Gurugram-based mental wellness platform Lissun is in advanced talks to raise around ₹45 crore ($4.7 million) in a Series A funding round led by Mumbai-based venture capital firm Colossa Ventures, according to inc42.com. The round will also include participation from Lissun’s existing investors such as Rainmatter, IPV, and RPSG. The startup is expected to be valued at approximately ₹140 crore ($15 million).
Founded in 2021 by Krishna Veer Singh and Tarun Gupta, Lissun offers tech-enabled mental and emotional health services connecting individuals with psychologists, psychiatrists, counsellors, and other specialists through both online and offline channels. The platform also provides self-help tools, child development services, and enterprise mental wellness programmes. The talks come nearly two years after Lissun raised $2.5 million in a pre-Series A round led by RPSG Capital Ventures, which included participation from Multiply Ventures, Atrium Angels, IvyCap Ventures, and Rainmatter.
Lissun’s focus on accessible mental healthcare aligns with growing demand for digital health solutions in India. The startup’s network of specialists spans psychologists, psychiatrists, speech therapists, occupational therapists, counsellors, and special educators, aiming to address mental health and developmental concerns early. The funding round would position Lissun among notable mental wellness startups attracting significant capital, reflecting increased investor interest in the sector.
The Series A round led by Colossa Ventures is expected to close soon, marking a key milestone for Lissun as it scales its services across India. The company’s last funding event was in 2024, when it raised $2.5 million in a pre-Series A round, according to inc42.com.