🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

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.

Butterfly Learnings raises Rs 32 Cr in Series A round

EntrackrEntrackr · 1y ago
Butterfly Learnings raises Rs 32 Cr in Series A round
Medial

Butterfly Learnings, a platform in paediatric behavioural and developmental health, has raised Rs 32 crore in its Series A round ed by Insitor Impact Asia Fund II and Enzia Ventures, with participation from CIIE (IIMA Ventures), Foundation Botnar, 9 Unicorns, and Venture Catalysts. Earlier in 2022, the Mumbai-based startup had raised $2 million in its seed funding round from Insitor Partners, 9 Unicorns, Venture Catalysts, and others. The fresh proceeds will be used to fuel Butterfly Learnings’ expansion efforts as it plans to scale its tech enabled therapy programs. Founded by Sonam Kothari, Butterfly Learnings operate as a phygital platform that offers tailored support for children and families facing challenges related to neurodiversity. It employs over 250 in-house trained therapists, with operations extending to urban areas such as Pune, Nagpur, and Nasik. The platform’s core offerings include individualized therapy regimens based on applied behavior analysis (ABA), consultations with skilled pediatric neurologists or developmental pediatricians, and additional therapies such as occupational therapy, speech therapy, oral placement therapy, and sensory integration. Currently serving approximately 2,000 families across 30 centers in Maharashtra, the firm plans to extend its reach across multiple states and cities in India through a 200-center network.

DCDC Health Services raises nearly $10 Mn from BII

EntrackrEntrackr · 8m ago
DCDC Health Services raises nearly $10 Mn from BII
Medial

DCDC Health services private limited (DCDC), operating dialysis centers under its brand DCDC Kidney Care, has secured a strategic investment of Rs 82 crore (nearly $10 million) from British International Investment (BII), the UK’s development finance institution and impact investor. The proceeds will be used to deliver critical, life-saving dialysis treatments to low-income patients suffering from end-stage renal disease (ESRD). DCDC operates dialysis clinics in public-private partnership (PPP) arrangements with state governments. It provides treatments to economically weaker sections of the population. The startup claims to have a rollout of 900 dialysis machines in over 100 centers over the next three years. It is expected to reach over 15,000 unique patients, the majority of whom are low-income. This will also create around 1,000 direct jobs. According to BII, at least 30% of its total new commitments by value will be allocated to climate finance between 2022 and 2026. The company currently holds investments in over 1,580 businesses across 65 countries.

Wundrsight raises $400K in seed round led by IPV

EntrackrEntrackr · 11m 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%.

Download the medial app to read full posts, comements and news.