India, November 3, 2026: Taisho Ventures, the company behind senior citizen platform Khyaal, has been awarded SGD 1 million (approximately ₹7.4 crore) under the DBS Foundation Impact Beyond Award to scale its active-ageing initiatives and expand support for older adults.
The award forms part of a broader SGD 3 million (approximately ₹22 crore) funding commitment announced by DBS Foundation for four purpose-driven enterprises across Asia working to address ageing-related challenges.
The funding will help Khyaal strengthen its phygital platform, expand wellness and engagement programmes, and extend its reach to underserved seniors across Tier-2 and Tier-3 cities in India.
Addressing the Needs of a Rapidly Ageing Population
India’s ageing population is growing significantly, increasing the demand for solutions that help older adults remain connected, active, and independent.
Against this backdrop, Khyaal has emerged as one of India’s leading platforms for senior citizens, serving more than 5 million users.
Built for individuals aged 50 and above, the platform combines digital and physical engagement through a technology-first, community-led approach focused on:
- Physical well-being
- Emotional wellness
- Cognitive health
- Social engagement
- Financial awareness
- Digital literacy
A Comprehensive Platform for Senior Well-Being
Khyaal offers a broad range of programmes and services designed to enrich the lives of seniors.
These include:
- Yoga and fitness sessions
- Brain training activities
- Financial literacy programmes
- Digital literacy workshops
- Cyber-safety training
- Hobby groups
- Competitions and community events
The platform also provides access to:
- E-commerce services
- Health insurance solutions
- Senior-friendly travel experiences
- Financial products
Among its flagship initiatives is 50Above50, a national platform that enables seniors to showcase their talent, experience, and passion.
Karen Ngui, Head of DBS Foundation, said: “It is heartening to see the new cohort of DBS Foundation Impact Beyond Award winners applying design thinking and leveraging AI to address the growing needs of rapidly ageing societies. We hope the award will enable these innovative businesses to enhance their ability to deliver impact and catalyse systemic change; and in doing so, demonstrate how businesses can be a force for good.”
She added: “Uplifting lives and livelihoods amid demographic change, technological disruption and evolving work and care needs takes sustained commitment. Immediate relief matters, but it must also open pathways to greater agency and lasting resilience.”
Expanding Reach Across India and Southeast Asia
Hemanshu Jain, Founder & CEO of Khyaal, said: “We are honoured to receive the DBS Foundation Impact Beyond Award. At Khyaal, we are focused on building an integrated ecosystem that enables seniors to lead healthier, more independent, and fulfilling lives.”
He further added:
“The recognition from DBS Foundation will help us build on our existing efforts, strengthen our platform, and extend the reach of our services to more seniors across Tier-2 and Tier-3 cities in India, while also expanding into geographies like Southeast Asia. We look forward to continuing to deepen our impact as we work towards making active ageing more accessible.”
A Growing Commitment to Active Ageing
The Impact Beyond Award forms part of DBS Foundation’s wider effort to support innovative models addressing societal challenges associated with ageing populations.
The award programme focuses on helping older adults:
- Maintain independence
- Build social connections
- Access healthcare and wellness resources
- Remain economically and socially active
The recognition highlights growing investor and institutional interest in businesses developing sustainable solutions for ageing societies across Asia.
DBS Foundation’s Broader Impact
Since its establishment in 2014, DBS Foundation has:
- Impacted more than 13 million lives
- Supported 52 programmes
- Backed 180 Businesses for Impact
- Mobilised 1.3 million employee volunteer hours
Across six key markets:
- Singapore
- China
- Hong Kong
- India
- Indonesia
- Taiwan
The foundation has committed more than SGD 204 million (over ₹15 billion) towards programmes, partnerships, grants, and impact-driven enterprises.
In 2024, DBS committed up to SGD 1 billion over the next decade to support vulnerable communities while pledging 1.5 million employee volunteer hours.
Other Winners of the 2026 Impact Beyond Award
Other organisations recognised under the second cohort of the DBS Foundation Impact Beyond Award include:
Hon Yang Healthcare (Taiwan) – SGD 1 Million
An integrated post-discharge care ecosystem serving seniors, rehabilitation patients, and individuals with disabilities through healthcare services, assistive-device rentals, and community care support.
One Bite Design Studio (Hong Kong) – SGD 500,000
Creator of the Silver Power Hub initiative, which enables older adults to access community engagement opportunities and paid mini-job assignments.
Shanghai Fuyuan Elderly Care Service (China) – SGD 500,000
A community-based eldercare provider delivering health, rehabilitation, and active-ageing services through more than 50 service locations across Shanghai.
About Khyaal
Khyaal is India’s leading platform for senior citizens, serving more than 5 million users across the country.
Built for individuals aged 50+, the platform combines digital and on-ground engagement focused on:
- Physical health
- Emotional well-being
- Cognitive development
- Social interaction
- Financial awareness
- Digital literacy
The platform aims to help seniors remain active, independent, socially connected, and purpose-driven during the later stages of life.
OBSESS Raises Angel Funding to Build India’s Unified Fitness and Sports Ecosystem
Clinics On Cloud Raises USD 12.5 Million Series A Funding to Accelerate Global Expansion of Connected Healthcare Infrastructure
Hyeglo Beauty Raises ₹7 Crore Seed Round Led by Sauce to Pioneer India’s Skinified Beauty Category