What is InnerHour?
InnerHour, operating as Amaha, is a prominent provider of online therapy and psychiatry services across India. The company employs a bio-psycho-social model to deliver comprehensive mental health support, encompassing services for adults, children, youth, and couples, alongside community programs. Amaha's mission is to assist individuals in overcoming mental health challenges such as depression, anxiety, and ADHD, thereby fostering a holistic ecosystem for mental well-being and enabling clients to lead fulfilling lives. The company's strategic investment indicates a strong market position and potential for scaling its innovative healthcare solutions.
How much funding has InnerHour raised?
InnerHour has raised a total of $5.7M across 2 funding rounds:
Private Equity
$450K
Unspecified
$5.2M
Private Equity (2017): $450K with participation from Batlivala & Karani Securities India Pvt. Ltd.
Unspecified (2021): $5.2M led by Lightbox, Capricorn Venture Partners, Pankaj Sahni, Hitesh Oberoi, and Micasa Property Investments
Key Investors in InnerHour
Lightbox
Lightbox is a Mumbai-based venture capital firm with $450 million in assets under management, specializing in concentrated investments in differentiated businesses targeting India's consumption market. They have a strong track record in building global technology businesses from India.
Capricorn Venture Partners
Capricorn Partners is an independent manager focused on venture capital, growth capital, and quoted equity funds, targeting innovative technology-leveraging companies primarily in Europe across digital, health, and clean technologies.
Batlivala & Karani Securities India Pvt. Ltd.
Established in 1875, B&K Securities is a financial services firm that combines Indian values with international professionalism, offering unbiased and in-depth financial advice to institutional and corporate clients.
What's next for InnerHour?
With the recent major strategic investment, InnerHour (Amaha) is poised for accelerated growth and expansion within India's burgeoning digital health sector. The substantial capital infusion is expected to fuel further development of its comprehensive mental healthcare ecosystem, enhance service delivery, and potentially broaden its reach to new demographics and regions. This funding round signals a strong investor confidence in Amaha's business model and its capacity to address critical unmet needs in mental healthcare, positioning the company for significant advancements in its mission to improve mental well-being nationwide.
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