About Paramount Health Services
Paramount Health Services is a company based in Mumbai (India) founded in 1996 by Sandhya Shah and Nayan Shah was acquired by Medi Assist in August 2024. The company has 2,550 employees as of April 09, 2024.
- Headquarter Mumbai, India
- Employees 2550 as on 09 Apr, 2024
- Founders Sandhya Shah, Nayan Shah
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Sectors
Business Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Paramount Health Services & Insurance Tpa Private Limited
- Date of Incorporation 19 Oct, 2001
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$17.25 M (USD)21.87as on Mar 31, 2023
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Net Profit
$1.15 M (USD)61.34as on Mar 31, 2023
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EBITDA
$773.24 K (USD)27.45as on Mar 31, 2023
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Latest Funding Round
$5 M (USD), Debt – Conventional
Jul 11, 2013
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Investors
Medi Assist
& 1 more
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Employee Count
2550
as on Apr 09, 2024
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Acquired by
Medi Assist
(Aug 26, 2024)
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People of Paramount Health Services
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Funding Insights of Paramount Health Services
Investors in Paramount Health Services
Paramount Health Services has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Medi Assist and Hamilton Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt investments are managed across multiple sectors.
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Healthcare benefits administration services for employees are managed online.
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Investments & Acquisitions by Paramount Health Services
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Financial Statements - Paramount Health Services
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Paramount Health Services Comparisons
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Latest news on Paramount Health Services
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Frequently Asked Questions about Paramount Health Services
Paramount Health Services was founded in 1996 and raised its 1st funding round 17 years after it was founded.
Paramount Health Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
As of Apr 09, 2024, the latest employee count at Paramount Health Services is 2,550.
Annual revenue of Paramount Health Services is $17.25M as on Mar 31, 2023.
Paramount Health Services was established in 1996 in Mumbai, India. Outsourcing solutions for the healthcare insurance sector are delivered, covering health insurance administration, cashless hospitalization facilitation, claim processing, and settlement procedures. Operations focus on insurance-related support services to streamline provider and policyholder interactions within the Indian market.
Paramount Health Services has 2 investors. Key investors include Medi Assist, and Hamilton Investment Partners.