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Lightrock India, an impact investing platform, said it has invested $15 million and acquired a significant stake in Sukun Healthcare, a Gurgaon-based psychiatric unit.
Founded in February 2020, Sukun employs a multi-disciplinary team of psychiatrists, clinical psychologists, counselors and vocational therapists to provide personalized and holistic care to each patient, it said in a statement.
Last year, it treated more than 11,000 patients suffering from various conditions across inpatient and outpatient services.
Following the transaction, Salim Asaria, partner at Lightrock India, will assume the role of executive chairman and Sukun founders Vidit Bahri and Kanishk Gupta will assume senior leadership roles.
“As India is becoming a large economy on the strength of its human capital, we believe that behavioral health is an important and key sector towards building a large and healthy society.”
“Sukun, with its existing ecosystem, capital and expert expertise, both national and global, can help build one of the world’s leading mental health systems. This investment is the first step in realizing our vision to build India’s first and largest therapeutic behavioral health platform,” Mr. Azaria said.
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