May 16, 2024

Amaha with its deep clinical expertise and unique business model across digital and offline clinics will be able to solve for awareness and access to a wider audience

Amaha, a leading mental health organisation (formerly known as InnerHour), announced securing an investment of over Rs 50 crore as an extended series A round. This round of funding was led by Fireside Ventures investing Rs 36.4 crore as well as additional investment of Rs 15+ crore by other strategic investors. Over time, Amaha has successfully raised one of the largest investments in mental health in India.

Dr Amit Malik, Founder and CEO, Amaha, stated, “The Rs 50+ crore infusion helps consolidate Amaha’s position as the leading mental healthcare provider in India and accelerates the company’s strategic expansion plans, as it continues to address the dynamic mental health challenges faced by individuals, families and organisations across the country. The partnership with Fireside Ventures creates exciting possibilities for cross-sectoral collaborations, propelling Amaha’s efforts to mainstream mental health access to all those in need.”

Ankur Khaitan, Principal, Fireside Ventures said, “At Fireside, our outlook is to look for companies building for well-being and in that context, the space of addressing mental health issues is a large unmet need in India. Amaha with its deep clinical expertise and unique business model across digital and offline clinics will be able to solve for awareness and access to a wider audience.”

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