The first integrated incubator in India and a top investor in early-stage startups, Venture Catalysts, has invested $500,000 in MindPeers, an AI-powered gamified mental wellness platform.
In addition to them, significant investors from the gaming sector Goodwater Capital, Magic Fund, Ministry of Electronic and IT, and others took part in the seed investment round, as per reported by Entrepreneur.com.
A Mental Strength Platform MindPeers’s app incorporates mental stability and biomarkers, and it makes use of various digital tools, with the goals of fostering mental well-being and enhancing overall performance.
Read also – Adda247 Appoints Chandan Singh As Co-Founder
“There has been so much on the funding winter but mental health space in Asia has fought this from decades. Finally as the demand to be mentally fit has increased, awareness on how critical our minds are for high performance, mental healthcare is seeing its daylight. We at MindPeers want to lead the adoption of mental fitness from a scientific perspective and make it an integral part of everyday routines. We are proudly made in India for the world,” said Kanika, CEO, MindPeers.
MindPeers is a Software-as-a-Service (SaaS) startup that offers an app that analyses mental fitness and identifies the connection between mental health and biomarkers. It was founded by Kanika Agarwal and Sahil Chitkara.
Read also – [Funding alert] Senior Care Platform Athulya Raises INR 77 Crore from Morgan Stanley India Infrastructure
“Mental health came to the fore as one of the most pressing concerns during the pandemic, requiring urgent action from people across the world. MindPeers offers an innovative, creative and engaging platform to address the issue while providing a holistic platform to promote health and well-being. We are exhilarated to become a part of MindPeers’ journey, and look forward to building the novel startup in the time ahead,” said Dr. Apoorva Ranjan Sharma, founder, Venture Catalysts.
MindPeers is Asia’s fastest-growing Mental Strength Platform helping you optimize the way you think, feel and act. MindPeers combines technological empathy and human expertise to provide science-backed interventions and personalized modules, setting a new industry standard in behavioral health care for businesses.
Read also – [Funding alert] Agritech Startup Cropin Secures Rs 113 Cr From Google, Others