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Age Care Labs Raises ₹85 Cr to Expand Eldercare Services and Launch Senior Living Communities

Inc42· July 2, 2026

Age Care Labs has secured ₹85 Cr in a new funding round to accelerate the expansion of its eldercare brands, Emoha and Epoch Elder Care, across the Indian market. The investment, led by Shrem Group and Rainmatter by Zerodha, will be utilized to enhance the company’s technology platform and healthcare capabilities while launching a new premium independent living vertical. This move addresses the urgent need for organized senior care in India, where the elderly population is projected to reach 347 million by 2050.

Age Care Labs, established in 2019 by Lumis Partners under the leadership of Saumyajit Roy, raised ₹85 Cr from investors including Shrem Group, Rainmatter by Zerodha, Pegasus Finvest, and various family offices. The company currently manages two distinct brands: Emoha, which provides 24/7 at-home care, health monitoring, and emergency support, and Epoch Elder Care, an asset-light provider of assisted living and dementia care acquired in 2021. This latest infusion of capital brings the startup’s total funding to over $20 million, following previous investments from Lumis Partners, Gruhas, and KOIS Invest.

A key strategic outcome of this funding is the partnership with Shrem Group to launch Shremoha, a premium independent living platform for seniors. This new venture will leverage Shrem Group’s infrastructure and hospitality expertise alongside Emoha’s eldercare experience to develop hospitality-led communities. These residences are designed to integrate independent living with essential services such as preventive healthcare, wellness programs, emergency response, and community engagement, targeting the growing segment of seniors seeking organized, high-quality living environments.

The investment reflects a broader trend of rising interest in India’s eldercare sector, which is currently valued at $4.47 billion and projected to reach $14.14 billion by 2031. According to the United Nations Population Fund’s India Ageing Report 2023, the country’s population aged 60 and above is expected to exceed the number of children aged 0-15 by 2046. Age Care Labs competes in this expanding market against several other startups, including KITES Senior Care, 60Plus India, Alserv, GenWise, and the Ratan Tata-backed Goodfellows, as shifting family structures and increased life expectancy drive demand for professional care services.

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