News on Medial

Agetech startup Sukoon Unlimited raises pre-seed round

EntrackrEntrackr ยท 5m ago
Agetech startup Sukoon Unlimited raises pre-seed round
Medial

Sukoon Unlimited, an agetech startup and a community-driven platform for seniors, has raised $430K in its pre-seed round. This round saw notable investors like Anchorage Capital Partners (India), Vinay Jain, an oncologist and philanthropist, Manish Dureja, Rahul Dash, Prantik Mazumdar, Neeraj Sagar, and Sudhir Kamath. The proceeds will be used to enable Sukoon Unlimited to enhance its platform, scale its operations, and expand its community of seniors across India. Founded in 2024 by Vibha Singal, Sukoon Unlimited supports the mental, emotional, social, and physical well-being of seniors, providing a holistic solution that helps them rediscover joy and purpose in their daily lives. Sukoon Unlimited's innovative use of conversational AI ensures seniors have companionship and support around the clock, reinforcing their sense of belonging and relevance. The platform helps seniors mentor, support, and connect through counseling, events, and personalized assistance. Since its launch eight months ago, Sukoon Unlimited claims to have reached over 2,000 seniors across 250 cities globally, primarily through word of mouth and referrals.

Related News

Kites Senior Care raises Rs 45 Cr in Series A round

EntrackrEntrackr ยท 1y ago
Kites Senior Care raises Rs 45 Cr in Series A round
Medial

Agetech startup Kites Senior Care has raised Rs 45 crore ($5.4 million) in its Series A round led by Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG) through his family office. Previously in January 2023, Kites had raised Rs 14 crore in a pre-series A round from Ranjan Pai. The proceeds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said in a press release. Founded in 2016 by Rajagopal and Reema, Kites Senior Care specialises in a range of geriatric services including post-operative and post-hospitalisation rehabilitative care, palliative care, dementia care, and respite care, both within care facilities and at the residences of senior citizens. Currently, the startup has a team of 400 care professionals, which is expected to grow to over 1,500. Further, the Bengaluru-based firm has plans to use the newly raised capital to augment its bed capacity to over 1,000 within the next six quarters, up from the current number of 340. Also, it aims to complete the pilot expansion of its tech platform โ€˜seniorshield,โ€™ leveraging wearable technology from Titan Fastrack. Besides Kites Senior Care, Samarth Life, Age Care Labs, Goodfellows, KareWise, SeniorWorld, GetSetUp, 60Plus India, ElderAid Wellness and GenWise also operate in the agetech space.

Download the medial app to read full posts, comements and news.