Mumbai-based mental health startup Amaha, previously known as InnerHour, recently secured $4.4 million in funding from Fireside Ventures, marking its first fundraising endeavor in the last two years. In an extended Series A round, Amaha received a substantial investment from Fireside Ventures, as indicated by the company's regulatory filings sourced from the Registrar of Companies. According to the company's regulatory filings, the Amaha board passed a special resolution to issue 29,71,483 Series A4 compulsory convertible preference shares at an issue price of Rs 122.63 each, totaling Rs 36.44 crore ($4.39 million).

According to TheKredible's estimation, following this funding round, Amaha has been valued at roughly Rs 177.2 crore or $21.35 million. Over time, the company has gathered approximately $10 million in total funding from diverse investors like Lightbox Ventures, Capricorn Partners, Pankaj Sahni, Hitesh Oberoi, and Ashish Bhargava. As per the filings, "Fireside Ventures has acquired a 20.6% stake in the company", while "Lightbox Ventures remains the primary shareholder". Co-Founders Amit Malik and Neha Kirpal have reduced their ownership stakes and now collectively hold a 33.7% share in the company.

Amaha is a mental health platform crafted and operated by therapists and psychiatrists with extensive global experience, devoted to providing high-quality care. The company's mission centers on addressing the mental health treatment gap in India. With an in-house team comprising over 140 psychiatrists and psychologists, Amaha operates three physical centers located in Delhi, Mumbai, and Bengaluru. The company reports a significant impact through its employee well-being program, reaching over 700,000 individuals across 400 cities in India and establishing more than 120 corporate partnerships.