Bio Spectrum

Mave Health raises Rs 6 Cr in Pre Seed round

-

Mave Health, a mental healthtech startup based in Bengaluru, has raised Rs 6 crore in preseed funding round. The funding round was led by All-In Capital and Utsav Somani’s iSeed Fund, with participat­ion from other marquee investors including Bharat Founders Fund, Deepinder Goyal (Zomato), Kunal Shah (CRED), Mohit Kumar and Vatsal Singhal (Ultrahuman). The round also saw angel investors like Gaurav Agarwal (TATA 1mg), Nandan Reddy (Swiggy), Rohan Verma (BreatheWel­lBeing), Nikhil Kant (Even), Harsh Shah (Fynd), Neel Mehta (Studio Carbon), Nitin Mehrotra (Dressfolk), Himanshu Aggarwal (SHL), along with Vikrampati Singhania from JK Family Office, Gaurang Patel and Pradeep Patel from Amaanta Family office, and Rajan Dube. Representa­tives from the creator industry, such as Ganesh Prasad and Parsh Kothari (ThinkSchoo­l), Shlok Srivastava (TechBurner), Neel Gogia and Naim Siddiqui, also participat­ed in the pre-seed round. The newly raised investment will support Mave Health in launching

Arc, India’s first non-invasive brain stimulatio­n wearable that treats depression. The device is developed in collaborat­ion with a team of top experts, including neuroscien­tists, psychiatri­sts, and psychologi­sts from Harvard Medical School, Maastricht University and other leading research institutes.

 ?? ??

Newspapers in English

Newspapers from India