Strides Software

Aurangabad, India Founded: 2010 • Age: 16 yrs Minicorn
Software solutions for tissue banking operations are provided.

About Strides Software

Strides Software is a Healthcare company based in Aurangabad (India) founded in 2010 by Dinesh Prakashchand Mutha. It operates as a software solutions for tissue banking operations are provided. Strides Software has raised $300 thousand across 3 funding rounds from investors including Microsoft and SIDBI Venture Capital. The company has 34 employees. Strides Software was last valued at $1.28 million in March 2018. Its chief executive is Dinesh Prakashchand Mutha. Its Indian entity Strides Software Solutions Private Limited reported revenue of β‚Ή3.46 Cr. Strides Software offers products and services including Safetrans, BOTS, iTrans, and BDIRS. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include LifeBank, Bloodbuy, Blod, BloodHub and IDONATE and 4 more; 4 of its 9 listed competitors have raised funding.

Company details

Strides Software Solutions provides solutions for the tissue banking industry to streamline the donation, collection, tracking, storage etc required and help organizations be error free, efficient, effective and address the need of the patients on time. Has two products - Blood Bank Management System (standard, premium and enterprise versions) and a Donor Relationship Management solution. Modules include camp management, donor screening, blood grouping, testing, accounting etc.

Key Metrics
  • Annual Revenue
    ₹3.46 Cr

    FY 2024 · +10% YoY

  • Net Profit
    ₹18.1 Lakh

    FY 2024 · 5% margin

  • EBITDA
    ₹39 Lakh

    FY 2024 · 11% margin

  • Total Equity Funding
    $300K (USD)

    in 3 rounds

  • Investors
    Microsoft

    & 1 more

  • Employee Count
    34

Products & Services of Strides Software

Strides Software offers a comprehensive portfolio of products and services, including Safetrans, BOTS, iTrans, and BDIRS.

Safetrans
Traceability Software

Software for blood center tracking and safety compliance.

BOTS
Blood Order System

System for secure blood ordering and transfusion processes.

iTrans
Transportation Software

Tool for intelligent blood transport and haemovigilance.

BDIRS
Donor Registration System

Platform for blood donor identification and registration.

Funding Insights of Strides Software

Strides Software has successfully raised a total of $300K across 3 strategic funding rounds. 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 $300,000
  • Total Rounds 3
  • Investors Count 2

All 3 funding rounds of Strides Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2025–Seed––
–
Mar 2018$300,000Seed$1.28MSIDBI Venture Capital
–
Jun 2016–Seed–Microsoft
–
Valuation history
DateValuationStage
Mar 2018$1.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.28M (Mar 2018). 2 investors in total: 2 institutional.

Investors in Strides Software

Strides Software has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft and SIDBI Venture Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital management for SMEs and startups in India.
1999sidbiventure.co.inMumbai, India
Microsoft is recognized for software, hardware, and gaming solutions.
1975microsoft.comRedmond, United States
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Investor details for Strides Software

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Board of directors of Strides Software Solutions Private Limited (Strides Software)

Strides Software Solutions Private Limited is the primary company behind Strides Software. The boards of the 2 registered companies of Strides Software currently have 5 directors; the longest-serving is Nupur Bhatnagar, appointed in 2010. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nupur Bhatnagar
DIN 03282636
Director02 Dec 201015 yrs 10 moAlliance Transfusion Private Limited
Kartik Jain
DIN 05194020
Director14 Aug 201214 yrs 2 moAlliance Transfusion Private Limited
Sonal Dinesh Mutha
DIN 07262141
Director10 Sep 201511 yrs 1 moStrides Software Solutions Private Limited
Prakashchand Sayarchand Mutha
DIN 08483424
Director15 Jun 20197 yrs 4 moStrides Software Solutions Private Limited
Dinesh Prakashchand Mutha
DIN 01112350
Director28 Mar 20224 yrs 6 moStrides Software Solutions Private Limited

People of Strides Software

3 people are tracked at Strides Software (3 in leadership); the tracked headcount is 34.

NameRoleGroup
Founder & CEOLeadership
DirectorLeadership
Denesh Mutha
Founder and CEOLeadership
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Complete people profiles for Strides Software

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Financials of Strides Software

Figures of Strides Software Solutions Private Limited, the primary company behind Strides Software, for FY 2024. Revenue was ₹3.46 Cr (+10% year on year). Net profit was ₹18.1 Lakh (5% margin). EBITDA was ₹39 Lakh (11% margin). Revenue has grown at a compounded annual rate of +28% over three years and +21% over five years.

  • ₹3.46 CrRevenue · FY 2024 · +10% YoY
  • ₹18.1 LakhNet profit · 5% margin
  • ₹39 LakhEBITDA · 11% margin
  • ₹7.1 LakhPaid-up capital
  • 34Employees (provident fund records)
  • +28%Revenue CAGR, 3 years
  • +21%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Strides Software Solutions Private Limited are on its company page.

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Detailed financial statements for Strides Software

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Strides Software

4 dated milestones of Strides Software across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Strides Software is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Strides Software

Strides Software has 9 listed competitors in our database, 4 of them funded. They include LifeBank, Bloodbuy, Blod, BloodHub and IDONATE, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lifebankcares.com2015Lagos, Nigeria$240,000–
Medical products for healthcare are procured through an online platform.
bloodbuy.com2013Dallas, United States$3.75M–
Hospitals and blood centers are connected through a cloud-based platform.
blod.in2021Chennai, India$114,487–
Blood management is streamlined via a platform for healthcare organizations.
bloodhub.com2010Phoenix, United States–26
Provider of smart solutions to order blood in an emergency
idonate.org.in2012Guntur, India––
Non-profit NGO focused on blood donation, tribal care, and youth empowerment in India.
ebps.at2002Vienna, Austria––
Offers custom IT solutions and software for blood plasma management and administration.
sigmablood.com2009Edmond, United States––
Online blood bank management system for healthcare organizations
fordman.co.uk1986Congleton, United Kingdom––
Provider of blood bank management devices for hospitals
hemavista.com2010Minneapolis, United States$650,000–
Offers innovative solutions to minimize waste in donated human blood, improving efficiency in blood banking.
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Detailed competitors of Strides Software

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Strides Software

The website of Strides Software (stridessoftware.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▼ 11.3% vs previous month

Top companies in Clinical IT & Data Platforms

10 companies that operate in the same segment as Strides Software (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 716.99 M–1,832
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M–1,746
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 473.73 M–3,902
App-based health insurance is offered to individuals and businesses.
2016Paris, Ile de France, FranceUSD 863.12 M–1,606
Virtual care programs for managing chronic diseases are provided.
2011San Francisco, California, United StatesUSD 450.12 MUSD 260.21 M992
AI-driven EMR and practice management software is delivered for clinics.
2010Boca Raton, Florida, United StatesUSD 329.17 M–2,470
Cloud-based administrative tools for healthcare providers are offered.
1997Watertown, United StatesUSD 40 M––
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
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Related news about Strides Software

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Frequently Asked Questions about Strides Software

Strides Software was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Strides Software is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.

Dinesh Prakashchand Mutha is the current CEO of Strides Software. They have also founded this company.

Strides Software is a funded company, having raised a total of $300K across 3 funding rounds to date.

Strides Software has 34 employees.

The primary company behind Strides Software, Strides Software Solutions Private Limited, reported revenue of β‚Ή3.46 Cr for FY 2024, up 10% year on year.

Strides Software Solutions provides solutions for the tissue banking industry to streamline the donation, collection, tracking, storage etc required and help organizations be error free, efficient, effective and address the need of the patients on time. Has two products - Blood Bank Management System (standard, premium and enterprise versions) and a Donor Relationship Management solution. Modules include camp management, donor screening, blood grouping, testing, accounting etc.

Strides Software's top competitors include Blod, LifeBank and IDONATE.

Strides Software offers Safetrans, BOTS, iTrans, and BDIRS.

Strides Software has 2 investors. Key investors include Microsoft, and SIDBI Venture Capital.

The valuation of Strides Software is $1.28M as of Mar 2018.

Strides Software is associated with 2 legal entities: Strides Software Solutions Private Limited, Alliance Transfusion Private Limited.

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