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Athulya Senior Care raises Rs 77 cr from fund managed by Morgan Stanley

Financing one of largest for senior care sector in country, will help firm to expand services

Morgan Stanley
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Morgan Stanley | Photo: Bloomberg

Shine Jacob Chennai
Athulya Senior Care has got Rs 77 crore from a fund managed by Morgan Stanley India Infrastructure, making the deal one of the largest fundraise in the sector.

Athulya will use the money from North Haven India Infrastructure Partners for expansion. The company, which was founded in 2016, offers assisted living, transition care and home healthcare for dependent seniors older than 60. It manages more than 400 assisted living beds at facilities in Chennai and Bengaluru and has cumulatively served over 20,000 seniors.

With the funding, Athulya plans to expand services across South India by having some 2,500 beds and

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