Home Breaking News Indian healthcare startup Mindhouse raises USD 6 million in seed round

Indian healthcare startup Mindhouse raises USD 6 million in seed round

India-based Mindhouse, an online platform for yoga and nutrition-based healthcare, raised USD 6 million on 19th November.

Investors: The seed round was led by Binny Bansal. Among the participants in this round were General Catalyst, Better Capital, Kwaish Capital, Anicut, and founders Pooja Khanna and Pankaj Chaddah. There were also angel investors present, including Rohit MA of Cloudnine, Ritesh Malik of Innov8, and Karan Singh & Sri Rajan of Bain & Co.

Purpose of funding: The startup hopes to build a strong team, enhance its technological platforms, expand globally, and create real value for customers. Seventy-five per cent of its revenues currently come from India, but the startup wants to expand globally. Furthermore, it plans to offer mental wellness services to a broader customer base with professional experience. The company plans to take the lead in the market with more comprehensive coverage in the healthcare sector.

About Mindhouse

Founded in 2019 by Pooja Khanna and Pankaj Chaddah, Mindhouse is located in Gurgaon, Haryana. Mindhouse offers mental wellness through its online platform as well as curative wellness services. Women’s health, chronic ailments, everyday wellbeing and mental health are the specific conditions addressed in yoga-based interactive classes and DIY content. As of now, the startup offers a range of wellness services to patients facing health conditions and chronic illnesses that require significant lifestyle changes to treat. In the past few years, the wellness market in India has steadily grown. As disposable income has risen and private investors have entered, the growth has been supported.

What the founder has to say

 “Patients suffering from any long-drawn health condition (even pregnancy) always require a change in lifestyle in addition to clinical care. Sixty percent of the consumer spends in the $4.5 trillion wellness industry go into curative wellness, and this provides a great opportunity to build an impact-oriented business. India is the wellness capital of the world and the birthplace of Yoga, Meditation, Ayurveda and many superfoods. With the quality of talent India has, we must take pole position in delivering the highest quality wellness services to the globe,” said Pooja Khanna, Co-founder at Mindhouse.

What the investor has to say

“I have loved the approach Mindhouse has taken towards wellness and strongly believe in the experience Pooja and Pankaj carry. I’m very excited to be a part of this,” said Binny Bansal.

For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.

We try our best to fact-check and bring the best, well-researched, and non-plagiarized content to you. Please let us know

-if there are any discrepancies in any of our published stories,

-how we can improve,

-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!

Next Article

Previous articleUS-based startup Kandji secures US$ 100M in Series C funding
Next articleEngland-based hospitality startup OTA Insight raises USD 80 million in series B funding
Varun Nath writes about the startup ecosystem on VC Bay. A student at Delhi University, he is pursuing a Bachelor of Commerce degree. In pursuit of exploring the world of finance and technology.


Please enter your comment!
Please enter your name here