The Age Care Labs funding round of ₹85 crore (~$9 million) marks a significant milestone for India’s integrated elder care sector, as publicly reported on 2026-07-02. Age Care Labs — the Gurugram-based parent company operating through its brands Emoha and Epoch Elder Care — closed a Series B1 round led by strategic investor Shrem Group, with co-participation from Rainmatter (the investment arm of Zerodha), Pegasus Finvest, and several prominent family offices. Alongside the capital raise, Shrem Group and Age Care Labs have formally partnered to establish Shremoha, a premium senior independent living platform designed for India’s rapidly growing elderly population.
Quick Highlights
- Co-founder & CEO: Saumyajit Roy
- Lead Investor: Shrem Group (strategic investor)
- Participating Investors: Rainmatter (Zerodha), Pegasus Finvest, and several prominent family offices
- Investor Background: Age Care Labs has previously attracted backing from Lumis Partners, Gruhas, KOIS Invest, and Rainmatter
- Headquarters: Gurugram, Haryana, India
- Announcement Date: 2 July 2026
Funding Breakdown
Use of Funds
As publicly reported, Age Care Labs will deploy the fresh capital to strengthen its integrated elder care platform, expand its service portfolio, invest in technology, enhance healthcare capabilities, and accelerate its next phase of growth across India. A portion of the capital is also directed toward the establishment of Shremoha — the newly launched premium senior independent living venture — which will develop hospitality-led communities combining independent residences, preventive healthcare, wellness programmes, emergency response systems, community engagement, and coordinated care.
Funding Timeline
This Series B1 tranche of ₹85 crore forms part of a larger planned Series B fundraise of ₹250 crore (~$30 million), which is expected to be launched in the first quarter of 2027. Cap Connect acted as the exclusive financial advisor on both the Series B1 round and the strategic partnership with Shrem Group.
Expansion Plans
Through the newly formed Shremoha joint venture, Age Care Labs and Shrem Group aim to build integrated senior living communities that sit at the intersection of senior living, care, hospitality, and real estate. Shremoha will develop premium senior independent living communities featuring thoughtfully designed residences, hospitality-led services, preventive healthcare, and coordinated care — targeting India’s modern, aspirational senior population. On the broader platform side, Age Care Labs plans to accelerate geographic expansion across India while continuing to scale both its home-care brand Emoha and its assisted living brand Epoch Elder Care.
Significance
This Age Care Labs funding round is notable not just for its size but for the structural shift it signals: a healthtech elder care operator moving into physical senior living infrastructure through a real estate and hospitality partner. India’s senior living market is currently estimated at $4.47 billion and is projected to grow to $14.14 billion by 2031, while India’s population aged 60 and above is expected to rise to approximately 231 million by 2036 — a demographic wave that organised players are only beginning to address. The entry of Rainmatter, Zerodha’s investment arm known for backing mission-driven healthcare ventures, further validates the commercial and social case for professionalising elder care in India. By bridging home-based care, assisted living, and now premium independent living under one umbrella, Age Care Labs is positioning itself as a full-spectrum platform in a market that remains, as publicly reported, significantly underpenetrated relative to developed economies.
These details have been verified against multiple publicly available reports as of 2026-07-02.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
