Sukino Healthcare Solutions, a pioneer in India’s rehabilitation and palliative care sector, is in advanced funding discussions to raise ₹200–250 crore from prominent venture capital investors. The funding will be channelled toward expanding its nationwide network of care centres, enhancing digital rehabilitation solutions, and meeting the surging demand in India’s $17 billion post-hospital care market.
Sukino Healthcare Solutions, headquartered in Bengaluru, Karnataka, is a leading integrated post-hospital care provider in India, specializing in rehabilitation, palliative care, and chronic condition management. Established in 2015 by entrepreneurs Shalini Menon and Rajinish Menon, the company operates on a continuum-of-care model—offering patients seamless recovery support across clinical, therapeutic, and home-based environments.
Its service portfolio covers a wide range of recovery and care needs, including neurorehabilitation, oncology care, cardiac and orthopedic recovery programs, hydrotherapy, respiratory rehabilitation, wound management, pain management, and end-of-life palliative services. Sukino’s approach blends specialized medical teams, technology-driven monitoring, and customized therapy programs to improve patient outcomes after hospital discharge.
The company is now in advanced negotiations to secure between ₹200–250 crore from Bessemer Venture Partners and Jungle Ventures, with Veda Corporate Advisors managing the fundraising process. The investment, currently under due diligence, will help Sukino accelerate its expansion across metro and tier-2 cities, strengthen operational infrastructure, and scale technology-enabled rehabilitation services.
This follows Sukino’s ₹50 crore Series A round in March 2023, backed by Stakeboat Capital, which funded the opening of new centres, the hiring of clinical talent, and the deployment of advanced rehabilitation equipment.
Financially, Sukino has demonstrated consistent growth. FY24 revenue stood at ₹46 crore, up from ₹38.8 crore in FY23, with losses reduced to ₹9.5 crore from ₹15.6 crore. FY25 revenue has almost doubled to ₹80 crore, with a projected rise to ₹125 crore in FY26. Currently, Sukino operates nine rehabilitation centres in Bengaluru, Kochi, and Coimbatore, with two new facilities scheduled to open within the next year. All existing centres are EBITDA-positive, and management targets double-digit EBITDA margins for older centres by FY26.
The Indian rehabilitation and palliative care market is expanding rapidly, driven by an aging population, increased incidence of lifestyle diseases, and rising awareness of specialized recovery solutions. Industry estimates project a 15.5% CAGR, with market size expected to grow from $17.1 billion in 2023 to $35 billion by 2028. Sukino’s expansion strategy aims to address a critical gap in this high-demand segment by integrating clinical excellence with patient-centric innovation.
With the proposed capital infusion, Sukino plans to triple its patient capacity, expand its workforce of physiotherapists, occupational therapists, and nurses, and launch digital rehabilitation modules for remote therapy sessions. The company also intends to enhance oncology rehabilitation programs, enabling cancer patients to receive specialized therapy closer to home.
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