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

IndianStartupNewsIndianStartupNews · 2y 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 · 6m 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.

Everbright Health raises $7 Mn in seed round led by W Health Ventures

EntrackrEntrackr · 3m ago
Everbright Health raises $7 Mn in seed round led by W Health Ventures
Medial

Everbright Health, a managed services platform for mental health providers, has raised $7 million in a seed funding round led by W Health Ventures and Sanos Capital. The proceeds will be used to expand its technology capabilities, accelerate market growth in the US, and introduce similar operational models for other advanced therapies. Everbright provides end-to-end support to providers through an AI-powered operations platform that identifies eligible patients, handles authorizations, manages billing, ensures compliance, and oversees treatment delivery. The company operates an asset-light model, partnering with clinicians instead of competing with them. The firm helps psychiatrists, psychologists, and therapists integrate advanced interventions into regular mental health care. These include FDA-approved treatments such as Transcranial Magnetic Stimulation (TMS) and SPRAVATO, which are covered by insurance but often remain inaccessible due to a lack of infrastructure in clinics. The platform combines technology and operational teams across the US and India to streamline key clinical and administrative workflows. Within three months of launch, Everbright has signed contracts with more than 75 behavioral health providers across seven US markets.

Good Monk raises $2 Mn in pre-Series A round led by RPSG Capital

EntrackrEntrackr · 9m ago
Good Monk raises $2 Mn in pre-Series A round led by RPSG Capital
Medial

Good Monk, the flagship brand of Superfoods Valley, has raised $2 million in pre-Series A funding round led by RPSG Capital Ventures along with participation from existing investors Multiply Ventures, Sharrp Ventures, and ThinKuvate. The proceeds will be utilized to invest in R&D and product development to present better nutritional alternatives. Co-founded in 2022 by Amarpreet Singh Anand and Sahiba Kaur, Good Monk offers a range of products, including multivitamin and probiotic mixes, fiber supplements, and over 50 nutrition mixes for seniors. The Bengaluru-based company aims to make nutrition accessible and easy, focusing on nutritional transparency and community engagement, particularly supporting less privileged communities. It is also known for contributing a portion of their sales to mid-day meal programs. Good Monk is currently retailing across its website and leading e-commerce platforms like Amazon and Flipkart. The brand claims to have built a strong consumer base and grown 11X in the last 12 months. RPSG Capital has invested in the nutrition, health, and wellness space and backed companies in this category such as Nutrabay, Plix, and True Elements.

Exclusive: Good Monk to top up pre-Series A at 2.7X valuation premium

EntrackrEntrackr · 7d ago
Exclusive: Good Monk to top up pre-Series A at 2.7X valuation premium
Medial

Exclusive: Good Monk to top up pre-Series A at 2.7X valuation premium Good Monk, the flagship brand of Superfoods Valley, is set to top up its pre-Series A round with Rs 25 crore ($2.7 Mn) in funding, led by existing investor RPSG Capital Ventures, with participation from Sharrp Ventures and others. This will be an extension of the company’s pre-Series A round, following its $2 million raise in April last year led by RPSG Ventures, with participation from Multiply Ventures, Sharrp Ventures, and ThinKuvate. The Good Monk’s board has passed a resolution to approve the issuance of 3,334 pre-Series A4 CCPS at an issue price of Rs 74,652.86 per share, to raise the aforementioned sum, according to its filings with the Registrar of Companies (RoC). RPSG Capital Ventures will lead the infusion with Rs 15.8 crore, followed by Sharrp Ventures, which will invest Rs 4.5 crore. The remaining amount will be contributed by Aashray Family Trust and angel investors Manmohan Singh, Srivar Harlalka, and Narinder Sawhney. According to Entrackr’s analysis, the company’s valuation will jump over 2.7X to Rs 175 crore, from Rs 64 crore in the previous round. The proceeds will be used to scale operations and expand the business. Founded by husband-and-wife duo Amarpreet Singh Anand and Sahiba Kaur, Good Monk offers nutrition products, including multivitamin and probiotic mixes and fiber supplements for kids and adults. It retails through its own website as well as leading e-commerce platforms, including Amazon, Flipkart, Blinkit, and Zepto. The Bengaluru-based company had raised nearly $3 million prior to this round. The startup recently appeared on Shark Tank Season 4 and secured a deal from Vineeta Singh, co-founder of Sugar Cosmetics. Following the infusion, RPSG Capital Ventures will hold a 19.78% stake in the company, while Sharrp Ventures will own 6.81%. The co-founders will collectively retain around a 40.18% stake. RPSG Capital is a notable investor in the health and wellness space and has backed several startups, including Nutrabay, Plix, and True Elements.

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