Mindhouse gets $6-million seed funding from Binny Bansal, others

Mumbai: Mindhouse, a Gurugram-based curative wellness platform, has raised $6 million (about Rs 45 crore) in a seed funding round led by Flipkart’s cofounder Binny Bansal.

General Catalyst, Better Capital, Kwaish Capital, Anicut, and Mindhouse founders Pooja Khanna and Pankaj Chaddah participated in the fundraising, as did a clutch of angel investors.

Founded in late 2019 by Pooja Khanna and Pankaj Chaddah, Blacktail Mindhouse Pvt. Ltd. started with a focus on mental wellness but subsequently pivoted to a broader domain of curative wellness. The company plans to rebrand in early 2022 to reflect this shift, according to a statement.


"Patients suffering from any long-drawn health condition (even pregnancy) always require a change in lifestyle in addition to clinical care,” Khanna said. “60% of the consumer spends in the $4.5-trillion wellness industry go into curative wellness, this provides a great opportunity to build an impact-oriented business.”

Mindhouse, at present, generates 75% of its revenue from India and is looking to increase the global share of business in the next 12 months.

"I have loved the approach Mindhouse has taken towards wellness and believe in the experience Pooja and Pankaj carry. I'm excited to be a part of this," Binny Bansal said in the statement.

With inputs from PTI.