Sukino Secures $31M Funding to Expand Out-of-Hospital Care Network

• Sukino, an out-of-hospital healthcare chain, raised $31 million in Series B funding led by Bessemer Venture Partners, with participation from Nitin Kamath's Rainmatter.
• The funds will be used to expand Sukino's physical network of rehabilitation centres, prioritizing South India for initial growth.
• Sukino plans to add 7-8 fully operational centres in the next year and 22 centres over the next two years, with properties already signed in Hyderabad, Trivandrum, Calicut, Chennai, and Bengaluru.
• The company, founded in 2016, operates 11 centres across Bengaluru, Kochi, and Coimbatore, focusing on post-acute and rehabilitative care, including stroke, neurological, orthopaedic, and oncology rehabilitation.
• Sukino's profitability, consistent patient outcomes, and clustered expansion strategy attracted investors despite a slow healthtech funding market.

Why It Matters: Sukino raised $31M to expand its profitable out-of-hospital rehabilitation network, focusing on South India.