician practices, and post-acute care organizations. Directly comparable to PARAS as a multi-setting, multi-specialty hospital information system with RCM and clinical decision support capabilities.
• eClinicalWorks: eClinicalWorks is a large US-based ambulatory and hospital EHR vendor serving small to mid-size hospitals, Federally Qualified Health Centers, and large physician practices. Comparable to PARAS in offering an integrated clinical + administrative platform with telehealth, patient portal, and RCM features.

Direct peers

• Napier Healthcare: Napier Healthcare is a Singapore-headquartered HIS provider serving hospitals across Southeast Asia, Middle East, and Africa with integrated clinical, administrative, and financial modules. A close direct peer to PARAS in serving multi-location hospitals in emerging markets with similar feature scope and customer profiles.
• Attune Technologies: Attune Technologies is an India/Singapore-based cloud-native hospital information system vendor targeting hospitals, clinics, and laboratories across emerging markets. Directly competes with PARAS in the same India + Southeast Asia emerging-market HIS segment with a similar multi-module approach.
• Medinous: Medinous is an India-based hospital management information system vendor serving multi-specialty hospitals, clinic chains, and diagnostic centers globally. Direct peer to PARAS in offering an integrated HIS targeting mid-market hospitals in India, Middle East, and Africa with comparable module scope.
• CrelioHealth (LiveHealth): CrelioHealth (formerly LiveHealth) is an India-based healthcare software vendor providing HIS, diagnostic management, and patient management solutions to hospitals and diagnostic chains. Directly comparable to PARAS in serving the Indian hospital and diagnostic center segment with cloud-based integrated modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/SrishtiSoftware
• Facebookfacebook.com/SrishtiSoftware
• LinkedInlinkedin.com/company/srishti-software

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Srishti Software Applications Pvt. Ltd.