About Shubhram
Shubhram is a Healthcare company based in Sonipat (India) founded in 2014 by Shashi Baliyan, Seema Baliyan, and Shashi Balain. Linen management solutions are provided exclusively for hospitals. Shubhram has raised $407.68 thousand across 1 funding round from investors including Vardhman and Servizi Italia. The company has 396 employees. Shubhram was last valued at $10.37 million in April 2020. Its Indian entity Shubhram Hospital Solutions Private Limited reported revenue of ₹36.35 Cr. Shubhram offers products and services including Hospital Linen and Shubhram Clean Chain. Its focus areas include Services for Healthcare Providers, Facility Management Services and Housekeeping Services.
Company details
Shubhram was founded in 2014 in Sonipat, India, focusing on the healthcare sector. Linen management solutions are delivered solely to hospitals, encompassing off-site laundry processing. A variety of specialized linen products is supplied, including bed and bath linens, patient garments, and operation theatre drapes. The company is directed by co-founders Shashi Baliyan, Seema Baliyan, and Shashi Balain.
- Headquarters Sonipat, India
- Employees 396
- Founders Shashi Baliyan, Seema Baliyan, Shashi Balain
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website shubhram.com
- Social LinkedIn X Facebook
- Legal Name Shubhram Hospital Solutions Private Limited
- Date of Incorporation 19 Jun, 2014
- Jurisdiction Delhi, India
- Annual Revenue₹36.35 Cr
FY 2023 · +11% YoY
- Net Loss-₹24.19 Cr
FY 2023 · -67% margin
- EBITDA₹3.97 Cr
FY 2023 · 11% margin
- Total Equity Funding$407.68K (USD)
in 1 rounds
- Latest Funding Round$407.68K (USD), Seed
Apr 2020
- InvestorsVardhman
& 1 more
- Employee Count396
Associated legal entities of Shubhram
Shubhram operates through Shubhram Hospital Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shubhram Hospital Solutions Private Limited CIN U93000DL2014PTC268098 | Active | 19 Jun 2014 | New Delhi, Delhi | ₹36.4 Cr | 396 | 8 | View details |
Products & Services of Shubhram
Shubhram offers a comprehensive portfolio of products and services, including Hospital Linen and Shubhram Clean Chain.
Manages and launders hospital linens for hygiene and efficiency
Provides inventory and disinfection tracking for hospital supplies
Funding Insights of Shubhram
Shubhram has successfully raised a total of $407.68K through 1 strategic funding round. The most recent funding activity was a Seed round of $407.68 thousand completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $407,675
- Total Rounds 1
- Last Round Seed — $407,675
- First Round $407,675
(Apr 2020)
- Investors Count 2
All 1 funding rounds of Shubhram with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $407,675 | Seed | $10.37M | Vardhman, Servizi Italia | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $10.37M | •••••••• |
Last known valuation $10.37M (Apr 2020). 2 investors in total: 2 institutional.
Investors in Shubhram
Shubhram has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vardhman and Servizi Italia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Textile products including yarns, fabrics, and threads are manufactured. | 1965 | vardhman.com | Ludhiana, India | |
Sterilization, clinical engineering, and medical devices rental services are provided. | 1986 | servizitaliagroup.com | Soragna, Italy |
Investor details for Shubhram
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shubhram Hospital Solutions Private Limited (Shubhram)
Shubhram Hospital Solutions Private Limited is the primary company behind Shubhram. The board of Shubhram Hospital Solutions Private Limited currently have 6 directors; the longest-serving is Shashi Bhushan Balain, appointed in 2014. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashi Bhushan Balain DIN 06587603 | Managing Director | 19 Jun 2014 | 12 yrs 4 mo | Shubhram Hospital Solutions Private Limited |
| Seema Baliyan DIN 06587261 | Director | 19 Jun 2014 | 12 yrs 4 mo | Shubhram Hospital Solutions Private Limited |
| Angelo Minotta DIN 08171103 | Director | 01 Sep 2018 | 8 yrs 1 mo | Shubhram Hospital Solutions Private Limited |
| Andrea Gozzi DIN 08785702 | Director | 04 Aug 2020 | 6 yrs 2 mo | Shubhram Hospital Solutions Private Limited |
| Shashank Mohan Dev Kaushik DIN 09115369 | Alternate Director | 30 Oct 2022 | 4 yrs | Shubhram Hospital Solutions Private Limited |
| Roberto Cadau DIN 09082915 | Director | 27 Jun 2023 | 3 yrs 4 mo | Shubhram Hospital Solutions Private Limited |
People of Shubhram
3 people are tracked at Shubhram (3 in leadership); the tracked headcount is 396.
| Name | Role | Group |
|---|---|---|
Shashi Baliyan | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Shubhram
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Shubhram
Figures of Shubhram Hospital Solutions Private Limited, the primary company behind Shubhram, for FY 2023. Revenue was ₹36.35 Cr (+11% year on year). Net loss was -₹24.19 Cr (-67% margin). EBITDA was ₹3.97 Cr (11% margin). Revenue has grown at a compounded annual rate of +2% over three years and -1% over five years.
- ₹36.35 CrRevenue · FY 2023 · +11% YoY
- -₹24.19 CrNet loss · -67% margin
- ₹3.97 CrEBITDA · 11% margin
- ₹36.22 CrPaid-up capital
- 396Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shubhram Hospital Solutions Private Limited are on its company page.
Detailed financial statements for Shubhram
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Shubhram
3 dated milestones of Shubhram across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Shubhram is founded.
- Funding First funding round of $408K.
- Milestone Reaches Minicorn status.
Web traffic of Shubhram
The website of Shubhram (shubhram.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 46.1% vs previous month
Top companies in Healthcare Provider Support Services
2 companies that operate in the same segment as Shubhram (Healthcare Provider Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emergency medical transportation and ambulance services are provided. | 2016 | Hyderabad, Telangana, India | USD 34.31 M | USD 8.57 M | 1,371 | |
Health insurance platform for individuals | 2019 | Mumbai, Maharashtra, India | USD 13.7 M | USD 10.48 M | 109 |
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Frequently Asked Questions about Shubhram
Shubhram was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Shubhram is headquartered in Sonipat, India. It is registered at Sonipat, Haryana, India.
Shubhram is a funded company, having raised a total of $407.68K across 1 funding round to date. The company's 1st funding round was a Seed of $407.68K, raised on Apr 2020.
Shubhram has 396 employees.
The primary company behind Shubhram, Shubhram Hospital Solutions Private Limited, reported revenue of ₹36.35 Cr for FY 2023, up 11% year on year.
Shubhram was founded in 2014 in Sonipat, India, focusing on the healthcare sector. Linen management solutions are delivered solely to hospitals, encompassing off-site laundry processing. A variety of specialized linen products is supplied, including bed and bath linens, patient garments, and operation theatre drapes. The company is directed by co-founders Shashi Baliyan, Seema Baliyan, and Shashi Balain.
Shubhram offers Hospital Linen and Shubhram Clean Chain.
Shubhram has 2 investors. Key investors include Vardhman, and Servizi Italia.
The valuation of Shubhram is $10.37M as of Apr 2020.
Shubhram operates through Shubhram Hospital Solutions Private Limited.
The legal entities of Shubhram currently have 8 directors, including Angelo Minotta, Andrea Gozzi, Roberto Cadau and others.