InvAscent has invested INR 1,100 million in Geri Care Health Services, India's first integrated eldercare provider, to help expand its specialized healthcare offerings across Southern India.

Target Information

Geri Care Health Services, established in 2018 by renowned geriatrician Dr. Lakshmipathy Ramesh, is India's first integrated healthcare provider dedicated to senior citizens. The organization offers a comprehensive 360-degree continuum of care, featuring a network of specialty hospitals, assisted living centers, home care, and clinics. With over 50 years of combined geriatric experience, Geri Care has become a trusted name in eldercare, catering to tens of thousands of elderly individuals in South India, especially in Chennai.

With the recent investment of INR 1,100 million, Geri Care plans to sharpen its focus on expanding services to key cities in Southern India, such as Bengaluru, Hyderabad, Kochi, and Coimbatore. The organization is also preparing to open new assisted living facilities in Ulsoor, Bengaluru, and Velachery, Chennai, enhancing its service capacity to meet the increasing demand for specialized eldercare.

Industry Overview

India's healthcare and life sciences sector is witnessing an unprecedented transformation, driven by an increasing aging population and rising awareness about geriatric healthcare. As life expectancy continues to increase, th