Elder Care Platform Sarathi Healthcare raises Rs 1 cr in seed funding
Jodhpur-based Sarathi Healthcare, India’s first ElderCare Platform, has raised seed funding of Rs 1 crore from Ventures Angel Platform and other notable angel investors including Babu Nagappan, Aditya Masekar, Frinson Francis Palathingal, Harshvardhan Dhote, Sumant Patil, and Babu Nagappan. Frinson Francis Palathingal is Swiggy’s head of growth strategy, planning, expansion, and delivery for 500+ emerging cities.
With NRIs and a $5.2 billion market in Tier II and lower towns in India, Sarathi Healthcare also has a $15.2 billion worldwide opportunity in Asia alone. The firm provides physical services right at customers’ doorsteps, including vital (daily aid assistance), medical, nutritional, and wellness services. To date, it has made a difference in the lives of more than 10,000 people.
Additionally, they are in discussions with potential partners in Jaipur, Kota, and Udaipur, and by November, they will be prepared to begin operations in each of those cities.
The year 2023 will be a turning point for Sarathi Healthcare. With a projected income of Rs 1.6 crore, they intend to grow in four cities and increase their customer base to at least 15,000 people. The aged care health-tech business is even trying to improve its technology platform, which will be ready in the second half of FY2023, and will contain features like a community, dashboard, and medical records repository.
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