Industry landscapes
The companies, capital and talent shaping mental health tech in India. Find the leaders. Understand the segments. See where the activity is.
An industry ecosystem,
measured in context.
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗
Recently founded means a recorded 2023–2026 founding year and no recorded parent, acquirer or public-company status. These companies are not labelled startups without that separate classification.
Explore classified startups in Radar ↗A few useful ratios bring the size of this ecosystem into perspective.
30 of 391 tracked companies have open roles.
54 of 391 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 93 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 55.3% of disclosed capital, while 86.2% of tracked companies have no recorded funding round.
Explore the segments →Recorded company formation and disclosed funding across the complete annual series shown.
Sum of recorded funding rounds · USD
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $1.82M | 12 | 6 |
| 2017 | $2.72M | 23 | 8 |
| 2018 | $1.34M | 18 | 5 |
| 2019 | $511.44K | 27 | 2 |
| 2020 | $528.86K | 74 | 3 |
| 2021 | $7.63M | 39 | 12 |
| 2022 | $6.89M | 44 | 12 |
| 2023 | $2.25M | 49 | 10 |
| 2024 | $8.49M | 41 | 11 |
| 2025 | $2.53M | 22 | 5 |
Share of all disclosed company funding.
111 recorded rounds since 2016
Recorded participation in mental health tech company rounds since 2016.
Backed by Turbostart and Idea Baaz and others.
Backed by Inflection Point Ventures.
Backed by GHRTBIF.
Backed by Fireside Ventures and Shreyas Shibulal and others.
Backed by Blume Venture and Inuka Capital and others.
Backed by Fireside Ventures and Lightbox and others.
Backed by Fireside Ventures and Shreyas Shibulal and others.
Backed by Lightbox and Capricorn Partners and others.
Backed by Turbostart and Idea Baaz and others.
Backed by Lightbox and Valinco Investments and others.
Backed by Blume Venture and Inuka Capital and others.
Backed by Atul Nishar and Maiank Mehta and others.
Backed by Dhaval Nalin Parikh and Dipti Parikh and others.
Backed by Venkatram Krishnan and Phanindra Sama and others.
Backed by Whiteboard Capital and Saama.
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.
FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 76 reporting entities from 102 eligible matches.
Sum of reporting-entity revenue; not India market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
22 of 76 covered entities.
Share of covered revenue from the five largest entities.
Reported cohort totals by year; coverage is stated for every period.
Bar height shows revenue. Changes in coverage can affect totals.
FY2025 · 76 reporting entities
Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.
| Company / reporting entity | Revenue | Net profit / loss | Net margin | Revenue growth | Total assets |
|---|---|---|---|---|---|
| YourDost ↗U85100MP2015PTC034410 | ₹19.6 crore | ₹0.3 crore | +1.7% | — | ₹17.4 crore |
| Amaha ↗U85191MH2016PTC272582 | ₹19.4 crore | ₹-25.3 crore | -130.5% | — | ₹48.3 crore |
| Lissun ↗U72900HR2021PTC093648 | ₹5.1 crore | ₹-9.9 crore | -191.9% | — | ₹15.9 crore |
| Manah Wellness ↗U85100KA2020PTC132627 | ₹5.0 crore | ₹-1.4 crore | -27.7% | — | ₹2.0 crore |
| Manastha ↗U85100UP2019PTC116936 | ₹2.3 crore | ₹0.1 crore | +4.8% | — | ₹1.6 crore |
| TerraBlue XT ↗U74900KA2016PTC086802 | ₹1.1 crore | ₹0.2 crore | +17.6% | — | ₹2.9 crore |
| AyurUniverse ↗U72200KA2014PTC075998 | ₹0.6 crore | ₹-0.1 crore | -16.8% | — | ₹0.2 crore |
| Infiheal ↗U62011PN2019PTC182230 | ₹0.1 crore | ₹-1.0 crore | -1437.3% | — | ₹1.7 crore |
Explore full company accounts and filings.
Choose “View accounts” to inspect an available company preview.
Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.
| Industry | Covered / eligible | Revenue total | Median revenue | Net profit / loss | Aggregate margin | Profitable share | Overlap |
|---|
Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.
Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.
The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.
Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.
How the India companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
115 of these companies (29.4%) publish at least one Android app — 139 apps in all, carrying 37.8M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| Clarity: Feel Happy AgainClarity | 15.6M | 4.4 | Lifestyle |
| Amaha: Mental Health TherapyAmaha | 4.9M | 4.2 | Health & Fitness |
| ThinkRight: Meditation & SleepThinkRight.me | 3.3M | 4.7 | Health & Fitness |
| QuitSure: Quit Smoking SmartlyQuitSure | 2.1M | 4.3 | Health & Fitness |
| Evolve: Self-Care & MeditationEvolve | 1.8M | 4.5 | Health & Fitness |
| Atom: Meditation for BeginnersAtom | 1.2M | 4.7 | Health & Fitness |
| Art of Living Meditation, YogaArt Of Living | 1.2M | 4.6 | Health & Fitness |
| Level: Meditation & BreathworkLEVEL | 909.5K | 4.3 | Health & Fitness |
| Neend: Relax, Sleep, MeditateNeend | 813.1K | 4 | Health & Fitness |
| being by lissun: self-therapyBeing | 591.7K | 2.8 | Health & Fitness |
Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.
The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q4–2026Q1).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Disease Self Management | 39 | 23M | Clarity: Feel Happy Again 15.6M | |
| Social Platforms | 2 | 15.6M | Zealopia: Mental Health Chat 662 | |
| Fitness & Wellness Tech | 82 | 13.3M | ThinkRight: Meditation & Sleep 3.3M | |
| Healthcare Booking Platforms | 22 | 5.6M | Amaha: Mental Health Therapy 4.9M | |
| Employee Health It | 27 | 5.5M | MindPeers: Online Therapy 172.9K | |
| Hrtech | 16 | 549.6K | 1to1help 161.5K | |
| Online Health Information | 6 | 177.1K | Emotional Touch 95.8K | |
| Healthcare It | 6 | 83.9K | echo wellness - Sound, Sleep 83.4K |
A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.
New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.
Darker bars are new releases, lighter bars apps updated. 110 of 139 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
Explore the segments behind the headline numbers.
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
The largest measured segment in this report snapshot.
30 companies hiring · $48.65M disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
Mental health startup Amaha (formerly InnerHour) has raised Rs 50 crore in an extended Series A round led by Fireside Ventures.
Mave Health, a neurotechnology startup focused on mental health solutions, raised $2.1 million in a seed round led by Blume Ventures, with participation from multiple angel investors and early-stage funds.
The US-based mental wellness startup Being Cares Inc. was purchased by mental health platform LISSUN.
The creative AI-powered platform for mental health and wellness, GoodLives, has announced that its ₹1.1 crore pre–seed financing round has closed successfully.
Mental health platform LISSUN raised $2.5 million, led by RPSG Capital Ventures and some new investors.
Wundrsight, a digital therapeutics startup focused on revolutionizing mental healthcare through Virtual Reality (VR) technology, has raised $400,000 in a seed funding round led by Inflection Point Ventures (IPV). Social Alpha, along with other angel investors, also participated in the round.
Pune, 14th October 2024: Manah Wellness today announced the launch of myBuddy, world’s first curated AI-based copilot, which delivers significantly improved quality and relevance of responses to the conversations users have on mental health and wellbeing.
Top 4 categories among 17 recorded events in the 24-month window.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| Lissun→Being ↗ | Completed | 2025-07-28 | Not stated in snapshot |
| Gaurav Burman→Mitsu ↗ | Announced | 2023-09-13 | Not stated in snapshot |
| Carlson Rezidor Hotel Group→Chanakya ↗ | Announced | 2016-05-23 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
5,241 postings in the preceding 12 months. The full 5,781-posting snapshot covers 2,452 employers.
323 tracked postings mention remote work.
2,587 postings specify a level.
Top skills across 5,781 tracked postings in the available jobs snapshot.
Median across 434 postings with pay data, expressed in USD.
Advertised posting medians do not describe all employees or roles.
| Company | Open roles |
|---|---|
| YourDost ↗ | 6 |
| Lissun ↗ | 5 |
| Mitsu ↗ | 4 |
| WellBe ↗ | 3 |
| Elfina Health ↗ | 3 |
| Mindery ↗ | 2 |
| UvahCare ↗ | 2 |
| BetterLYF ↗ | 2 |
| Company | Employees |
|---|---|
| Amaha ↗ | 212 |
| Mindpeers ↗ | 112 |
| YourDost ↗ | 84 |
| Yoboshu ↗ | 58 |
| Manah Wellness ↗ | 25 |
| TerraBlue XT ↗ | 25 |
| BetterLYF ↗ | 11 |
| Lissun ↗ | 10 |
288 founders and chief executives across 194 companies.
IMHA, Librum, India Art Fair. Lady Shri Ram College For Women BS 2001, University of the Arts, London MM 2006
Co-Founder & CEO-Sychedelic · Ex-Co-Founder Neuphony, Infineon Technologies · Jaypee Institute Of Information Technology BTech 2015…
Ex-Co-Founder & CEO DYBO. BITS Pilani BE 2020
R Pet Project, ex-Karai Consultants, ex-Deccan Cargo And Express Logistics, Indian Institute of Management, Lucknow, 2024
Ex-Nykaa, YAMINI, Wonga.com, Booz & Company. University of Mumbai BA 2007, University of Warwick MSc 2008, INSEAD MBA 2013
Clarity, ex-An Investment Management Firm, ex-Operasolutions, Indian Institute of Technology, Kanpur, 2016
Ex-Max Life Insurance. Lady Shri Ram College For Women BS 2019
Ex-Xto10x Technologies, Kae Capital, Holachef Hospitality. IIT Bombay BTech, MTech 2014
Mindpeers, ex-Microsoft, ex-Google, Nanyang Technological University
Co-Founder & CEO-DUSQ · Ex-Food Darzee · Topiwala National Medical College, Mumbai Central, Mumbai MBBS 2017
Ex:Performics, Mondelez International, Exxon Chemical. BITS Pilani BE 2010, IIM Ahmedabad MBA 2013
Manah Wellness, ex-Labsadvisor, ex-Tata Strategic Management, Tata institute of Social Sciences, 2004
49 profiles with education records.
6 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
Compare demand signals in India’s newsflow with the mental health tech categories mapped to each signal.
Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.
The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.
Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.
Swipe horizontally to compare all columns →
| Signal family | Signal percentile | Supply percentile | Relative gap | Gap (points) | Signal share vs prior year |
|---|---|---|---|---|---|
| Layoffs & income shocks ↗Spending Pressure | 57.1 | 10.0 | +47.1 | +77.0% | |
| Infectious outbreaks ↗Disease Burden | 35.7 | 10.0 | +25.7 | +4.8% | |
| Ageing & elder care ↗Disease Burden | 50.0 | 40.0 | +10.0 | +82.4% | |
| Air pollution ↗Environmental Driver | 50.0 | 70.0 | -20.0 | -0.0% | |
| Diabetes, hypertension & cardiac burden ↗Disease Burden | 50.0 | 70.0 | -20.0 | +94.6% | |
| Mental health ↗Disease Burden | 64.3 | 100.0 | -35.7 | +54.5% | |
| Cancer burden ↗Disease Burden | 28.6 | — | No matching category | — | +50.5% |
| Maternal & child health ↗Disease Burden | 64.3 | — | No matching category | — | +58.6% |
Showing all 8 signals. Select a family for its history and mapped categories.
All 12 city readings for these demand families in the comparison geography. India is highlighted.
Each city’s reading is a share of its own coverage.
Air pollution · Mental health · Layoffs & income shocks
Mental health · Air pollution · Maternal & child health
Mental health · Maternal & child health · Infectious outbreaks
Mental health · Air pollution · Diabetes, hypertension & cardiac burden
Mental health · Infectious outbreaks · Maternal & child health
Mental health · Air pollution · Maternal & child health
Mental health · Infectious outbreaks · Layoffs & income shocks
Mental health · Maternal & child health · Infectious outbreaks
Mental health · Infectious outbreaks · Maternal & child health
Mental health · Maternal & child health · Cancer burden
Mental health · Air pollution · Infectious outbreaks
Mental health · Infectious outbreaks · Maternal & child health
Layoff cycles can pull discretionary spend back toward value offerings.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 372 | 7.29 |
| 2024Q4 | 229 | 4.52 |
| 2025Q1 | 324 | 6.91 |
| 2025Q2 | 347 | 9.2 |
| 2025Q3 | 591 | 12.25 |
| 2025Q4 | 387 | 10.41 |
| 2026Q1 | 423 | 8.96 |
Outbreak pressure can pull testing, surveillance and rapid-care demand at short notice.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 684 | 13.4 |
| 2024Q4 | 355 | 7.01 |
| 2025Q1 | 831 | 17.71 |
| 2025Q2 | 398 | 10.55 |
| 2025Q3 | 796 | 16.51 |
| 2025Q4 | 394 | 10.59 |
| 2026Q1 | 389 | 8.24 |
An ageing base can shift demand toward geriatric, home and chronic care.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 154 | 3.02 |
| 2024Q4 | 191 | 3.77 |
| 2025Q1 | 234 | 4.99 |
| 2025Q2 | 222 | 5.89 |
| 2025Q3 | 373 | 7.73 |
| 2025Q4 | 238 | 6.4 |
| 2026Q1 | 334 | 7.08 |
Sustained air-quality stress can pull respiratory and cardiac care demand with it.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 1204 | 23.58 |
| 2024Q4 | 3994 | 78.86 |
| 2025Q1 | 1393 | 29.69 |
| 2025Q2 | 539 | 14.29 |
| 2025Q3 | 847 | 17.56 |
| 2025Q4 | 3710 | 99.76 |
| 2026Q1 | 1186 | 25.13 |
Chronic cardiometabolic burden can turn into decades of management demand per patient.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 141 | 2.76 |
| 2024Q4 | 137 | 2.7 |
| 2025Q1 | 154 | 3.28 |
| 2025Q2 | 213 | 5.65 |
| 2025Q3 | 325 | 6.74 |
| 2025Q4 | 263 | 7.07 |
| 2026Q1 | 164 | 3.48 |
Mental-health pressure can pull counselling and tele-psychiatry demand where it surfaces.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 1150 | 22.52 |
| 2024Q4 | 1075 | 21.22 |
| 2025Q1 | 1276 | 27.19 |
| 2025Q2 | 974 | 25.83 |
| 2025Q3 | 1964 | 40.72 |
| 2025Q4 | 1419 | 38.16 |
| 2026Q1 | 1418 | 30.05 |
Cancer burden can pull screening, diagnostics and oncology capacity demand.
This signal has no matching category in the page’s mental health tech market map, so no supply percentile or gap is assigned.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 196 | 3.84 |
| 2024Q4 | 272 | 5.37 |
| 2025Q1 | 331 | 7.05 |
| 2025Q2 | 206 | 5.46 |
| 2025Q3 | 366 | 7.59 |
| 2025Q4 | 307 | 8.25 |
| 2026Q1 | 379 | 8.03 |
Maternal and child burden can pull immunisation, nutrition and pediatric care demand.
This signal has no matching category in the page’s mental health tech market map, so no supply percentile or gap is assigned.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 456 | 8.93 |
| 2024Q4 | 369 | 7.29 |
| 2025Q1 | 366 | 7.8 |
| 2025Q2 | 376 | 9.97 |
| 2025Q3 | 722 | 14.97 |
| 2025Q4 | 440 | 11.83 |
| 2026Q1 | 504 | 10.68 |
India mental health tech coverage
BMC Microbiology
494 citations in the snapshot
Indian Journal of Ophthalmology
407 citations in the snapshot
Cureus
341 citations in the snapshot
Emerging infectious diseases
326 citations in the snapshot
India coverage of this page's demand families
| Keyword | Recent articles | Prior articles | Share change |
|---|---|---|---|
| frailty hypertension | 60 | 22 | 205.4% |
| exercise fatigue oncology | 56 | 22 | 185.1% |
| hypertensive cardiomegaly | 61 | 25 | 173.2% |
| geriatric deaths | 48 | 20 | 168.8% |
| crib death | 57 | 24 | 166.0% |
| negligence fatalities | 49 | 22 | 149.4% |
Share changes describe coverage in the stated comparison periods, not search demand or market size.
Company counts, hiring and disclosed funding across the recorded hubs.
32.0% across the displayed hubs
6 companies hiring · $10.3M disclosed funding
Explore companies in Bengaluru ↗
20.6% across the displayed hubs
3 companies hiring · $7.3M disclosed funding
Explore companies in Delhi ↗
17.8% across the displayed hubs
5 companies hiring · $26.5M disclosed funding
Explore companies in Mumbai ↗
9.1% across the displayed hubs
2 companies hiring · $1.1M disclosed funding
Explore companies in Pune ↗
6.7% across the displayed hubs
2 companies hiring · $664.8K disclosed funding
Explore companies in Gurugram ↗
5.1% across the displayed hubs
0 companies hiring · $0 disclosed funding
Explore companies in Hyderabad ↗
4.3% across the displayed hubs
2 companies hiring · $276.1K disclosed funding
Explore companies in Jaipur ↗
4.3% across the displayed hubs
0 companies hiring · $498.1K disclosed funding
Explore companies in Chennai ↗Clear definitions for making better comparisons.
It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.
No. A company can belong to several segments, so segment counts and funding can overlap.
A dash or unavailable panel means the current reviewed source snapshot does not support that figure.
Company ecosystem snapshot: 3 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.
Canonical landscape ↗