Sukino Healthcare Solutions, a leading continuum care provider in India, has received a 50 crore INR Series-A private equity investment from Stakeboat Capital.
Using technology and the best business practices it has mastered over the years, the company plans to use the new funding to expand into newer geographic areas and newer areas of rehabilitation, as per reported by Entrepreneur.com.
“We are grateful to Stakeboat and, in particular, to Chandrasekar Kandasamy, MD of Stakeboat, for providing us with this funding opportunity. Their entrepreneur-friendly approach and growth-oriented ideas perfectly align with our vision for Sukino. We were fortunate to have worked closely with our existing lead investors, Kris Gopalakrishnan and Mohandas Pai, to build Sukino to what it is today, and with Chandrasekar coming on board, we are confident that we will be able to rapidly expand both our geographic reach and the scope of our offerings,” said Rajinish Menon, CEO, Sukino Healthcare.
Sukino provides patients and their families with a range of options for dealing with long-term health management. They offer every service, including diagnosis understanding, home nursing, scheduling doctor appointments and necessary medical interventions, counselling, logistical support, and ancillary services.
“We are delighted to partner with Sukino Healthcare Limited as their investors. Our investment in Sukino will help the company capture a share of the rapidly growing Indian rehabilitation industry. It also reaffirms our commitment to recognizing and supporting small and medium entrepreneurs,” said Chandrasekar Kandasamy, managing partner of Stakeboat Capital.
About Sukino Healthcare Solutions
Sukino is inspired by the mantra ‘Om Loka Samastah Sukino Bhavantu’, which seeks happiness, peace, and freedom from suffering for all.
At their critical care facilities, they offer multidisciplinary out-of-hospital care to acute, post-acute, and chronically ill patients.