Eldercare Startup Alserve Expands To Coimbatore And Kochi | Coimbatore News – Times of India

Chennai: alserve – a technique start up The focus on non-real estate-based assisted services for the elderly – has been extended to Coimbatore and Kochi. NS Elder care Established in January 2020, the startup was primarily operating in Chennai and is in the first phase of expansion.
“According to a recent study by the Office of National Statistics, Kerala (16.5%) has the highest population of elderly people, followed by Tamil Nadu (13.6%). Moreover, there are around 15,000 to 20,000 retirement homes in India today, indicating a widening gap between the aging population and the number of homes available,” says Jagdish Ramamurthy, co-founder and director of Alserve.
According to the Longitudinal Aging Study of India (2020), India’s elderly people account for 8.6% of the total population, with 103 million people over the age of 65.
The senior population is growing at a 3% annual rate, with the population expected to reach 319 million by 2050.

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