India's largest platform and marketplace for GCCs & AI

Sign in

India's largest platform and marketplace for GCCs & AI

3AI Digital Library

Mental Health Startup Wysa backed by Google In Series A Round

3AI December 14, 2020

Wysa is artificial intelligence (AI)-driven virtual coach that combines empathetic listening with evidence-based therapeutic techniques

Bengaluru-based mental health startup Wysa is looking to raise funds from Google, the company’s filings with the ministry of corporate affairs (MCA) confirm. 

The filings, which contain Wysa parent Touchkin Eservices Private Limited’s articles of association (AOA), read, ‘“Series A1 Investor” shall mean Google International LLC.’

Further, in the annual information statement, contained in the annexure of the company’s amended AOA, Google International LLC is again stated as the investor. 

Wysa didn’t respond to Inc42’s queries about the investment from Google, while supporting filings about the extent or nature of the investment were not accessible. 

It is worth mentioning that Wysa was a part of the first batch of 10 startups for Google Launchpad Accelerator India, held in 2018. This year, ‘Sleep by Wysa’ app was given the best app award by the Google Play Store.

Founded in 2015 by Jo Aggarwal and Ramakant Vempati, Wysa is an artificial intelligence (AI)-driven virtual coach which combines empathetic listening with evidence-based therapeutic techniques like cognitive behavioural therapy (CBT), meditation and motivational interviewing. 

According to data on Crunchbase, Wysa has raised $3.9 Mn from three funding rounds till date. The company last raised $2 Mn in its pre-Series A round in June last year led by pi Ventures, with participation from Kae Capital and other investors. 

 

    3AI Trending Articles

  • Algorithms to take Digital Businesses to Next Level

    Digital transformation is vital for business growth, but working out what to do and how to do it remains difficult for IT and business leaders.  At its heart, the digital revolution is about consumer behavior and business opportunity, not technology. The major changes in how consumers use technology, and to where technology is applied, represent […]

  • Telco Evolution: Expanding Beyond the Core

    Featured Article: Author: Siddharth Shah, Airtel In today’s rapidly changing digital world, telecom players are undergoing a transformation from being mere connectivity service providers to becoming comprehensive digital platforms. This is driven by the interplay of dynamically evolving customer expectations and opportunities for long-term growth. Telcos are diversifying their offerings and in fact, a McKinsey […]

  • New 2D tag with AI authentication to spot counterfeit products Faster & Accurately

    The authentication process takes under 3.5 minutes to complete, and involves scanning the tags under an electronic microscope to obtain the PUF pattern, which is sent to the AI-driven software for validation. A new anti-counterfeiting technique uses two dimensional (2D)-material tags along with artificial intelligence (AI)-driven authentication software, and promises to deliver faster, more accurate […]

  • Google investigates ethical AI team member over sensitive data handling

    Google’s diversity efforts have been questioned by employees and adds to years of angst, including several resignations and firings in the AI department. Alphabet Inc’s Google is investigating a member of its ethical AI team and has locked the corporate account linked to that person after finding that thousands of files were retrieved from its […]