As India’s population ages, the demand for effective elderly care solutions has never been more pressing. In response, a wave of innovative startups has emerged, dedicated to revolutionizing the way we care for our seniors. These ventures are not only reshaping the prospect of eldercare but also redefining the very concept of aging. At the heart of this transformation lies technology, playing a pivotal role in making home care for the elderly more accessible, efficient, and personalized than ever before.
Technological advancements have paved the way for a plethora of solutions that simplify and enhance elderly care at home. From telemedicine platforms connecting seniors with healthcare professionals to smart home devices monitoring vital signs and ensuring safety, technology has become an indispensable ally in caring for our aging population. These tools not only empower seniors to age in place with dignity and independence but also provide peace of mind to their families and caregivers with personalized home care benefits
In this article, we will explore India’s top 10 startups that are leading the charge in redefining elderly care through innovative technologies. From healthcare and companionship to advocacy and insurance, these startups are reshaping the landscape of elderly care, promising a future where seniors can age gracefully and comfortably in their own homes.
Khyaal
Founders: Hemanshu Jain ( Co-Founder & CEO ), Pritish Nelleri ( Co-Founder & COO)Founded Year: 2020
Location: Mumbai, India
Company Stage: Series A
Total Funding: $9.6M
Latest Funding Round: $4.2, Feb 06, 2024
Business Model: B2C in the HealthTech
Khyaal, a pioneering startup, redefines senior care through technology, catering exclusively to individuals aged 55 and above. Khyaal stands as India’s top choice for senior citizens, offering a comprehensive app-based platform for their post-retirement year. Their online platform facilitates connections with peers and access to diverse resources, from medical to legal expertise. Khyaal ensures mental stimulation and companionship.
Through its community, seniors can engage in free activities like online games, expert sessions, and services tailored to their needs, giving them a fulfilling aging journey.
2. Goodfellows:
Founder: Shantanu Naidu
Founded Year: 2021
Location: Mumbai, India
Company Stage: Seed
Total Funding: $12.6k
Latest Funding Round: Undisclosed
Business Model: B2C in the HealthTech
Goodfellows offers a companionship platform catering to senior citizens, connecting them with compassionate companions who offer company, assistance with daily errands, guidance on technological advancements, and organizing engaging events tailored for the elderly. Their compassionate team fosters intergenerational friendships and support for elders. believe to be committed to spreading love and companionship with full hearts and unwavering dedication.
3. Anvayaa:
Founders: Prashanth Reddy, Founder & Director
Founded Year: 2016
Location: Hyderabad, India
Company Stage: Seed
Total Funding: $228K
Latest Funding Round: $228K, Mar 27, 2019
Annual Revenue: $1.04M as of Mar 31, 2023
Business Model: B2C in the HealthTech
Anvayaa aims to recreate the warmth of home for your parents, offering comprehensive care solutions to bridge the distance and ensure their well-being. Anvayaa offers comprehensive care solutions for elders at home, covering healthcare, daily assistance, leisure activities, financial management, and emergency support. Available on Android and iOS since September 2017, both elders and their families can easily access and order services through the app and get the convenience of Home care.
4. Emoha:
Founders: Saumyajit Roy (Co-Founder & CEO) & Rohit Bhayana (Co-Founder & Managing Partner)
Founded Year: 2017
Location: Gurgaon, India
Company Stage: Series A
Total Funding: $5.49M
Latest Funding Round: $3.07M, Series A, Mar 15, 2022
Annual Revenue: $2.58M as of Mar 31, 2023
Business Model: B2C space in the HealthTech, Healthcare
Emoha offers application-based elderly caregiver services, connecting users with caregivers for remote assistance. Their app includes features like health monitoring, safety features, and home care services, available on iOS and Android platforms.
Believe in Where Dreams meet expertise, they celebrate seniors by providing loving care, support, and companionship, ensuring they enjoy life’s possibilities.
5. Vesta Elder Care:
Founder: Rahul Misra
Founded Year 2016
Location: New Delhi, India
Company Stage: Unfunded
Annual Revenue: $422K as of Mar 31, 2023
Business Model: HealthTech
Vesta Elder Care utilizes advanced technology for in-home elderly care, enabling remote consultations, vital sign monitoring, and real-time updates. With a focus on training, strict codes of conduct, and tailored solutions, They ensure personalized care for your elderly, and the platform connects clients with top-tier partners, guaranteeing holistic and high-quality services.
6. Happy60plus:
Founders: Sunita Dube, (Co-Founder & CEO) & Vinay Mishra, (Co-Founder & CTO)
Founded Year 2019
Location: Bengaluru, India
Company Stage: Funding Raised
Annual Revenue: $15.7K as of Mar 31, 2022
Business Model: B2C space in the HealthTech
At Happy60plus, They Offer home healthcare and wellness solutions for seniors. The company delivers companionship and a range of services including day-to-day assistance, technology enablement, car-assisted buddy services, home healthcare, emotional wellness support, and several other services for the elderly trouble-free journey.
7. Aapkilathi:
Founders: Binay Jha, (Co-Founder) & Bipin Jha (Co-Founder)
Founded Year: 2020
Location: Mumbai, India
Company Stage: Unfunded
Annual Revenue: $4.72K as of Mar 31, 2023
Business Model: B2C space in the Gig Economy, HealthTech market
An online healthcare and booking app designed for seniors, offering access to care services, pharmacies, doctors, and diagnostics. With features like physical fitness teleconsultation, emergency assistance, and wellness engagement, the app ensures comprehensive care and convenience for elderly individuals and senior citizens.
8. ElderAid :
Founders: Vandana Nadig Nair,(Founder & Director) & Santosh Abraham, (Co-Founder)
Founded Year: 2015
Location: Bengaluru, India
Company Stage: Seed
Total Funding: Undisclosed
Annual Revenue: $240K as of Mar 31, 2022
Business Model: B2C space in the Healthcare
ElderAid offers emergency and wellness assistance for seniors, organized into four categories: Emergency, Comfort, Get Well, and Premium. Services include nursing assistance, medical check-up accompaniment, bill payments, housekeeping, travel companionship, hobby classes, shopping, telephone & Skype consultations, and outings for senior citizens.
9. Tribeca care:
Founders: Tommy Dutta(Co-Founder & CEO), Elina Dasgupta Dutta (Co-Founder & CSO), Prateep S(Co-Founder & Managing Director) & Shibaji Saha (Co-Founder)
Founded Year: 2013
Location: Kolkata, India
Company Stage: Seed
Total Funding: $788K
Latest Funding Round: $295K, Angel, Nov 16, 2017
Annual Revenue: $992K as of Mar 31, 2021
Business Model: B2C space in the HealthTech
Provides home healthcare services for elders, featuring an online platform to discover doctors, hospitals, labs, and treatment plans. With top-notch professionals and trusted partnerships, they offer specialized home healthcare for various ailments, available through membership plans or pay-as-you-go options. This comprehensive approach ensures accessible and tailored care for elderly individuals seeking quality healthcare services at home.
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10 . Alserv:
Founders: Jagadish Ramamoorthy (Co-Founder & Director), Saravanan Adiseshan (Co-Founder & Director) & Atul Jagadish (Co-Founder)
Founded Year 2019
Location: Chennai, India
Company Stage: Unfunded
Annual Revenue: $109K as of Mar 31, 2022
Business Model: B2C space in the Gig Economy, HealthTech
Alserv is an online platform offering elderly caregiving services, accessible via their app for iOS & Android devices. Users can easily book services and make online payments through the app, streamlining the process of discovering and accessing quality care for seniors.
India’s age tech startups are reshaping elderly care through innovative technologies and compassionate In-home services. With a focus on leveraging technology, fostering intergenerational friendships, and providing comprehensive care solutions, these startups promise a future where seniors can age gracefully and comfortably at home.
Article written by Priya Kumari, Lead Journalist at Indian Startup Times
