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Hyderabad-Based Life Circle Wins Prestigious DBS Foundation Impact Beyond Award
Hyderabad-Based Life Circle Wins Prestigious DBS Foundation Impact Beyond Award

News18

time3 days ago

  • Health
  • News18

Hyderabad-Based Life Circle Wins Prestigious DBS Foundation Impact Beyond Award

Last Updated: The award includes a grant of SGD 500,000 (approximately Rs 3 crore) to help scale Life Circle's integrated model of home-based eldercare and caregiver training across India Hyderabad-based Life Circle Health Services Pvt. Ltd., a pioneering Indian eldercare company, has been named one of the four global winners of the DBS Foundation Impact Beyond Award 2025. The award includes a grant of SGD 500,000 (approximately Rs 3 crore) to help scale Life Circle's integrated model of home-based eldercare and caregiver training across India. This recognition from DBS Foundation, the philanthropic arm of DBS Bank, underscores Life Circle's mission to address India's growing need for quality senior care by building a sustainable caregiving workforce and delivering compassionate home-based services. Life Circle joins three other winners from Singapore, Hong Kong, and China. All winners were honoured at the Impact Beyond Dialogue; a flagship DBS Foundation event held at Marina Bay Financial Centre in Singapore.'We are honoured to receive the DBS Foundation Impact Beyond Award. This validates our belief that India's eldercare transformation must begin with professionalising caregivers," said Anant Kumar, CEO & Founder of Life Circle. LIFE CIRCLE Life Circle claims to be India's leading eldercare platform, delivering quality home-based care while creating dignified livelihoods for caregivers. With its tech-enabled services, certified caregiver training, and growing nationwide presence, Life Circle is building the foundation for India's ageing population to thrive at home. Founded by healthcare and social impact professionals, Life Circle is India's only full-stack eldercare company combining, Training & certification via Care Skills Academy, Digital skilling through Care Tube app, Technology-enabled home care matching seniors with certified caregivers, Job creation with a focus on women and underserved youth Life Circle's caregivers conduct over 100,000 home visits annually and have achieved a 96% client satisfaction rate. Over 5,000 caregivers have been placed to date—76% of them rural women. Life Circle is also incubated by T-Hub (India's premier innovation hub) and the Asia Pacific Care Accelerator, supported by UN Women and the Indian Government. THE DEMOGRAPHIC India will soon be home to over 150 million seniors, yet 97% of caregivers remain informal and untrained. Many women drop out of the workforce to care for ageing parents and relatives. Constant increase in life expectancy due to improvement in the health care facilities over the years is one of the main reasons for rapid increase in proportion of population of senior citizens. As per Census 2011, the total population of Senior Citizens (people aged 60 years and above) is 10.38 crore, of which population of males and females are 5.11 crore and 5.27 crore, respectively. Expectation of life at birth for males/female has shown a steady rise. Govt of India and many non-government organisations are working tirelessly to deliver home based care to the elderly. They are getting tremendous support from the government and private sector as well. Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated! First Published: June 06, 2025, 17:16 IST

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