Lissun raises $1.3M in seed round led by Inflection Point Ventures & Rainmatter Capital – ET HealthWorld

Gurgaon: Lissun has raised $1.3M in a seed round led by Inflection Point Ventures (IPV) & Rainmatter Capital (Zerodha Group). The round also saw participation from existing investors IvyCap ventures, WFC, Growx ventures and a few other marquee angel investors. Lissun has raised over $2.3 million to date in funding.

The funds will be strategically allocated to enhance their technology and product offerings further, expand their services, and cultivate meaningful partnerships with healthcare institutions and other organisations.

Dr Krishna Veer Singh, Director & Co-founder, Lissun, said, “With this injection of capital, we take a significant step forward in realising our vision of solving mental health at scale, and everyone can access the care and support they rightfully deserve.”

Vinay Bansal, Founder, Inflection Point Ventures said “In today’s day and age, everyone has a high-stress life with multiple responsibilities. In our society, physical problems are attended to actively, and mental health is more often neglected and kept on the back burner. We are still unaware of how to deal with mental issues as a stigma is attached to it. Their pioneering B2H2C model and unwavering dedication to reinventing conventional solutions underscore their profound understanding of the opportunities and challenges within this sphere. We are confident that their groundbreaking work will have a lasting impact, reshaping the approach to mental health.”Dilip Kumar who heads Rainmatter Health stated, “Mental health issues in India are often neglected and stigmatised. There is a growing need to build awareness to address the societal barriers and misconceptions surrounding it.”

Tarun Gupta, Director & Co-founder, Lissun said, “We are a product-first company and build our products to deliver mental health effectively, seamlessly, and affordably. This investment will further our product & technology and extend our outreach, making quality & affordable mental health solutions accessible to a broader audience.”

Existing investor Tej Kapoor, Managing Partner, IvyCap Ventures, added, “The remarkable growth journey undertaken by the Lissun team since our initial partnership last year brings us immense joy. Their unique vision and unwavering commitment to excellence position them as trailblazers in this industry. We take pride in being part of their journey.”

  • Published On Sep 5, 2023 at 06:38 PM IST

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