Lissun, a mental health platform, has raised $2.5 million in a pre-series A funding round led by RPSG Capital Ventures. The round also saw participation from new investors such as Multiply Ventures and Atrium Angels joining in, along with continued support from existing investors like Ivycap Ventures, Rainmatter, and Sucseed Ventures.
This latest funding brings the company’s total capital raised to $5 million. In September 2023, Lissun raised $1.3 million in a seed round led by Inflection Point Ventures (IPV) and Rainmatter Capital (Zerodha Group) and others.
Krishna Veer Singh, co-founder & Chief Executive Officer, Lissun, said, “This Pre-Series A funding reinforces Lissun’s mission to solve mental health at scale. It equips us with the crucial resources needed to expand our services, enhance our technology, grow our team, and increase our reach. With this investment, we are further empowered to deliver high-quality, accessible mental health care to those who need it most, driving significant advancements in the field and setting new benchmarks for excellence in mental health care across India.”
Sambit Dash, Partner, RPSG Capital Ventures, said, “We have been closely observing the evolution of mental health solutions in India and are impressed by Lissun’s innovative approach through their phygital model. Our investment reflects our confidence in their vision and the potential to expand their reach, ultimately benefiting millions.”
Vikram Gupta, Founder and Managing Partner, IvyCap Ventures said, “Our continued investment in Lissun reflects our unwavering confidence in their mission and the immense potential they hold to transform mental health care across India. Lissun’s dedication to addressing both awareness and accessibility issues within mental health, especially through the Sunshine division, sets them apart in the industry. As they scale their impact on mental health and development issues, we believe they are poised to make notable strides in offering critical support where it’s most needed, fostering a positive change in the mental health landscape.”
Tarun Gupta, director and co-founder, Lissun said, “This funding marks a significant milestone in our journey at Lissun. From the beginning, we’ve been dedicated to expanding mental health care by leveraging technology, and now, with the rapid advancements in AI, we are poised to take this further. This boost will empower us to develop AI-driven solutions. Our unique insights from our physical centres will allow us to create robust, effective products that make a real difference in the lives of families.”
Co-founded by Dr. Krishna Veer Singh, Lissun collaborates with healthcare, corporate, and educational institutions, delivering integrated solutions to address high-stress challenges like chronic illnesses, exam anxiety, and workplace pressure.
Through a division called Sunshine by Lissun, the company claimed to offer world-class child development services in neurodevelopmental and behavioural disorders, such as Autism Spectrum Disorder, Attention-Deficit/Hyperactivity Disorder (ADHD), Learning Disorders etc.
Lissun employs psychologists, special educators, speech therapists, occupational therapists, and behavioural therapists and through its unique model, effectively reaches individuals who may be unaware of their mental health and developmental issues, offering contextualised support and comprehensive care at their point of need.
