The new healthcare group intends to use the funds raised for expansion and to improve care homes with AI.
Newly launched healthcare group, Arishta, has raised £10 million from specialist growth capital lender, Growth Lending.
Funds raised will be used to help its buy-and-build strategy, which will focus on AI-driven transformation to improve care quality nationwide.
The capital has already supported Arishta’s first acquisition of A & R Care, which owns and runs two residential nursing care homes in Croydon, South London. The homes – Barrington Lodge and Beechwood House – have 66 beds and serve both private and local authority-funded residents with dementia and complex care needs.
Founded earlier this year, Arishta is led by executive chairman Kalpesh Shah, who previously founded VCare Systems, a digital medication management platform for care homes, which he exited in 2023.
“Our vision is to build a platform that delivers patient-centric, technology-enabled care,” said Shah.
