In a fundraising round headed by Bessemer Venture Partners and included Zerodha’s Rainmatter, healthcare company Sukino has received $31 million.
About Sukino Healthcare and Expansion Plans
The Bengaluru-based firm was established in 2016 and provides people with chronic illnesses with long-term healthcare services. Both at-home care services and its care centers provide their services.
Chief executive Rajinish Menon told ET that Sukino intends to utilize the money mainly to increase its footprint in new areas and to add more services to its portfolio.
Expansion Across South India
Menon said, “We will utilize the funds to build and extend across South India in places like Hyderabad, Chennai, Kozhikode, Thiruvananthapuram, and Hubli.” “We want to add eight centers in the next fiscal year, and we already have 11 centers.”
Usually, its care facilities contain between 75 and 90 beds. Long-term acute care patients occupy 15โ20% of the beds. These facilities are situated between residential areas and large hospitals.
Patient Care and Services
In addition to rehabilitation for neurological, orthopedic, and oncological disorders, its patients often need long-term care for chronic illnesses like stroke.
Sukino plans to expand by providing its patients more therapeutic options and incorporating artificial intelligence (AI) into them. Menon said, “As we grow our services, we will also include AI and robots in passive treatment to make sure the patients feel emotionally involved while completing their exercises.”
๐ฅ Sukino Expansion & AI Integration
- Funding: $31 million led by Bessemer Venture Partners
- New Centers: Targeting 8 additional centers across South India
- Current Centers: 11 centers operational
- Therapies: Neurological, orthopedic, oncology rehabilitation
- AI & Robotics: Integrated in passive therapy for emotional engagement
“Our optimism in Sukino stems from our view that superior healthcare, particularly in the single specialty area, would lead to improved clinical treatment and results for Indian customers,” said Bessemer Venture Partners partner Vishal Gupta in a prepared statement.
In India, the majority of patients get surgical care in hospitals. However, once they leave hospitals, there is a larger need for ongoing care and assistance, particularly for patients who are critically ill. By bridging the gap between hospital discharge and complete healing, Sukino is addressing a serious issue here, according to Rainmatter CEO Nitin Kamath.
๐ Sukino Priority Care Services
- Priority Scheduling: Inpatient rehabilitation & homecare
- Faster Recovery: Timely access to critical healthcare resources
- Continuum Care: Bridging hospital and home with multidisciplinary teams
- Chronic Care: Long-term care for stroke, neurological, orthopedic, oncology conditions
- Technology: AI and robotics integration for therapy engagement
Frequently Asked Questions
1) Who is Sukino’s CEO?
The CEO and founder of Sukino Healthcare Solutions Pvt. Ltd. is Rajinish Menon.
2) What advantages come with selecting Sukino Healthcare?
Priority scheduling for homecare and inpatient rehabilitation programs helps program participants get timely access to vital resources. This dedication to prompt treatment greatly accelerates healing and improves general health.
3) What is Sukino Healthcare’s past?
Rajnish Menon founded Sukino Healthcare in 2015, and it now has nine locations in Bangalore, Kochi, and Coimbatore. We provide elders with supported living, end-of-life care, and out-of-hospital rehabilitation treatments. With our all-encompassing continuum care, we want to close the gap between hospital and home care.
4) Sukino Healthcare: What is it?
Sukino Healthcare is India’s first continuum care provider, specialized in post-hospitalization care and bridging the gap between hospitals, using state-of-the-art technology and multidisciplinary teams in Bangalore and Kochi.
5) How long is a person on life support able to survive?
Surviving on life support has no upper limit in theory. John Prestwich MBE passed away in 2006 at the age of 67 after 50 years in an iron lung, while Patricia LeBlack from Guyana has been receiving continuous renal dialysis in London for 40 years.
Conclusion
Rajinish Menon established Sukino Healthcare, a Bengaluru-based firm that is revolutionizing long-term care and post-hospitalization in India. Sukino intends to grow across South India, add more care facilities, improve therapeutic services, and incorporate robots and artificial intelligence into patient care. Bessemer Venture Partners led a $31 million fundraising round.
Sukino fills a vital need in Indian healthcare by providing patients with prompt, excellent, and individualized assistance for chronic and rehabilitative diseases.
Disclaimer
This content is for informational purposes only and does not constitute financial, medical, or investment advice.