Today: Jul 22, 2024

Amaha’s Series A funding boasts $4.4 Mn for mental health revolution.

7 months ago

TLDR:

  • Mental health startup Amaha has raised $4.4 million in a Series A funding round led by Fireside Ventures.
  • The Mumbai-based company has a team of over 140 psychiatrists and psychologists and operates three in-person centers in India.
  • Amaha’s employee well-being program has impacted more than 700,000 lives across 400 cities in India with over 120 corporate partners.
  • The company’s revenue from operations in FY23 was INR 12.76 crore ($1.53 million), with losses of INR 23.42 crore ($2.81 million).
  • Amaha is valued at around INR 177.2 crore ($21.35 million), according to TheKredible estimates.

Mental health startup Amaha (formerly InnerHour) has raised $4.4 million in funding from Fireside Ventures in a Series A round. The Mumbai-based company operates a mental health platform with an employee well-being program that has impacted over 700,000 lives in India. The funding will be used to further expand Amaha’s services and reach.