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

  • Cloud Infrastructure market: Amazon, Microsoft, and Google continue to thrive

    Even in the middle of a pandemic, companies including Amazon, Microsoft, and Google continue to thrive thanks to their control over the cloud infrastructure market. When we talk about regulating big tech, the discussion usually centers on online privacy and location tracking, but we never seem to discuss the control these companies have over a vast […]

  • Generating powerful learning experiences!

    Featured Article: Author: Amita Mirajkar, EXL As technology permeates every aspect of our lives, the education sector stands on the verge of a transformative change, courtesy Generative AI. Last few months, we have seen a surge of concern across institutions of higher learning as Generative AI programs, such as ChatGPT, gain popularity. According to MarketResearch, Generative […]

  • Future Proofing GCCs

    For a while now, India has been driving back-office functions for some of the large enterprises across the world. However, over the past few years, it has taken giant strides towards becoming the innovation hub of the world, by adding strategic value to multi-billion-dollar businesses from around the world, through Global Capability Centres (GCCs) based […]

  • Major Cybersecurity Incidents of 2020

    From ransomware schemes to supply chain attacks, this year melded classic hacks with extraordinary circumstances. WHAT A WAY to kick off a new decade. 2020 showcased all of the digital risks and cybersecurity woes you’ve come to expect in the modern era, but this year was unique in the ways Covid-19 radically and tragically transformed life around the […]