<h1>Hyderabad social enterprise wins SGD 500,000 grant for eldercare marketplace connecting trained caregivers with families</h1> A Hyderabad-based social enterprise received the DBS Foundation Impact Beyond Award 2024, earning SGD 500,000 (~INR 3 crore) in grant funding. The company operates a tech-enabled marketplace connecting trained caregivers with families for eldercare services, addressing India's growing elderly population needs projected to reach 20% by 2050. The enterprise has placed over 5,000 caregivers, 76% women, conducting 100,000+ annual home visits. With this funding, it plans to expand into Tier 2 and 3 cities, launch training academies, and upgrade technology platforms. The award recognizes innovative solutions addressing urgent aging society needs across Asia.