HCAH raises Rs 112 crore from ABC World Asia


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
▴
Health-tech startup HCAH (formerly HealthCare at HOME) raised Rs 112 crore from Singapore-based equity fund ABC World Asia.

Health-tech startup HCAH (formerly HealthCare at HOME) raised Rs 112 crore from Singapore-based equity fund ABC World Asia. HCAH will use the funds to build care services for the elderly. This will include long-term nursing, attendant services and chronic disease management services.

HCAH has impacted the life of 10 lakh patients with around 97% recovery rate during the tough time of the pandemic. The venture has closely worked with the governments of Delhi, Karnataka and Punjab by offering delivery services. The company expressed that the funds will be used to build an out-of-hospital healthcare delivery platform, including physical rehabilitation and recovery along with digital and home rehabilitation.

CEO and co-founder of HCAH, Vivek Srivastava, has said that the funding will be used to expand India's out-of-hospital care segment by building 1,500 beds that will focus on physical rehabilitation and recovery, especially for the elderly.

The venture is backed by the Burman family, Quadria Capital and Founders of Healthcare at Home UK. In 2017 they had raised Rs 2.5 billion from Quadria Capital. HCAH has made 2 acquisitions. In 2016 they acquired Health Impetus Pvt. Ltd. and later SuVitas in 2021. The former company provides financing services to patients and offers patient record management services. The latter hosts a chain of transition care rehabilitation centers that bridge the gap between hospital and home.

Tags : #HCAH #VivekSrivastava #SuVitas #HealthImpetus #ABCWorldAsia #QuadriaCapital #funding #fundingalert #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Why Caregiver Communication Should Be Part of Patient-Centred CareOctober 31, 2026
How Hospitals Can Improve Accessibility for Older AdultsOctober 31, 2026
Predictive Operations: Reducing Hospital Bottlenecks in IndiaOctober 31, 2026
Medical Debt in India: Managing Healthcare CostsOctober 31, 2026
October 30, 2026
Wastewater Surveillance: India's Early-Warning System for Disease OutbreaksOctober 30, 2026
Adolescent Healthcare in India: Why Teens Need a Different ModelOctober 30, 2026
Dark Web Health Data: Why Medical Records MatterOctober 27, 2026
Can Conversational AI Improve Patient Follow-Up After Discharge?October 27, 2026
UAE fast-tracking advanced diagnostics as global market heads for US$152 billionOctober 26, 2026
How Digital Check-In Can Support More Accessible Patient JourneysOctober 26, 2026
The Role of Consent Communication in Digital Healthcare ServicesOctober 26, 2026
How Data Analytics Is Transforming Hospital Decision-MakingOctober 26, 2026
Hospital Intelligence: The Next Big Leadership Shift in India October 26, 2026
What Patients Should Expect From a Well-Designed Health Checkup ProgrammeOctober 23, 2026
Building Stronger Community-Based Screening ProgrammesOctober 23, 2026
Gulf Medical University Ranks 1st for International Student Ratio in QS Arab Region Rankings 2027October 22, 2026
Arthritis Is Not Just an Elderly Person's Disease: Why Younger Adults Are Also Developing Joint ProblemsOctober 22, 2026
Krishna Automotive strengthens its operations in Hyderabad. Enhances customer offering with BMW Service Workshop and BMW Premium Selection.October 22, 2026
CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 set for season opener in CoimbatoreOctober 22, 2026