About SoftTeam
SoftTeam is a company based in Chennai (India) founded in 1999 by Syamala Saravanakumar, Selvapandian Muthiah, Saravanakumar Sakthivel, and Selvapandian Selvarani Elizabeth. SoftTeam operates in a competitive market with competitors including Siemens Healthineers, Evolucare, Darmiyan, INCEPTO medical and PaxeraHealth, among others.
- Headquarter Chennai, India
- Founders Syamala Saravanakumar, Selvapandian Muthiah, Saravanakumar Sakthivel, Selvapandian Selvarani Elizabeth
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website softteam.com
- Social LinkedIn Facebook
- Legal Name Softteam Solutions Private Limited
- Date of Incorporation 01 Aug, 2000
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹5.25 Cr
FY 2024 · +49% YoY
- Net Profit₹1.49 Cr
FY 2024 · 28% margin
- EBITDA₹2.22 Cr
FY 2024 · 42% margin
- Investors
Associated legal entities of SoftTeam
SoftTeam operates through Softteam Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Softteam Solutions Private Limited CIN U72300TN2000PTC045479 | Active | 01 Aug 2000 | Chennai, Tamil Nadu | ₹5.3 Cr | 44 | 4 | View details |
Funding Insights of SoftTeam
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of SoftTeam 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 |
|---|---|---|---|---|---|
| Jun 2010 | – | Grant | – | – |
1 investors in total: 1 institutional.
Investors in SoftTeam
SoftTeam has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Department of Biotechnology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biotechnology research, guidelines, and funding by the Government of India. | 1986 | dbtindia.gov.in | Delhi, India |
Investor details for SoftTeam
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Softteam Solutions Private Limited (SoftTeam)
Softteam Solutions Private Limited is the primary company behind SoftTeam. The board of Softteam Solutions Private Limited currently have 4 directors; the longest-serving is Syamala Saravanakumar, appointed in 2000.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Syamala Saravanakumar DIN 02325826 | Director | 01 Aug 2000 | 26 yrs 2 mo | Softteam Solutions Private Limited |
| Muthiah Selvapandian DIN 00757992 | Director | 01 Aug 2000 | 26 yrs 2 mo | Softteam Solutions Private Limited |
| Sakthivel Saravanakumar DIN 00758011 | Director | 01 Aug 2000 | 26 yrs 2 mo | Softteam Solutions Private Limited |
| Selvapandian Selvarani Elizabeth DIN 02833366 | Director | 01 Aug 2000 | 26 yrs 2 mo | Softteam Solutions Private Limited |
People of SoftTeam
4 people are tracked at SoftTeam (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for SoftTeam
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SoftTeam
Figures of Softteam Solutions Private Limited, the primary company behind SoftTeam, for FY 2024. Revenue was ₹5.25 Cr (+49% year on year). Net profit was ₹1.49 Cr (28% margin). EBITDA was ₹2.22 Cr (42% margin). Revenue has grown at a compounded annual rate of +73% over three years and +27% over five years.
- ₹5.25 CrRevenue · FY 2024 · +49% YoY
- ₹1.49 CrNet profit · 28% margin
- ₹2.22 CrEBITDA · 42% margin
- ₹8.4 LakhPaid-up capital
- 44Employees (provident fund records)
- +73%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Softteam Solutions Private Limited are on its company page.
Detailed financial statements for SoftTeam
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 SoftTeam
2 dated milestones of SoftTeam across 11 years, from founding to its latest funding, stage changes and deals.
- Founded SoftTeam is founded.
- Funding First funding round.
Competitors of SoftTeam
SoftTeam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Siemens Healthineers, Evolucare, Darmiyan, INCEPTO medical and PaxeraHealth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| siemens-healthineers.com | 1847 | Erlangen, Germany | – | 66,000 | AI-based medical diagnostics are developed for healthcare applications. | |
| evolucare.com | 2009 | Villers Bretonneux, France | $20.89M | – | Software for critical care and medical imaging management is provided. | |
| darmiyan.com | 2015 | San Francisco, United States | $10.09M | – | Platform for presymptomatic diagnosis of neurodegenerative disorders | |
| incepto-medical.com | 2017 | Paris, France | $33.33M | 2 | AI solutions for medical imaging in emergency departments are provided. | |
| paxerahealth.com | 2009 | Boston, United States | $5.5M | – | AI-based medical image management solutions are offered for organizations. | |
| edenmed.com | 2016 | Miguel Hidalgo, Mexico | $39M | – | PACS and DICOM solutions for medical imaging are provided. | |
| imeka.ca | 2011 | Sherbrooke, Canada | – | 19 | MRI-based diagnostic software using AI and diffusion imaging is developed. | |
| promed.com.au | 1983 | Richmond, Australia | – | – | Provider of radiology information, communication systems, and advanced visualization solutions |
Detailed competitors of SoftTeam
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SoftTeam
The website of SoftTeam (softteam.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 30.2% vs previous month
Latest news on Softteam
Complete news archive for SoftTeam
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to SoftTeam
10 companies that operate in the same segment as SoftTeam (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Frequently Asked Questions about SoftTeam
SoftTeam was founded in 1999 and raised its 1st funding round 11 years after it was founded.
SoftTeam is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind SoftTeam, Softteam Solutions Private Limited, reported revenue of ₹5.25 Cr for FY 2024, up 49% year on year.
SoftTeam Solutions was founded in 1999 and is headquartered in Chennai, India. Operations focus on software development for the medical and healthcare industries. Services for medical OEMs include custom software, central patient monitoring systems, and solutions for patient monitors. For healthcare integrators, offerings encompass DICOM workstations, digital radiography workstations, and image management software.
SoftTeam's top competitors include Siemens Healthineers, Evolucare and INCEPTO medical.
SoftTeam has 1 investor. Key investors include Department of Biotechnology.
SoftTeam operates through Softteam Solutions Private Limited.
The legal entities of SoftTeam currently have 4 directors, including Syamala Saravanakumar, Muthiah Selvapandian, Sakthivel Saravanakumar and others.