Age Care Labs raises ₹85 crore in Series B1 round; Shrem Group joins as a strategic investor, partners to launch premium senior living platform

Mumbai, July 02, 2026: Age Care Labs, India’s most comprehensive elder care platform operating through its brands Emoha and Epoch Elder Care, has raised ₹85 crore (USD 9 million) in its Series B1 funding round. The Series B1 is part of a larger Series B round of INR 250 crore (USD 30 million), expected to be launched in the first quarter of 2027. The round saw participation from Rainmatter (Zerodha), Pegasus Finvest and several other prominent family offices, alongside Shrem Group.
The fresh capital will be used to strengthen Age Care Labs’ integrated elder care platform, expand its service offering, invest in technology, strengthen healthcare capabilities and accelerate its next phase of growth across India.
Alongside its strategic investment, Shrem will also partner with Emoha to establish Shremoha, a premium senior independent living platform designed for India’s rapidly growing senior population.
The partnership brings together Shrem Group’s expertise across real estate, hospitality, infrastructure and long-term capital with Emoha’s operational experience and geriatric depth in elder care. Together, the two organisations aim to build integrated senior living communities that combine independent living, wellness, hospitality and access to professional care under one platform.
India’s senior population is growing rapidly, accompanied by rising life expectancy, changing family structures and increasing demand for professionally managed senior living communities. As aspirations among older Indians evolve, there is growing demand for environments that offer independence, safety, community engagement and access to healthcare without compromising quality of life.
Shremoha has been created to address this emerging opportunity. The platform will develop premium senior independent living communities designed around the needs of modern seniors, combining thoughtfully designed residences with hospitality-led services, preventive healthcare, wellness programmes, emergency response, community engagement and coordinated care.
Saumyajit Roy, Co-founder and CEO, Emoha, said, “At Emoha, our mission has always been to help seniors age with dignity, independence, and joy. Through Emoha and Epoch, we have built experience across the senior care continuum, from care at home to assisted living and specialised care. Shremoha allows us to bring that capability into senior independent living, together with a partner that understands real estate, hospitality, and long-term platform creation. Our ambition is to build communities where seniors are not just cared for but are active, connected, and fully alive.”
Nitan Chhatwal, Founder and Managing Director, Shrem Group, said, “India is at the beginning of a major shift in how seniors live. The next generation of seniors is independent, aspirational, and focused on quality of life. They do not want to withdraw from life. They want to live better, with community, comfort, safety, and access to care when needed. Shremoha is being built for this shift. By bringing together Shrem’s real estate, hospitality, infrastructure, and long-term capital capabilities with Emoha’s senior care expertise, we believe we can create a category-defining senior independent living platform for India.”
The strategic investment by Shrem also strengthens Age Care Labs’ broader senior care platform and deepens alignment between Age Care Labs and Shrem’s hospitality and real estate initiatives. Together, the two groups aim to build an integrated platform that sits at the intersection of senior living, care, hospitality, and real estate.
Cap Connect acted as the exclusive financial advisor on the Series B1 round and the strategic partnership.

 

Corporate Comm India (CCI Newswire)

 

The Property Times News Bureau

Recent Posts

Khazi Altaf Hussain’s “A Life in Many Frames” Honoured with TRI Literary Awards – Season 5 Nomination

Hyderabad / New Delhi, July 07, 2026: In a moment of immense pride and literary…

1 hour ago

Beyond Squarefeet Strengthens Leasing Leadership with CA Himesh Vasani’s Appointment Mumbai, July 03, 2026: Beyond Squarefeet, one of India’s leading shopping mall advisory & Management firm, today announced the appointment of CA Himesh Vasani as Assistant Vice President – Leasing, reinforcing its commitment to strengthening its leadership team as it continues to expand its Mall advisory and leasing portfolio across the country. A qualified Chartered Accountant, Himesh brings over 28 years of professional experience, including an illustrious 19-year tenure with Reliance Retail, where he played a pivotal role in one of India’s largest retail expansion journeys. During his tenure, he contributed to scaling the retail network to more than 18,000 stores across multiple formats while leading key real estate acquisition, commercial, and process optimisation initiatives. Himesh is recognised for combining commercial insight with strategic execution across complex real estate projects. Throughout his career, he has led large-scale acquisition initiatives, negotiated high-value commercial transactions, and worked closely with developers, retailers, and cross-functional teams to support the expansion of retail infrastructure across India. His expertise in commercial strategy, stakeholder management, and operational excellence has consistently enabled the successful execution of complex real estate and expansion projects. In his new role at Beyond Squarefeet, Himesh will add to the leasing strategies across the company’s growing portfolio, working closely with retailers & developers to accelerate expansion goals and create long-term value for clients. His expertise in commercial negotiations, market assessment, financial evaluation, due diligence, and relationship management will further enhance Beyond Squarefeet’s ability to deliver strategic, value-driven leasing solutions. Commenting on the appointment, Susil S. Dungarwal, Chief Mall Mechanic®, Beyond Squarefeet, said: “We are delighted to welcome Himesh to Beyond Squarefeet. His extensive experience in real estate acquisitions, commercial negotiations, and retail expansion makes him a valuable addition to our team. His ability to combine commercial expertise with strategic thinking will be instrumental as we continue to build future-ready Shopping Malls and create long-term value for our developer and retail partners. We are confident that his leadership will further strengthen our leasing capabilities and support the next phase of our growth journey.” Expressing his enthusiasm on joining the Shopping Mall Specialists, CA Himesh Vasani said: “Beyond Squarefeet has built a strong reputation for delivering innovative retail-realestate solutions and creating value for developers and brands alike. I am excited to join the organisation at such an exciting phase of growth and look forward to working with the talented team to deliver impactful leasing solutions, build lasting client relationships, and contribute meaningfully to the company’s long-term vision.” The appointment reflects Beyond Squarefeet’s continued investment in experienced leadership as the company expands its presence across India’s evolving retail real estate landscape. With increasing demand for organised retail, mixed-use developments, and experiential shopping destinations, Beyond Squarefeet remains committed to delivering strategic advisory and leasing solutions that create sustainable value for developers, investors, and retail brands.

New Delhi, July 03, 2026: Beyond Squarefeet, one of India's leading shopping mall advisory &…

6 hours ago

Indian REITs Association Appoints Shirish Godbole as Chairperson

Mumbai, July 02, 2026: The Indian REITs Association (IRA) today announced the  appointment of Mr. Shirish…

1 day ago

SCG Showcases Green Innovations and Low-Carbon Cement at Cemtech Asia 2026, Reinforcing ASEAN Leadership and Commitment to the Net Zero Pathway

Bangkok, June 29, 2026: SCG, ASEAN's leading low-carbon cement manufacturer, co-hosted Cemtech ASIA 2026, a world-class…

4 days ago

AU Real Estate’s Mixed Reality Print Campaign Achieves Record 4.5% Response Rate, Setting New Benchmark for Phygital Real Estate Marketing

'One Scan, Entire Brand Experience' campaign across ET, HT, NBT and Dainik Jagran demonstrates the…

4 days ago

Prateek Grand Begonia Achieves ₹1,200 Crore Sales Milestone; 600 Homes Sold in FY 2025-26

New Delhi, June 25, 2026: Realty player Prateek Group's flagship project, Prateek Grand Begonia in…

1 week ago