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Mental Health Challenges in the Startup World

StartupTalkyStartupTalky · 1y ago
Mental Health Challenges in the Startup World
Medial

Startups and mental health are often overlooked, but the pressures faced by entrepreneurs can take a toll on their well-being. Nithin Kamath, co-founder of Zerodha, recently spoke about suffering a stroke, highlighting the importance of prioritizing health for startup founders. A study showed that almost half of CEOs experience mental health issues, including burnout and anxiety. Experts recommend preventive measures such as regular health check-ups, healthy habits, exercise, and stress management techniques like yoga and meditation. Founders also emphasized the need for work-life balance, self-care, and seeking support when needed. Specialized programs and resources are available to support the mental health of startup founders. Overall, it is crucial to address the stigma surrounding mental health and place a greater focus on well-being in the entrepreneurial world.

Related News

Lissun providing mental, emotional health solutions raises $1.3M led by IPV, Rainmatter, others

IndianStartupNewsIndianStartupNews · 1y ago
Lissun providing mental, emotional health solutions raises $1.3M led by IPV, Rainmatter, others
Medial

Gurgaon-based startup Lissun, specializing in mental and emotional health solutions, secured $1.3 million in seed funding, led by Inflection Point Ventures and Rainmatter Capital, a Zerodha subsidiary. Existing investors IvyCap Ventures, WFC, Growx Ventures, and angel investors also participated. Lissun will use the funds to enhance technology, expand services, and establish partnerships with healthcare institutions. Founded in 2021, Lissun offers tech-enabled mental health solutions, including therapy and guidance. They aim to address mental health challenges at scale, with over 15,000 paying customers and 30,000 therapy sessions conducted in 30 Indian cities.

Mental health startup LISSUN acquires US-based Being Cares Inc

EntrackrEntrackr · 11h ago
Mental health startup LISSUN acquires US-based Being Cares Inc
Medial

Mental health platform LISSUN has acquired US-based mental wellbeing startup Being Cares Inc, strengthening its mission to create an AI-driven, child-first behavioural development ecosystem in India. With this acquisition, LISSUN gains full ownership of Being’s technology and team, combining therapist-led expertise with AI-powered hyper-personalized care capable of decoding over 40 emotional and behavioural conditions, including autism, ADHD, speech delays, and learning challenges. Being’s founders, Varun Gandhi (CEO) and Abhishek Sharma (CTO), have joined LISSUN as Chief Product Officer and Chief Technology Officer, respectively. Being Cares Inc is a US-based mental health startup that provides AI-powered tools to map and address over 40 emotional and behavioral conditions. The platform uses data on real-world causes and effects to give personalized mental health guidance and has served nearly one million users globally. The integration aims to merge LISSUN’s clinical interventions with Being’s intelligent mental health mapping, which processes over 2,500 causes and real-world effects to deliver highly tailored guidance for parents and children. With Sunshine by LISSUN centres already addressing child development needs, this move positions LISSUN as a full-spectrum care provider, offering both digital guidance and in-person therapy through its growing phygital network. LISSUN plans to scale its Sunshine centres from 20 to over 200 in the next 2–4 years while expanding AI-led support via its virtual assistant, Ray, to millions of parents on platforms like WhatsApp. By combining real-time developmental insights, personalized therapy activities, and milestone tracking, the platform aims to deliver end-to-end mental health solutions across home, school, and clinical settings.

Wundrsight raises $400K in seed round led by IPV

EntrackrEntrackr · 10m ago
Wundrsight raises $400K in seed round led by IPV
Medial

Wundrsight, a digital therapeutics startup, has raised $400K in its seed round led by Inflection Point Ventures. Social Alpha has also joined the round along with other angel investors. The proceeds will be used to expand its hospital and clinic partnerships network across India and ramp up the development of its VR-based mental health solutions, the company said in a press release. Co-founded by Raunak Swarnkar, Wundrsight focuses on digitising and standardising mental health therapy using the immersive nature of Virtual Reality (VR). The startup has also been backed by Meta (Facebook parent), DLabs at the Indian School of Business, IIT Mandi Catalyst, and NASSCOM. Currently operating in three metro cities, Wundrsight claims to have already secured contracts with over 5 hospitals, with additional partnerships with private and government hospitals underway. Offering more than 6 VR therapy products, the startup has treated over 1,000 patients across various mental health conditions, including substance use disorders, OCD, anxiety, phobia, and autism, with clinician-administered therapies. According to market research, India’s mental health market valuation is projected to reach approximately $62.86 billion by 2032, up from $6.89 billion in 2023, with a compound annual growth rate (CAGR) of 28.16%.

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