Jagruti Rehabilitation Centre raises Rs 28 Cr Series A funding from Alkemi
Jagruti Rehabilitation Centre, which provides mental health, addiction and dementia care services, has raised Rs 28 crore in a Series A funding round led by Alkemi Growth Capital.
According to a company press release, the funds will be used to expand into new geographies, increase clinical and staffing capacity, introduce specialised care programmes, and strengthen partnerships with insurance providers and corporates.
The investment comes against the backdrop of rising demand for organised mental health and rehabilitation services in India. However, the sector continues to be fragmented, with services largely provided by standalone clinics and smaller independent facilities.
Founded by Amar Shinde, Vijaya Shinde and Hemant Shinde, Jagruti Rehabilitation Centre offers residential treatment and care for mental health conditions, addiction and dementia. The Pune-based organisation operates more than 19 centres across nine cities, with a capacity of over 1,600 beds and a team comprising more than 40 doctors.
Over the next three to four years, Jagruti aims to expand its network to more than 40 centres and over 4,000 beds across Tier I and Tier II cities. The organisation claims to have treated upwards of 82,000 individuals.
Its facilities are currently located in cities such as Pune, Mumbai, Delhi NCR, Ahmedabad, Bengaluru and Chennai. Its care programmes cover mental health conditions, addiction and substance use disorders, as well as neurological care.
The investment also strengthens Alkemi Growth Capital’s presence in healthcare delivery and related segments. Its portfolio includes diagnostics company Redcliffe Labs, medical devices firm Medvital, in-vitro diagnostics (IVD) company Datar Cancer Genetics, emergency medical response provider Medulance, autonomous mobility robot company Alphadroid, and Leumas, which focuses on physical AI for pharmaceutical manufacturing.
Jagruti marks Alkemi’s first investment in the mental health and rehabilitation segment of healthcare delivery.
