Lissun will use the freshly raised investment to strengthen the product’s technology backbone
Lissun has announced the closing of their ~$ 1 million pre SEED fundraise round. The round led by IvyCap Ventures.
On the Fund Raise, Dr Krishna Veer Singh, Co-Founder, Lissun affirmed, “While we always wanted to get into the mental health and serve the customers, it was a challenge to devise the most effective way. The model we work on reaches a wider audience and penetrates deeper into the challenge. The very fact that mental and emotional issues can be an underlying problem in many medical cases is what we have identified and are working on proactively. This model has enabled impressive growth in all aspects of the brand. And with this round, it is established that the concept and model have also gained investors’ trust. We are glad that with the right mentorship from the investors, we will be able to accelerate our pace towards achieving our ambition of solving mental health at scale in India and beyond.”
Lissun will use the freshly raised investment to strengthen the product’s technology backbone. It will also utilise a part of the fund to expand to 25 cities and 5 new categories.