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Funding · Healthcare & Life Sciences

Age Care Labs raises ₹85 crore in Series B1

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Date
Company
Age Care Labs
What it does
Senior care services provider
Kind
Funding
Amount
₹85 Cr
Stage
Series B1
Founded
2019
Sector
Healthcare & Life Sciences

What they do

Age Care Labs operates two brands: Emoha for at-home senior care and Epoch Elder Care for assisted living

What happened

It raised ₹85 crore ($9 million) in Series B1 funding from Shrem Group, Rainmatter by Zerodha, Pegasus Finvest and family offices

Why it matters

The company plans to expand nationwide and strengthen its technology and healthcare capabilities for seniors

The details

  • Age Care Labs raised ₹85 crore ($9 million) in Series B1 funding.
  • This is part of a larger Series B round of ₹250 crore ($30 million) expected to close in Q1 2027.
  • Investors in this round include Shrem Group, Rainmatter by Zerodha, Pegasus Finvest and several family offices.
  • The funds will be used to expand eldercare services, strengthen the technology platform, enhance healthcare capabilities and expand nationwide.
  • Age Care Labs operates two brands: Emoha for at-home senior care and Epoch Elder Care for assisted living and dementia care.
  • The company entered the assisted living segment in 2021 by acquiring Epoch Elder Care, co-founded by Neha Sinha.
  • Shrem Group has partnered with Emoha to launch Shremoha, a premium senior independent living platform.

The bigger picture

  • India's 60+ population is expected to rise to 347 million by 2050 (UNFPA India Ageing Report 2023).
  • By 2046, the elderly population is projected to exceed those aged 0-15 years.
  • India's senior living market is currently $4.47 billion and expected to grow to $14.14 billion by 2031.
  • This fundraise reflects growing investor interest in India's eldercare sector due to an ageing population and evolving family structures.

About the business

  • Age Care Labs operates two brands: Emoha (at-home senior care) and Epoch Elder Care (assisted living, dementia care).
  • Emoha provides 24/7 emergency support, health monitoring, telemedicine, hospital assistance and wellness programmes.
  • Epoch Elder Care offers assisted living, dementia care, rehabilitation, palliative care and long-term support.
  • Epoch follows an asset-light model: it leases properties, partners with operators, and expands via franchises, institutional collaborations and acquisitions.
  • Shremoha combines independent residences with preventive healthcare, wellness, emergency response, community engagement and coordinated care.
  • Emoha and Epoch together serve over 60,000 seniors across 120 cities.
  • Total raised to date is over $20 million.

What happens next

  • Expand eldercare services nationwide.
  • Strengthen technology platform.
  • Enhance healthcare capabilities.

The deal

Type
Series B1

Investors

  • Shrem Group (participated) — Partnered with Emoha to launch Shremoha, a premium senior independent living platform.
  • Rainmatter by Zerodha (participated) — Earlier investor in Age Care Labs; led pre-Series B round in 2023.
  • Pegasus Finvest (participated)

Founders

  • Saumyajit Roy, Co-founder and CEO of Emoha

About Age Care Labs

Product
At-home geriatric care (Emoha) and assisted living with specialized services (Epoch Elder Care) including 24/7 support, health monitoring, telemedicine, and wellness programmes
Customers
Senior citizens and elderly individuals requiring at-home or residential care services
How it makes money
Subscription-based model for at-home care services and fee-based assisted living facilities
What sets it apart
Integrated dual-brand model with both at-home care (Emoha) and assisted living (Epoch) allowing comprehensive elderly care solutions

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