Age Care Labs, a leading at-home elder care startup, has secured Rs 85 crore (approximately $9 million) in fresh funding from Zerodha-backed Rainmatter, Pegasus Finvest, the Shrem Group, and several family offices. The investment marks the first phase of the company’s larger Rs 250 crore (around $30 million) fundraising plan, which it intends to complete over the coming months.
Previously, it was exclusively reported in August last year that the Gurugram-based startup was preparing to raise the first tranche of its Series B funding round. Before this latest investment, Age Care Labs had already raised more than $20 million, including an $11 million pre-Series B funding round in 2023 led by Rainmatter Capital and Gruhas.
The company will utilize the newly raised capital to strengthen its operational capabilities, expand its elder care services, invest in advanced technology, and accelerate its next phase of growth across India. Furthermore, the funding will help the startup scale its integrated healthcare offerings and improve access to quality senior care in multiple cities.
Co-founded by Saumyajit Roy and Neha Sinha, Age Care Labs operates two specialized elder care brands—Emoha and Epoch Elder Care. While Emoha delivers app-based and at-home elder care services, Epoch Elder Care manages assisted living and dementia care homes for senior citizens.
Additionally, Epoch Elder Care follows an asset-light business model by leasing properties and collaborating with operating partners instead of owning physical assets. The company also continues to expand through franchise partnerships, institutional collaborations, and strategic acquisitions. As a result, both brands currently provide services to more than 60,000 senior citizens across 120 cities in India.
Meanwhile, Emoha offers a comprehensive range of elder care solutions, including 24×7 emergency response, remote health monitoring, telemedicine consultations, wellness programs, and personalized care support for elderly individuals living independently at home.
Moreover, the company believes its asset-light expansion strategy enables faster growth across Tier I and Tier II cities while addressing the increasing demand for reliable elder care services. By combining technology with healthcare and assisted living solutions, Age Care Labs aims to bridge the long-standing gaps in India’s fragmented at-home and clinical elder care ecosystem.
India’s elderly population continues to grow rapidly, creating significant demand for integrated healthcare, assisted living, dementia care, and home-based medical support. Consequently, Age Care Labs remains focused on building a scalable elder care platform that improves accessibility, affordability, and quality of life for senior citizens nationwide.
The latest funding further strengthens the company’s position in India’s rapidly evolving healthtech and elder care sector. As Age Care Labs expands its footprint through technology, partnerships, and innovative care models, it is well-positioned to meet the growing needs of the country’s ageing population while setting new benchmarks in comprehensive senior care services.
The Rs 85 crore investment represents another significant milestone for Age Care Labs as it continues to transform India’s elder care landscape. With strong backing from prominent investors and a clear expansion strategy, the startup aims to enhance technology-driven senior care services, broaden its nationwide presence, and deliver comprehensive healthcare solutions to thousands of elderly individuals across India.
