Ageing is inevitable, but access to quality healthcare shouldn’t be a privilege. With India’s elderly population projected to reach over 194 million by 2031, the demand for specialized senior care is at an all-time high. In this evolving landscape, Geri Care Health Services has emerged as a pioneer in geriatric healthcare, offering a 360-degree care model that caters exclusively to the needs of senior citizens.

In a significant move towards expanding its footprint in eldercare, Geri Care recently secured a ₹110 crore investment from InvAscent’s India Life Sciences Fund IV (ILSF IV). This marks its first institutional funding round, a major milestone to fuel its growth and extend its services across key cities in South India.

Founded in 2018 by Dr. Lakshmipathy Ramesh, a leading geriatrician with decades of experience, Geri Care has established itself as a trusted name in eldercare. Unlike conventional hospitals, it focuses entirely on the unique healthcare needs of senior citizens through a network of multi-speciality hospitals, assisted living centres, home care services, and senior-focused clinics.

With over 50 years of combined geriatric expertise, Geri Care has transformed the way eldercare is delivered. From assisted living facilities to multi-speciality hospitals catering solely to seniors, the company ensures that ageing individuals receive personalized, compassionate, and comprehensive healthcare services.

With ₹110 crore in fresh capital, Geri Care is expanding its reach beyond Chennai, with a strong focus on Bengaluru, Hyderabad, Kochi, and Coimbatore. These funds will be directed towards:

1.    Launching New Assisted Living Facilities – Geri Care is set to open state-of-the-art assisted living centres in Bengaluru (Ulsoor) and Chennai (Velachery), offering seniors a safe and comfortable living environment with access to round-the-clock medical care.

2.    Establishing Centers of Excellence in Geriatric Specialties – The company is developing India’s first speciality centres in:

•    Geriatric Oncology – Addressing cancer treatment specifically for the elderly.
•    Geriatric Urology – Managing age-related urinary tract and kidney disorders.
•    Geriatric Cardiology – Specialized heart care for aging patients.
•    Ortho-Geriatrics – Focused on bone and joint health in seniors.

3.    Strengthening Home Care Services – As more families seek at-home medical solutions for elderly relatives, Geri Care is enhancing its home-based healthcare offerings, ensuring seniors receive hospital-quality treatment within the comfort of their homes.

4.    Expanding Senior-Focused Hospitals – Geri Care’s multi-specialty hospitals exclusively for seniors will soon be accessible in more cities, providing geriatric patients with tailored medical treatments designed specifically for age-related health conditions.

With India’s aging population rapidly growing, the burden of chronic illnesses such as diabetes, hypertension, osteoporosis, and dementia is on the rise. Unlike younger patients, seniors require highly specialized care, considering their slower recovery rates, increased vulnerability to infections, and complex medication requirements.

Despite the growing need, geriatric healthcare remains underserved in India. Traditional hospitals often lack senior-friendly infrastructure, trained geriatric specialists, and long-term care plans tailored to the elderly. Geri Care is bridging this gap by offering:

•    Specialized geriatric doctors and healthcare professionals trained in senior care.
•    Multi-disciplinary hospitals equipped with senior-friendly technology and support systems.
•    Assisted living centres that blend healthcare with independent living.
•    Comprehensive home care services for seniors who require medical assistance but prefer to stay at home.

The partnership between Geri Care and InvAscent is not just about financial backing; it’s a strategic collaboration aimed at reshaping geriatric healthcare in India.

InvAscent, through its India Life Sciences Fund IV, is a well-established investor in healthcare and life sciences. By investing in Geri Care, it acknowledges the massive growth potential in senior healthcare services. This investment is expected to enhance Geri Care’s operational efficiency, strengthen its medical infrastructure, and accelerate its growth in newer markets.

Geri Care’s ₹110 crore funding round was facilitated by Veda Corporate Advisors, a leading financial advisory firm known for its expertise in healthcare and life sciences investments. Their role in securing this crucial funding reflects the growing investor interest in eldercare as a high-impact sector.

The funding boost will not only expand Geri Care’s reach but also set new benchmarks in senior healthcare. With a strong focus on innovation, specialized treatments, and compassionate care, Geri Care is leading the way for a future where aging is not seen as a burden but as a stage of life that deserves dignity and quality healthcare.

As India’s geriatric population continues to grow, companies like Geri Care will play an increasingly vital role in ensuring that seniors receive the best possible medical care whether in hospitals, assisted living facilities, or the comfort of their own homes.

With its expansion into multiple cities, the launch of specialized medical centres, and commitment to quality eldercare, Geri Care is not only setting new standards in geriatric medicine but also redefining how India cares for its elderly population.

For families looking for comprehensive, compassionate, and world-class healthcare for their ageing loved ones, Geri Care stands as a ray of hope and excellence in senior-focused healthcare.