Employee Wellness Platform mHealth raises Funds in seed round led by India Accelerator & Others
mHealth, an AI-powered community-based Employee Wellness platform, recently raised an undisclosed sum in a seed round sponsored by India Accelerator (IA). HNIs and industry veterans such as Govind Rao, Vikram Gupta, and Alok Mani, among others, also took part in the round.
The startup, based in Delhi, helps companies in streamlining employee wellness initiatives and bringing them all together on a single platform. On a single platform, mHealth allows companies to develop focused groups, fitness activities, employee support programmes, care programmes, and launch challenges and wellness camps. At the same time, it boosts employee morale and productivity by assuring their mental and physical health.
The startup organises physical and virtual fitness and engagement such as Stepathon Challenge, Yoga, Zumba, Aerobics, Dietary Consultation, Emotional Wellness Workshop/Sessions, Wellness Camps, HRA, Doc Consultation, Hobby Groups, and Fun Activities to engage all age groups through its state-of-the-art wellness platform.
mHealth has already served some of the biggest names in the industry, including Global Insurance, Aegon Life, Wiley, IDFC Bank, and Airworks, just six months after its launch in 2020.
The corporate health and wellness sector is estimated to be worth roughly $7 billion and is expected to increase to $18 billion by 2025, according to projections.
Rajesh Munjal, Co-Founder & CEO, mHealth said, “Every individual is different and it is important that an employee's experience should be personalized, meaningful and delightful yet connected. At the end of the day, employees are the most important assets for the growth of any organization.”
The money will be used to strengthen the platform, with an emphasis on customer experience, and to expand the platform's wellness services.
In addition, the firm is aggressively pursuing international expansion and is in the process of securing its next round of funding in the coming months.
The startup, based in Delhi, helps companies in streamlining employee wellness initiatives and bringing them all together on a single platform. On a single platform, mHealth allows companies to develop focused groups, fitness activities, employee support programmes, care programmes, and launch challenges and wellness camps. At the same time, it boosts employee morale and productivity by assuring their mental and physical health.
The startup organises physical and virtual fitness and engagement such as Stepathon Challenge, Yoga, Zumba, Aerobics, Dietary Consultation, Emotional Wellness Workshop/Sessions, Wellness Camps, HRA, Doc Consultation, Hobby Groups, and Fun Activities to engage all age groups through its state-of-the-art wellness platform.
mHealth has already served some of the biggest names in the industry, including Global Insurance, Aegon Life, Wiley, IDFC Bank, and Airworks, just six months after its launch in 2020.
The corporate health and wellness sector is estimated to be worth roughly $7 billion and is expected to increase to $18 billion by 2025, according to projections.
Rajesh Munjal, Co-Founder & CEO, mHealth said, “Every individual is different and it is important that an employee's experience should be personalized, meaningful and delightful yet connected. At the end of the day, employees are the most important assets for the growth of any organization.”
The money will be used to strengthen the platform, with an emphasis on customer experience, and to expand the platform's wellness services.
In addition, the firm is aggressively pursuing international expansion and is in the process of securing its next round of funding in the coming months.
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