Emoha’s Empowering Journey: Revolutionizing Eldercare in India

Introduction

Founded in 2019 by Saumyajit Roy , Gurugram-based Emoha Elder Care is redefining how India cares for its senior citizens—delivering comprehensive, at-home eldercare with a blend of empathy, tech, and human touch.

What Is Emoha?

Emoha provides holistic eldercare services tailored to individuals aged 55 and above . It offers:

• In-home medical and companion care
• 24/7 emergency response
• Regular health monitoring
• Hospital accompaniment and community engagement programs

Growth & Financials

FY24 Revenue: ₹53.68 crore — a massive 92% YoY jump from ₹27.98 crore in FY23

Losses widened to ₹54.16 crore, due to increased expenses (~77%) — though EBITDA margins improved , from –112% to –96.6%
The Kredible

Total Funding Raised: ₹101.6 million (~$1.2M) in April 2024, plus a Series B (Oct 2023) amounting to $11M — total funding of $12.2M

Key investors include SIS (Security & Intelligence Services India Ltd.), Gruhas , and Rainmatter Capital

Impact in a Booming Silver Economy

India’s elder population is skyrocketing—growing from 149 million in 2022 to a projected 347 million by 2050, and Emoha is paving the way to serve this demographic.

• Silver Economy growth is fueling demand—both from families and corporates
• Emoha’s partnerships are extending into Tier 2/3 cities and large employers, helping balance elder care with workplace responsibilities

What Makes Emoha Special

Comprehensive, multi-tiered care: Health, safety, emotional well-being—all in one offering

Tech-enabled support: Simple platform, volunteer network, wearable SOS devices, and community-building features

Mission-driven mindset: Their #MissionEldersFirst pandemic response delivered essentials to seniors within 48 hours of lockdown