Sukino Healthcare Solutions, a Bengaluru-based startup that provides a full range of home care and continuum care healthcare services, announced today it has raised Rs 50 crore to expand the company’s services to other regions and toward areas of rehabilitation using technology and business processes.
According to Chandrasekar Kandasamy, Managing Partner of Stakeboat Capital, the investment in Sukino will help the startup capture a portion of the steadily growing market. “We are excited to support Sukino in its mission to provide quality healthcare to patients suffering from chronic ailments. With its unique service offering and a strong management team, we are confident that Sukino will achieve great success in the coming years,” he said.
Founded by Rajinish Menon in 2015, Sukino Healthcare Solutions offers a full spectrum of healthcare services to patients with chronic ailments, including complications from neurological impairments, cardiac diseases, cancer, respiratory distress, kidney diseases, and post-operative clinical care. The company has served more than 10,000 patients to date and is present across five locations in Bengaluru and Kochi.
Sukino Healthcare Solutions New Centres will have a capacity of 1500 beds
At present, Sukino Healthcare Solutions manages five centres and plans to expand to 20 centres with a capacity of 1500 beds in the next three years. Its services are focused on providing quality healthcare to patients in need, either at its continuum of care facilities or at the homes of patients.
“We are committed to providing the best possible care to our patients, and this investment from Stakeboat Capital will enable us to expand our services to more patients in need,” said Rajinish Menon, Founder and CEO of Sukino Healthcare Solutions. “We are confident that with the support of our investors, we will be able to achieve our goals and continue to make a positive impact on the healthcare industry.”
The financial advisor to Sukino Healthcare Solutions Series A Funding from private equity Stakeboat was Veda Corporate Advisors (“Veda”).