Pune-based Jagruti Rehabilitation Centre, which runs residential centres for mental health, addiction and dementia care, has raised Rs 28 crore in a Series A funding round led by Alkemi Growth Capital, a Delhi-based venture capital fund that invests in healthcare and consumer wellness.

Jagruti plans to use the capital to enter new geographies, add clinical and staff capacity, build specialised care programmes and deepen its partnerships with insurers and corporates.

It aims to grow to more than 40 centres and over 4,000 beds across Tier 1 and Tier 2 cities over the next three to four years.

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

Jagruti had two centres in 2019 and now operates more than 19 centres across nine cities, including Pune, Mumbai, Delhi NCR, Ahmedabad, Bengaluru and Chennai. It has over 1,600 beds and more than 40 doctors.

The organisation said it has supported more than 82,000 individuals through programmes for mental health conditions, addiction and substance use disorders, and neurological care.

Its stated target would take the network to roughly 2.5 times its current bed count. The current network works out to about 84 beds per centre, while the target implies about 100 beds per centre on average.

Amar Shinde, who serves as founder and director, did his postgraduate training in psychiatry at BJ Medical College in Pune and later worked as a senior psychiatrist at the Regional Mental Hospital in Yerawada.

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