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

Sukino, the out of hospital healthcare chain, has raised $31 million in its Series B funding round led by Bessemer Venture Partners.

The round also saw participation from zerodha’s Rainmatter.

The new funding will mainly be used to expand into new locations. Sukino plans to open 22 centres over the next two years.

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Chief executive Rajinish Menon said “With this milestone, we are one step closer to reimagining how India heals after serious illness, making world-class rehabilitative care as accessible and accepted as hospital care itself. Our vision is to build an institution where patients and their families can count on structured, compassionate recovery support that restores not just health, but dignity and independence.”

Vishal Gupta, Partner at Bessemer Venture Partners said “we’re thrilled to be partnering with Rajinish,Shalini and team. Their focus on protocol driven, empathy-first support ensures high quality care to patients at a tough and vulnerable point in their lives. Our belief in Sukino is rooted in our conviction that high quality healthcare, especially in the single speciality space,will lead to better clinical care and outcomes for Indian consumers.”

Nitin Kamath, CEO of Rainmatter said “Most patients in India get medical attention for surgeries in hospitals. But there is a greater need for continued care and support once they get discharged from hospitals especially for critical patients. Sukino is solving a real problem here by bridging the gap between hospital discharge and full recovery. Rajinish, Shalini and the team have been delivering care continuity to patients since 2016 across different cities and diverse set of patients.  Building great businesses that also drives meaningful outcomes takes time, which is why we are glad to support Sukino through Rainmatter Health for the next phase of the journey where they continue to build meaningfully”.

About Sukino 

Founded in 2016 by Rajinish and Shalini Menon, the Bengaluru-based Sukino focuses on post-treatment rehabilitation and at-home care for patients with long-term illnesses, working in a specialised area beyond standard hospital care.

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Sukino currently runs over 850 beds across 11 centres in Bengaluru, Kochi, and Coimbatore, and is profitable at the group level. Its centres are strategically located between major hospitals and residential areas. While the focus is mainly on stroke patients, the centres also treat people needing rehabilitation for neurological, orthopaedic, and cancer-related conditions.

Over the past year, Sukino has recorded 64% year-on-year growth, adding five new centres during this period.

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