Sukino Healthcare Solutions, a leader in the Indian long-term healthcare sector, has been granted Series-A private equity investment of INR 50 crore from Stakeboat Capital. The move is sure to propel them towards further success and growth in the sector. With this additional funding, the company plans to bring their services to new geographical locations & expand its offerings in areas of rehabilitation. It also seeks to leverage its technological know-how and successful business practices.
Sukino is a well-known leader in the healthcare sector, providing comprehensive services to meet the long-term medical requirements of patients. According to the recent press release, the company is aiming to expand its operations with a total of 20 centers over the course of three years, with each having a capacity of 1,500 beds. Currently, five such centers exist under their management.
Rajinish Menon, Sukino Healthcare’s CEO, was thankful to be given the chance for funding by Stakeboat Capital and Chandrasekar Kandasamy, the Managing Partner of Stakeboat. Menon was grateful to Sukino’s former investors, Kris Gopalakrishnan & Mohandas Pai, for taking part in the company’s growth that led to its present success.
Also Read: Nexus Venture Partners Raises $700 Million Fund to Invest in AI, Fintech and Consumer Startups
Stakeboat Capital and Sukino Healthcare have recently joined forces in a strategic partnership. Chandrasekar Kandasamy from Stakeboat Capital expressed his delight and reiterated their commitment to helping small & medium businesses grow. He mentioned that the investment in Sukino will enhance their chances of grabbing a significant portion of the quickly flourishing Indian rehabilitation sector.
Established in 2015, Sukino Healthcare offers an extensive package of care for patients. This comprehensive continuum of care allows them to make a rapid recovery at any stage of their illness. These out-of-hospital services are geared towards helping patients in recuperating, rehabilitating and providing palliative care over a longer period of time, thereby meeting their health requirements.
The investment from Stakeboat Capital will enable Sukino to expand its geographic reach and scope of offerings, further establishing itself as a leader in the healthcare industry. The funding will also help the company capitalize on the growing demand for long-term healthcare management services in India.
