VC Fund Investments
Out of hospital care firm Sukino Healthcare raises Rs.50-Cr
Bengaluru-based Sukino Healthcare Solutions has raised a Series A investment of INR 50 crore from Private Equity firm Stakeboat Capital. Veda Corporate Advisors was the exclusive financial advisor to the company on the deal. Founded in 2015 by Rajnish Menon, Sukino offers out-of-hospital recuperative, rehabilitative and palliative care. The company is currently managing 5 centres across Bangalore and Kochi and has serviced 10,000+ patients so far, with a focus on long term care patients. The new funds will enable Sukino to expand to newer geographies and newer areas of rehabilitation using technology and operate 20+ centres with a capacity of 1,500 beds over the next 3 years.
From the Venture Intelligence PE-VC Deal Database: In Aug-20, Sukino had raised over INR 5 Cr from the investment unit of Kris Gopalakrishnan and Mohandas Pai families. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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