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Healthcare startup Sukino raises $31 Mn in Series B led by Bessemer

Entrackr

Entrackr · 2d ago

Healthcare startup Sukino raises $31 Mn in Series B led by Bessemer

Hospital healthcare chain Sukino has raised $31 million in a Series B round led by Bessemer Venture Partners, with participation from Rainmatter. The fresh capital will be used to expand Sukino’s footprint across new geographies. Founded in 2016 by Rajinish Menon and Shalini Menon, Sukino operates in the post-acute and rehabilitative care segment, focusing on structured recovery outside traditional hospital settings. The firm primarily serves stroke patients, while also catering to neurological, orthopaedic, and oncology rehabilitation needs. The company currently runs over 850 beds across 11 centres in Bengaluru, Kochi, and Coimbatore. It operates at a group-level profitability and has added five centres over the past year, during which it reported 64% year-on-year growth. Sukino plans to add 22 more centres over the next two years. The expansion is supported by two structural shifts: wider insurance coverage that now includes rehabilitation for 60–90 days, and growing acceptance of institutional recovery care among Indian families.

Related News

Healthcare startup Sukino raises $31 million in round led by Bessemer - The Economic Times

Economic Times

Economic Times · 1d ago

Healthcare startup Sukino raises $31 million in round led by Bessemer - The Economic Times

Bengaluru-based healthcare startup Sukino, established in 2016, raised $31 million in a funding round led by Bessemer Venture Partners and Rainmatter, an investment arm of Zerodha. Specializing in long-term care for chronic condition patients, Sukino plans to expand its services geographically and enhance its offerings, including integrating AI and robotics for therapy. Currently operating 11 centers, Sukino aims to open eight additional centers and introduce more therapy options.

CureBay raises $21 mn to expand rural AI-driven healthcare

Inshorts · 7m ago

CureBay raises $21 mn to expand rural AI-driven healthcare

Bhubaneswar-based CureBay has secured $21 million in Series B funding led by Bertelsmann India Investments. The health-tech startup will enhance its AI-powered platform, expand eClinics, and enter underserved states like Bihar and UP. With over 150 clinics and 1,000 local health workers, CureBay aims to revolutionize rural healthcare access across India.

Peak XV-backed Bright Money raises $62 Mn

Entrackr

Entrackr · 2y ago

Peak XV-backed Bright Money raises $62 Mn

Bright Money, a Bengaluru and San Francisco-based consumer fintech startup, has raised $62 million in a Series B funding round. The round consists of $50 million debt from Encina Lender Finance and $12 million equity led by Alpha Wave, Hummingbird, and PeakXV. Bright Money offers debt management solutions and aims to reshape global retail banking using big data and AI. The funding will help the company cater to millennials, particularly in the US, and expand its product offerings. Bright Money previously raised $31 million in a Series A round in September 2021.

Onsurity raises $24 Mn in Series B led by IFC

Entrackr

Entrackr · 2y ago

Onsurity raises $24 Mn in Series B led by IFC

Indian employee healthcare platform Onsurity has raised $24 million in a Series B funding round led by International Finance Corporation (IFC). The startup plans to use the funds to enhance the claims experience for its members and expand its partnerships with over 50,000 companies. Onsurity offers subscription-based services to businesses, including cyber insurance and liability insurance. It currently serves more than 5,000 companies and aims to reach 50,000 businesses by 2026.

API Banking Startup TransBnk Nets $25 Mn Series B

Inc42 · 4m ago

API Banking Startup TransBnk Nets $25 Mn Series B

TransBnk, a Mumbai-based fintech startup, raised $25 million in a Series B funding round led by Bessemer Venture Partners, with participation from Arkam Ventures, Fundamentum Partnership, 8i Ventures, Accion Venture Labs, and GMO Venture Partners. Founded in 2022, the company provides an API-based banking platform connecting corporates, fintechs, and lenders to multiple banks. With the new funding, TransBnk plans to expand its presence in Southeast Asia, the Middle East, and strengthen its operations in India.

Physician engagement startup Doceree raises $35 million led by Creaegis

Economic Times

Economic Times · 2y ago

Physician engagement startup Doceree raises $35 million led by Creaegis

Physician engagement startup, Doceree, has secured $35 million in a Series B funding round led by Creaegis. The funding will be used to accelerate product development, enhance technologies, expand global operations, and grow the team. Doceree helps pharmaceutical and life-sciences companies and healthcare media agencies reach healthcare professionals through programmatic messaging on their networks and digital workflows.

Healthcare edtech startup Virohan raises $7.5 Mn in ongoing Series B

Entrackr

Entrackr · 27d ago

Healthcare edtech startup Virohan raises $7.5 Mn in ongoing Series B

Healthcare edtech startup Virohan raises $7.5 Mn in ongoing Series B Healthcare edtech startup Virohan has raised Rs 65 crore ($7.5 million) as part of its ongoing Series B funding round, led by Mynavi Corporation. The round also saw participation from Virohan’s existing investors including Blume Ventures, Bharat Inclusive Technologies Seed Fund, and Rebright Partners. The funding will accelerate Virohan’s path to profitability through product innovation, operational efficiencies, and strategic talent expansion, the company said in a press release. Virohan works with universities such as UPES, BBD University, CMR University, Assam Don Bosco University, and G.H. Raisoni University to offer undergraduate programs in allied healthcare, nursing, and healthcare management, and partners with healthcare companies including Lenskart, Medanta, Healthians, and Dr. Lal PathLabs to support student placements. The seven-year-old firm claims to have partnered with more than 20 higher education institutions, trained over 13,000 healthcare students, and worked with over 2,000 healthcare employers to support graduate employability. Virohan has raised over $25 million in funding so far. According to TheKredible, after the latest share allotment, Mynavi Corporation will hold a 3.83% stake in the company, while Blume Ventures will continue as the largest shareholder with a 16.16% holding. The company is yet to file its FY25 financials. In FY24, Virohan reported operating revenue of Rs 21 crore, up from Rs 10.65 crore in FY23, while its losses widened 18% year on year to Rs 22 crore.

Insurtech startup Onsurity raises $45 mn in Series B round

VCCircle

VCCircle · 1y ago

Insurtech startup Onsurity raises $45 mn in Series B round

Indian insurtech startup Onsurity has raised $45 million in a Series B funding round led by private equity firm Creaegis. Existing investors such as International Finance Corporation, Quona Capital and Nexus Venture Partners also participated in the round. The Bengaluru-based company offers employee healthcare benefits to small and medium-sized enterprises, startups and corporations. The funding will be used to launch new digital offerings and product lines, enhance the company's technology capabilities, and develop fully digital greenfield products. Onsurity has onboarded over 8,000 companies across 26 Indian states and three union territories since its founding in February 2020.

Sprinter Health raises $55M to expand its at-home healthcare service

TechCrunch · 8m ago

Sprinter Health raises $55M to expand its at-home healthcare service

Sprinter Health, a startup launched during the pandemic by Max Cohen and Cameron Behar, focuses on at-home healthcare services like blood draws and cancer screenings. Despite lacking healthcare backgrounds, the duo expanded Sprinter to 18 states, boosting its revenue six-fold annually. The company's $55 million Series B funding was led by General Catalyst. Sprinter's logistics system optimizes routes for clinical staff, enhancing efficiency and sustainability in operations.

Sprinto Raises $20 Mn From Accel, Others

Inc42 · 1y ago

Sprinto Raises $20 Mn From Accel, Others

RegTech startup Sprinto has raised $20 million in Series B funding led by Accel. The funding round also included participation from existing investors Elevation Capital and Blume Ventures. Sprinto, founded in 2020, provides enterprises with automation tools for risk and compliance requirements. The company plans to use the funding for research and development, focusing on intelligent automation and artificial intelligence, as well as expanding into new markets.

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