Pune-based Jagruti Rehabilitation Centre, which runs residential centres for mental health, dependancy and dementia care, has raised Rs 28 crore in a Collection A funding spherical led by Alkemi Progress Capital, a Delhi-based venture capital fund that invests in healthcare and shopper wellness.

The spherical is Jagruti’s first institutional funding.

Jagruti plans to make use of the capital to enter new geographies, add medical and workers capability, construct specialised care programmes and deepen its partnerships with insurers and corporates.

It goals to develop to greater than 40 centres and over 4,000 beds throughout Tier 1 and Tier 2 cities over the subsequent three to 4 years.

From a 10-bed centre to 19 centres

Established in Pune in 2008 by psychiatrist Amar Shinde and Vijaya Shinde, Jagruti began as a 10-bed centre. Hemant Shinde joined the organisation as co-founder and CEO in 2019, main its transition right into a professionally managed community.

Jagruti had two centres in 2019 and now operates greater than 19 centres throughout 9 cities, together with Pune, Mumbai, Delhi NCR, Ahmedabad, Bengaluru and Chennai. It has over 1,600 beds and greater than 40 docs.

The organisation stated it has supported greater than 82,000 people by programmes for psychological well being circumstances, dependancy and substance use issues, and neurological care.

Its acknowledged goal would take the community to roughly 2.5 instances its present mattress rely. The present community works out to about 84 beds per centre, whereas the goal implies about 100 beds per centre on common.

Amar Shinde, who serves as founder and director, did his postgraduate coaching in psychiatry at BJ Medical School in Pune and later labored as a senior psychiatrist on the Regional Psychological Hospital in Yerawada.

Jagruti provides remedy for alcohol and drug dependancy, psychiatric take care of circumstances corresponding to schizophrenia, bipolar dysfunction, melancholy and OCD, in addition to dementia and elder care companies.

“This primary institutional funding is a crucial milestone in Jagruti’s journey. After we began in 2008, our focus was on creating an area the place people and households may entry structured, compassionate, and clinically guided care,” Amar Shinde stated.

“This funding permits us to construct on that basis and make high quality rehabilitation and psychological healthcare accessible to many extra people and households throughout India,” he added.

Why Alkemi backed it

The deal is Alkemi’s first investment in psychological well being and rehabilitation inside healthcare supply.

“Psychological well being is likely one of the largest and least institutionalised gaps in Indian healthcare. Jagruti has constructed a trusted model in psychological well being, rehabilitation and elder care by delivering psychiatrist-led care to a constant medical commonplace, at costs middle-income households can afford,” stated Alka Goel, founder and managing accomplice of Alkemi Progress Capital.

“Earlier than taking any exterior capital, Jagruti had already replicated that mannequin throughout 9 cities with knowledgeable administration workforce behind it. That’s the hardest a part of constructing a healthcare companies platform,” Goel stated.

She added that the fund believes Jagruti “can grow to be the main healthcare supply single speciality chain in India’s psychological well being, rehab, and elder care section.”

The funding comes as demand rises for structured, clinically led rehabilitation and psychological healthcare. The sector stays fragmented, with most care delivered by standalone clinics and small impartial institutions.

In line with the Nationwide Psychological Well being Survey 2015-16, between 70% and 92% of individuals dwelling with psychological sickness in India obtain no formal remedy, as summarised in a 2025 policy paper on India’s mental health treatment gap.

The identical paper cites World Well being Group estimates of about 0.75 psychiatrists per 100,000 folks in India, under the advisable minimal of 1 per 100,000.