The company will use the funds to expand its services across south India to reach over 2,500 beds in the next two years.
Athulya, a Chennai-based senior care services provider, has raised ₹77 crore ($9.3 million) in funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure. The funds will be used for its upcoming expansion plans.
Founded by Karthik Narayan, Srinivasan G, and J Krishna Kavya in 2016, Athulya offers assisted living, transition care and home healthcare to dependent seniors over the age of 60. The geriatric care firm will soon launch palliative care services.Read more at https://www-thehindubusinessline-com.cdn.ampproject.org/c/s/www.thehindubusinessline.com/companies/athulya-senior-care-raises-77-crore-from-morgan-stanley-india-infrastructure/article66356184.ece/amp/