Lissun

Image for Lissun

Overview

Lissun is a tech-enabled mental health startup based in Gurgaon, India. It provides psychological support through a mobile platform that caters to individuals' mental and emotional wellness needs. Founded in 2021 by Krishna Veer Singh and Tarun Gupta, the company aims to tackle mental health issues at scale. Lissun has raised approximately $5 million in funding to date, with notable investors including RPSG Capital Ventures and Rainmatter Capital.

Recent Developments

  • September 2023: Lissun raised $1.3 million in a seed round led by Inflection Point Ventures and Rainmatter Capital. The funds are intended for tech enhancement and service expansion.
  • September 2024: The startup secured $2.5 million in pre-Series A funding led by RPSG Capital Ventures, with participation from Multiply Ventures and Atrium Angels.
  • New Partnerships: Lissun has been forming strategic partnerships with healthcare, corporate, and educational institutions to address high-stress issues related to chronic illnesses, exam anxiety, and workplace stress.
  • Expansion: The company plans to extend its services to 25 cities by the end of the year and currently operates in 17 cities across India.

Company Information

AttributeInformation
Founding Date2021
HeadquartersGurgaon, India
FoundersKrishna Veer Singh, Tarun Gupta
RevenueNot Disclosed
ProfitsNot Disclosed
Key InvestorsRPSG Capital Ventures, Rainmatter Capital, Inflection Point Ventures
IndustryMental Health Technology
Number of EmployeesNot Disclosed

Early History

Lissun was founded in 2021 by Krishna Veer Singh and Tarun Gupta to address the growing mental health crisis in India. Initially, the platform focused on providing mental health support to high-stress use cases, such as infertility, oncology, and nephrology, through partnerships with medical establishments. The company's early growth was fueled by seed funding, enabling them to build robust technological solutions for mental health.

Company Profile and Achievements

Lissun employs a B2H2C (business-to-hospital-to-consumer) model to make mental health solutions accessible and affordable. The platform uses technology to offer personalized wellness journeys, therapeutic content, and self-diagnosis tools. Some notable milestones include:

  • Client and User Base: Surpassed 200 B2B clients and served over 20,000 individuals.
  • Funding: Raised a total of $5 million with significant rounds in 2023 and 2024.
  • Innovations: Launched an innovative tech portal to assist students during competitive exams, leveraging AI tools to design personalized support systems.
  • Recognition: Featured in multiple media outlets for its groundbreaking work in mental health.

Current Operations and Market Position

Lissun continues to expand its footprint across India, aiming to have a physical presence in over 25 cities. The platform stands out by offering specialized support for various mental health needs like stress, anxiety, and chronic illnesses. By employing a multidisciplinary team of psychologists, special educators, and therapists, Lissun ensures a comprehensive care model. The company's use-case-based approach and strong tech infrastructure provide it with competitive advantages in the mental health space.

Conclusion

Lissun has emerged as a significant player in the mental health industry, leveraging technology to provide accessible and comprehensive mental wellness solutions. With continued expansion and robust funding, the company is poised to make a substantial impact in addressing mental health challenges at scale in India.

References

  1. Tracxn
  2. LinkedIn
  3. Crunchbase
  4. Entrackr
  5. The Hindu Business Line
  6. Pitchbook
  7. Outlook Business
  8. Entrepreneur
  9. ZeeBiz
  10. Infomance