Therapeutic Health Platform Mindhouse Secures $6 Million in a Seed Round Led by Binny Bansal
Mindhouse, a therapeutic health platform, has secured $6 million in a seed round headed by Binny Bansal. This round was also attended by Kwaish Capital, Anicut, General Catalyst, Better Capital and the founders - Pankaj Chaddah and Pooja Khanna.
Angel investors such as Bain & Co.'s Karan Singh and Sri Rajan, Innov8's Ritesh Malik, and Cloudnine's Rohit MA were among those who attended.
Mindhouse was founded in 2019 by Pooja Khanna and Pankaj Chaddah with a focus on mental health. However, after then, the focus shifted to curative health. Currently, the company provides a variety of wellness services to people who are dealing with health issues or chronic illnesses that necessitate considerable lifestyle modifications.
Pooja Khanna, co-founder of Mindhouse, “patients suffering from any long-drawn health condition, even pregnancy, always require a change in lifestyle in addition to clinical care.”
Mindhouse caters to English-speaking consumers all around the world, offering yoga and nutrition programmes tailored to specific health issues. India, on the other hand, accounts for 75% of its income. Part of the newly generated funds will be used to increase the start-up's worldwide market share, according to the company.
Its app and platform include interactive lessons, personal coaching sessions, and DIY sessions for chronic ailments such as diabetes, hypertension, thyroid issues, and back aches.
Over the last few years, India's wellness sector has been steadily growing. The industry is worth INR 490 billion, according to FICCI. The surge in disposable income and the presence of private-sector investors have fueled the expansion.
The entire market size of India's healthcare business is predicted to reach $202 billion, up from $110 billion in 2016. The global yoga business is valued over $88 billion dollars and is expected to increase at a CAGR of 11.7 % to $215 billion dollars by 2025, indicating a vast market for yoga-based health firms to tap into.
K&L Wellness Technology, a healthtech business, secured INR $4.03 million in initial investment from Manjushree Ventures' Vimal and Surendra Kedia and Sohamm Group's Narendra Firodia earlier this week.
Angel investors such as Bain & Co.'s Karan Singh and Sri Rajan, Innov8's Ritesh Malik, and Cloudnine's Rohit MA were among those who attended.
Mindhouse was founded in 2019 by Pooja Khanna and Pankaj Chaddah with a focus on mental health. However, after then, the focus shifted to curative health. Currently, the company provides a variety of wellness services to people who are dealing with health issues or chronic illnesses that necessitate considerable lifestyle modifications.
Pooja Khanna, co-founder of Mindhouse, “patients suffering from any long-drawn health condition, even pregnancy, always require a change in lifestyle in addition to clinical care.”
Mindhouse caters to English-speaking consumers all around the world, offering yoga and nutrition programmes tailored to specific health issues. India, on the other hand, accounts for 75% of its income. Part of the newly generated funds will be used to increase the start-up's worldwide market share, according to the company.
Its app and platform include interactive lessons, personal coaching sessions, and DIY sessions for chronic ailments such as diabetes, hypertension, thyroid issues, and back aches.
Over the last few years, India's wellness sector has been steadily growing. The industry is worth INR 490 billion, according to FICCI. The surge in disposable income and the presence of private-sector investors have fueled the expansion.
The entire market size of India's healthcare business is predicted to reach $202 billion, up from $110 billion in 2016. The global yoga business is valued over $88 billion dollars and is expected to increase at a CAGR of 11.7 % to $215 billion dollars by 2025, indicating a vast market for yoga-based health firms to tap into.
K&L Wellness Technology, a healthtech business, secured INR $4.03 million in initial investment from Manjushree Ventures' Vimal and Surendra Kedia and Sohamm Group's Narendra Firodia earlier this week.
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