10 April 2024 – SIS Limited, a pioneer in security, facility management, and cash logistics, invested Rs 10.16 crore in Age Care Labs, an elder care platform operating as Emoha Elder Care and Epoch Elder Care, acquiring 4% of the platform. This investment would boost SIS’s B2C expansion and portfolio expansion with hospitals and RWAs. The highest number of hospitals in India and over 125 condominiums in NCR and other major areas use SIS for facility management.
SIS Limited’s SIS Ventures invests in early-stage tech-enabled enterprises with synergistic adjacencies to increase consumer and employee value. This is the third programmatic investment after Staqu Technologies and Entitled Solutions.
Emoha, one of the two Age Care Labs enterprises, helps Indian sons and daughters help their parents age at home, a difficult issue that spans emergency, health, and engagement. Epoch Elder Care has asset-light assisted living and dementia care houses.
Conclusion
The platform offers full-service elder care for all ages and health conditions between Emoha and Epoch. A robust leadership team with domain, technology, and operations experience supports the founders. Age Care Labs has received financing from Singularity Ventures, Rainmatter Capital, Gruhas, and many family offices and high-net-worth individuals.
