Strides Software Solutions Completes Primary and Secondary Fundraise, Welcomes New Investors

Strides Software Solutions Completes Primary and Secondary Fundraise, Welcomes New Investors

Aurangabad (Maharashtra) [India]: Strides Software Solutions Pvt. Ltd., a healthtech startup enhancing blood transfusion safety through IT and IoT products and providing regionwide blood transfusion lifecycle management platform, proudly announces the successful closure of both its primary and secondary fundraise.

Strides was founded by Denesh Mutha in 2015, in Chh. Sambhajinagar, with and objective of enabling Safe, High quality and high availability of Blood components. Gaining investor interest and backing in this segment with high social impact has been no small feat. Yet, our unwavering commitment to enhancing blood transfusion safety and quality has inspired the trust and support of leading investors.

We take this opportunity to extend our heartfelt gratitude to our initial investors, SIDBI Venture Capital Limited and the Maharashtra State Social Venture Fund, who stood by us in the early stages of our journey. Their belief in our mission enabled us to scale, innovate, and strengthen our flagship product, Safetrans, which is now trusted by over 400 hospitals and blood processing centers, till time screened 90 lakh+ blood donors, identified 2.5 lakh + ineligible blood donors and prevented them from donating blood, enabled 1.6 cr + blood transfusions in patients and prevented 8 lakh + life threatening errors.

Some of the key customers include AIIMS Hospitals Delhi, Fortis Hospital Chain, Manipal Group of Hospitals, KIMS Hospital group, HN Reliance Hospital, Hinduja Hospital, ILBS Hospital, Indian Red cross Blood centers, Rotary Blood centers, Lifeline and others.

Safetrans, the flagship blood traceability software of Strides is CDSCO licensed class B Medical devices and was one of the first software as medical devices license in the blood transfusion lifecycle space.

Strides has been the winner of Nasscom SME Inspire awards 2023 for “Growth Leadership in Products and Platform” – Micro enterprise.

We are thrilled to welcome our new investors, whose faith in our mission marks a new chapter for Strides. With their backing, we are poised to take further strides in enhancing the safety and quality of blood transfusions, not just in India but on a global scale.

A big thank you goes out to our incredible team at Strides Software Solutions. Your hard work, passion, and dedication have been the driving force behind every milestone we’ve achieved. This accomplishment would not have been possible without your unwavering commitment to innovation and excellence.

We also extend our gratitude to Mr.Ketan Shah and the entire Panini Advisors team, whose expertise and guidance facilitated this successful fundraise, and to our customers and the transfusion practitioners community, whose trust and partnership inspire us to continue delivering impactful solutions.

With this new funding, Strides Software Solutions is determined to further its mission of enhancing blood transfusion safety leveraging advanced IT and IoT technologies and inturn save lives and improve healthcare outcomes.

For media inquiries, please contact: Denesh Mutha

Founder, CEO

Strides Software Solutions Pvt. Ltd. denesh@stridessoftware.com

Transforming the lives of LGBTQ and Female through LMV Driving Training; A novel initiative of CIE Automotive India Ltd. Under CSR program

Transforming the lives of LGBTQ and Female through LMV Driving Training; A novel initiative of CIE Automotive India Ltd. Under CSR program

Bhosari, Pune, Maharashtra – CIE India Institute of Skills, a CSR initiative by CIE Automotive India Ltd., is proud to announce its groundbreaking initiative to skill, empower and provide Employment to the LGBT community and females, fostering livelihood opportunities. 

This initiative, operating under Project Lakshay, is aimed at providing Light motor vehicle driving skills to the LGBT and female communities, offering them Employment and self Employment Career opportunities as Light Motor Vehicle commercial drivers at reputed companies. The CSR initiative of CIE Automotive India Ltd is implemented by Seeds Impact with the support of Learnet Skills Limited under Project Lakshya.

A seminar was organised by CIIS to understand the challenges of LGBT community. The representatives from Pimpri Chinchwad Municipal Corporation, NGOs, Transgender Activists, Transgender individuals shared their thoughts.

Under Project Lakshya, the CIE India Institute of Skills focuses on providing free residential mode of training and placement to underprivileged and unemployed youth. At CIE India Institute of Skills, four trades are offered, including Tool and Die Maker, CNC Operator Turning, Pneumatic and Hydraulic Fitter, and Industrial Welding. Candidates undergo specialized training and are subsequently placed in respective industries.

Over the span of three years, from 2020 to 2023, the project has demonstrated impressive quantitative and qualitative improvements. Under the Project Lakshya,  more than 800 candidates were enrolled and 650 Candidates successfully placed in reputed companies. The center stands out for its impressive infrastructure and comprehensive facilities. The well-equipped classrooms provide an ideal learning environment, complemented by industrial-designed practical labs that enhance hands-on experience.

Awards and Honors: 

‘LAKSHYA’ – a beacon of inspiration. This CSR film, depicting the real story of a female candidate from CIE India Institute of Skills, earned India’s largest CSR film honor, the Socio CSR Film Award in March 2023 held in Pune. 

The CSR Box Bharat Dalmia Award was held in Delhi on October 13, 2023. CIE India Institute of Skills received an Award for “LAKSHYA,” a CSR project by CIE Automotive India Ltd. 

CIE India Institute of Skills was honored with the prestigious India CSR Award in a ESG India Summit ceremony held in Raipur on 12th August for the outstanding project, Lakshya.

Vinayak Khadaskar, CSR and HR Head at CIE Automotive India Ltd. emphasized the importance of bringing marginalized communities into the mainstream. “It is our responsibility to support LGBT and females by empowering them and making them stand on their feet. We have successfully started the special batch with 25 participants, including 5 from the LGBT community and 20 females.”

The special batch, spanning 45 days, includes additional soft skills training such as basic English, computer skills, and personality development. Free hostel and canteen facility and traveling allowance for needy are provided by CIE India Institute of Skills. These learners will be taken to  a ADTSSI, Ajmer in Rajasthan for further hands on practice and intense driving skill training by air. 

Quotes from Enrolled Trainees:

“I am a single parent facing financial issues, and being not well-educated makes finding a job difficult. CIE India Institute of Skills has given me the opportunity to enroll in this program, and I am thankful. My dream is to make my children well-educated, and this placement as a commercial driver will give me the strength to do so.” – Deepali Muluk, Single Parent

“Transgenders face many issues in pursuing education and jobs. My aim was to work in the mainstream area, and fortunately, I got the opportunity where I will live life with dignity and respect.” – Arohi Sheikh, Transgender ( named changed) 

For media inquiries, please contact:

Contact Person: Pratiksha Jadhav

Contact no: 7275002513/ 7276250013

Email id: pratikshajadhav.lnet@gmail.com

Location:

Gate No. 3, CIE Automotive Ltd. Bhosari Industrial Estate, Near BSNL Office, Bhosari, Pune 411 026, Maharashtra