Founded: 2016 | Headquarters: Chennai, Tamil Nadu | Facilities: 12 facilities, 1,500+ beds | Seniors Served: 35,000+ | Funding: $18.6M (Morgan Stanley) | Cities: Chennai, Bengaluru, Kochi, Coimbatore, Hyderabad
Athulya Senior Care is India's largest assisted living provider by number of facilities and beds under management in the southern region. Founded in 2016 by Dr. Karthik Narayan, Srinivasan G (CEO), and J. Krishna Kavya — all three with backgrounds in healthcare institutions in India and the United States with expertise in geriatric care — Athulya started with a single home care client in Chennai and has grown into a 12-facility, 5-city network in under a decade. The name Athulya means "immeasurable and unique" in Sanskrit.
Athulya operates on an asset-light lease model, meaning it does not own the buildings it operates in. This has allowed rapid scaling across South India while maintaining cost flexibility. It manages 1,500+ senior-friendly rooms and has cumulatively served over 35,000 seniors. In January 2023, Athulya raised $9.3 million from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure — one of the most significant institutional investments in the Indian assisted living sector to date. Total disclosed funding stands at $18.6 million. Revenue for FY2025 stood at ₹64 crore, with 55% year-on-year growth.
Athulya's care model combines 24x7 clinical supervision, physiotherapy, dietician-managed nutrition, and technology-driven monitoring. Services span assisted living, transition care, rehabilitation, palliative care, dementia care, and home healthcare. In 2023, Athulya launched dedicated dementia care services in Chennai. In 2024, it announced a partnership with Ramaniyam Real Estates to create 1,000 new senior care beds in Chennai — the largest single infrastructure expansion by any South Indian operator.
For families on Zenioro, Athulya is a strong option for South India-based seniors requiring long-term assisted living or transitional care in a residential rather than clinical setting. Its multiple facilities within single cities — particularly Chennai with 5 and Bengaluru with 2 — means families can often find an Athulya community close to their own neighbourhood, reducing visit travel time.
| City | Communities | Notes |
|---|---|---|
| Chennai | 5 | Maduravoyal, Neelankarai, Pallavaram, Arumbakkam, Perungudi. Athulya's home market and most established presence. |
| Bengaluru | 2 | Kasavanahalli and Whitefield. Active since 2018 — one of Bengaluru's longest-running assisted living providers. |
| Kochi | 1 | Kakkanad. Premium, top-rated. Part of Athulya's Kerala expansion. |
| Coimbatore | 1 | Thudiyalur. Rated 4.6 on Google. Premium tier. |
| Hyderabad | 1 | Kukatpally. Entered 2024. Rated 5.0 on Google. Newest market in the network. |
Athulya positions itself as an assisted living provider — not a nursing home or old age home. Its facilities offer private or semi-private rooms, personalized care plans, rehabilitation therapies, and a residential environment designed to feel like home rather than an institution. Medical supervision is present but the focus is on independence, dignity, and quality of life.
Athulya was founded in 2016 by Dr. Karthik Narayan, Srinivasan G (CEO), and J. Krishna Kavya — all with experience in healthcare institutions in India and the United States and particular expertise in geriatric care. The company is headquartered in Chennai, Tamil Nadu, which remains its largest market by number of facilities.
As of 2026, Athulya operates 12 facilities across 5 cities in South India: Chennai (5 facilities), Bengaluru (2), Kochi (1), Coimbatore (1), and Hyderabad (1). Total capacity exceeds 1,500 senior-friendly beds and the company has served over 35,000 seniors since inception.
Yes. Athulya launched dedicated dementia care services in Chennai in 2023, and memory care is now available across several of its facilities in South India. The dementia care program includes secure environments, specialized caregiver training, cognitive engagement activities, and coordination with neurologists and geriatricians.
Rather than purchasing property, Athulya leases the buildings it operates in. This allows the company to expand into new cities faster and keeps its cost structure flexible — benefits that ultimately translate into more location options and competitive pricing for families. It is also why Athulya has been able to open 12 facilities across 5 cities in under a decade.