Athulya funding, investors and company details

Athulya is an emerging Hospitality startup from Chennai, working in the space of Healthcare and assisted living company dedicated to delivering specialized services for the elderly. Founded by Dr. Karthik Narayan, Mr. Srinivasan G, Ms. J Krishna Kavya.

Company: Athulya Assisted Living Private Limited
Sector: Hospitality
Location: Chennai
Founders: Dr. Karthik Narayan, Mr. Srinivasan G, Ms. J Krishna Kavya
Total funding raised: ₹77 Cr

Company overview

Athulya Senior Care is a healthcare and assisted living company dedicated to delivering specialized services for the elderly. It has established itself as a leading participant in India’s senior care ecosystem by combining medical support, hospitality, and personalized care. The company operates premium assisted living facilities across South India, designed to offer seniors a safe, comfortable, and dignified living environment. Its model promotes independence while ensuring 24/7 access to medical assistance and emergency support. Beyond assisted living, Athulya provides transition care, palliative care, and home healthcare services to address the varied needs of the elderly. By blending healthcare expertise with hospitality standards, the company bridges the gap between hospital discharge and home recovery, ensuring continuity of care. Athulya is regarded as a pioneer in India’s organized eldercare segment. Its centers feature modern infrastructure, trained caregivers, and digital health monitoring systems to enhance residents’ quality of life. With multiple facilities in Chennai and Bengaluru, the company is steadily expanding its footprint and plans to scale operations across India to meet the growing demand for structured eldercare. It has also formed partnerships with hospitals and healthcare providers to strengthen its integrated care model. Guided by its mission of “Ageing with Dignity,” Athulya focuses on the holistic well-being—physical, emotional, and social—of senior citizens. As India’s elderly population continues to rise, Athulya is well positioned to serve as a trusted brand in the eldercare and healthcare services space.

Funding rounds

Latest round: ₹77.00 Cr. ($ 9.42 Mn), 2023-01-09. Investors: Morgan Stanley India Infrastructure