Sukino, an out-of-hospital healthcare chain, has raised $31 million in a Series B funding round led by Bessemer Venture Partners, with participation from Rainmatter. The funds are intended to support the company’s geographic expansion and growth of its post-acute care services.
India accounts for approximately 10% of global stroke cases annually, a number that continues to rise due to factors such as obesity, sedentary lifestyles, hypertension, stress, and air pollution. Patients recovering from strokes typically require six to eight weeks of multi-modal rehabilitative care, including physical, speech, occupational, and psychological therapy. Sukino addresses this gap by providing structured, affordable post-acute support that helps patients regain health, independence, and quality of life.
Two major trends support Sukino’s growth. The first is the increasing coverage of rehabilitation services by health insurance plans, which now often cover 60 to 90 days of structured recovery, reducing out-of-pocket expenses. The second is growing societal acceptance of institutional recovery, with patients and families recognizing the benefits of specialized facilities over home-based care for post-illness rehabilitation.
Founded in 2016 by Rajinish and Shalini Menon, Sukino operates over 850 beds across eleven centers in Bangalore, Kochi, and Coimbatore, strategically located between major hospitals and residential areas. While the centers primarily cater to stroke patients, they also provide rehabilitation for neurological, orthopedic, and oncology conditions.
Over the past year, Sukino has added five centers, achieving 64% year-on-year growth. The company plans to open 22 more centers over the next two years, expanding its network and capacity to deliver post-acute care.
The Series B funding positions Sukino to scale its operations and continue bridging the gap between hospital discharge and full patient recovery, leveraging both protocol-driven care and a focus on structured, compassionate rehabilitation.
Also Read