Age Care Labs has raised ₹85 crore to scale its senior care services and expand its platform, the company announced. The funding round supports the startup’s growth in eldercare offerings and the launch of a new senior independent living venture, Shremoha, in partnership with Shrem Group, according to livemint.com.
The startup operates two brands: Emoha, an app-based at-home care service for seniors, and Epoch, which provides assisted living and specialized eldercare services including dementia care, palliative care, recovery and rehabilitation, and long-term care. The new funding will help Age Care Labs enhance these services and expand its reach in the growing silver economy segment, the report said.
Age Care Labs’ fundraising comes amid rising demand for eldercare solutions as India’s senior population grows. The company’s focus on both in-home and assisted living care positions it to address diverse needs in the sector. The launch of Shremoha marks a strategic expansion into senior independent living, complementing its existing care services and reflecting broader trends in eldercare innovation.
The ₹85 crore funding round and partnership with Shrem Group mark a key milestone for Age Care Labs as it seeks to broaden its footprint in senior care. The company’s next steps include scaling its platform offerings and operational capabilities to meet increasing demand, according to livemint.com.