Sukino, the out-of-hospital healthcare chain, has raised $31 million in its Series B funding round led by Bessemer Venture Partners, with participation from Rainmatter.
The fresh funds raised will be used for geographical expansion.
Founded in 2016 by Rajinish Menon and Shalini Menon, Sukino operates 850+ beds across eleven centers in Bangalore, Kochi, and Coimbatore and is profitable at the group level. Their centers are strategically located between major hospitals and residential hubs.
The company primarily focuses on stroke rehabilitation, while also admitting patients requiring neurological, orthopaedic and oncology-related rehabilitative care.
It bridges the gap between the extended care that is critical for patient recovery and the growing willingness of Indians to access this assistance. It provides structured, affordable post-acute support, which enables patients to lead fuller lives.
Sukino has seen 64% YoY growth for the past year, with 5 centers being added. They plan to expand to 22 more centers in the next 2 years.
Rajinish Menon, founder of Sukino, said, “With this milestone, we are one step closer to reimagining how India heals after serious illness, making world-class rehabilitative care as accessible and accepted as hospital care itself. Our vision is to build an institution where patients and their families can count on structured, compassionate recovery support that restores not just health, but dignity and independence.”
Vishal Gupta, Partner at Bessemer Venture Partners, said, “we’re thrilled to be partnering with Rajinish, Shalini and team. Their focus on protocol-driven, empathy-first support ensures high-quality care to patients at a tough and vulnerable point in their lives. Our belief in Sukino is rooted in our conviction that high-quality healthcare, especially in the single speciality space, will lead to better clinical care and outcomes for Indian consumers.”
Nitin Kamath, CEO of Rainmatter, said, “Most patients in India get medical attention for surgeries in hospitals. But there is a greater need for continued care and support once they get discharged from hospitals especially for critical patients. Sukino is solving a real problem here by bridging the gap between hospital discharge and full recovery. Rajinish, Shalini and the team have been delivering care continuity to patients since 2016 across different cities and diverse set of patients. Building great businesses that also drives meaningful outcomes takes time, which is why we are glad to support Sukino through Rainmatter Health for the next phase of the journey, where they continue to build meaningfully.”
