Sukino Healthcare Solutions raises Rs 50 crore in Series A funding from Stakeboat Capital
- ByStartupStory | March 21, 2023
Stakeboat Capital has invested Rs 50 crore in Sukino Healthcare Solutions through a Series A private equity investment round. The funds raised will be utilised by the company to expand its operations to new regions and focus on rehabilitation using advanced technology and business processes.
Sukino Healthcare Solutions received financial advice from Veda Corporate Advisors during the investment round.
Chandrasekar Kandasamy, Managing Partner of Stakeboat Capital, believes that the investment made in Sukino Healthcare Solutions will enable the startup based in Bengaluru to capture a share of the consistently expanding market.
Sukino Healthcare Solutions was established by Rajinish Menon in 2015, provides a wide spectrum of services which includes preventive care, critical intervention to rehabilitative treatment and sensitive palliative care for terminally ill patients.
The care is provided at either the continuum of care facilities or the patients’ homes.
Sukino Healthcare Solutions specialises in providing healthcare services to patients with chronic illnesses such as neurological impairments, cardiac diseases, cancer, respiratory distress, kidney diseases, and post-operative care.
According to a statement by the company, it has already served over 10,000 patients and currently operates in five locations in Bengaluru and Kochi. Sukino plans to increase its capacity by expanding to 20 centres with a total of 1,500 beds over the next three years.
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