Answering the growing demands and requirements within the mental health technology space, Mave Health, a pioneering mental health-tech startup, has secured an impressive INR 6 Cr in pre-seed funding. This landmark investment round was spearheaded by All-In Capital and Utsav Somani’s iSeed Fund, with significant contributions from a distinguished lineup of investors including Bharat Founders Fund, Deepinder Goyal (Zomato), Kunal Shah (CRED), and many more industry leaders. The infusion of funds marks a pivotal moment for Mave Health as it prepares to unveil its flagship innovation – Arc, India’s first non-invasive brain stimulation wearable designed to combat depression safely and effectively from the comfort of one’s home, without any adverse side effects.

Founded in 2023 by Dhawal Jain, Jai Sharma & Aman Kumar, Mave Health is on a mission to redefine mental healthcare by developing human-centric, evidence-based programs that prioritize mental well-being. Arc, the brainchild of Mave Health’s visionary team, represents a paradigm shift in mental health treatment, offering individuals a groundbreaking solution to alleviate depression symptoms and enhance brain health. Developed in collaboration with esteemed experts from Harvard Medical School, Maastricht University, and other leading research institutions, Arc has undergone rigorous testing, demonstrating significant efficacy in improving cognitive function and treating depression.

Dhawal Jain, Founder and CEO of Mave Health, expressed his dedication to addressing the longstanding neglect and underfunding of mental healthcare in India. He emphasized Mave Health’s commitment to leveraging cutting-edge technology to offer accessible and effective solutions that seamlessly integrate into individuals’ lifestyles.

Commenting on the investment, Kushal Bhagia of All-In Capital hailed Mave Health’s innovative approach in tackling mental health challenges, citing the urgent need for non-invasive, self-managed solutions in a country where mental health issues remain largely undiagnosed and stigmatized.

Utsav Somani of iSeed Fund echoed this sentiment, lauding Arc as a transformative advancement in mental healthcare that promises to revolutionize how depression is managed, paving the way for a future where wearable technology plays a pivotal role in personalized healthcare.

Mave Health’s pioneering initiative doesn’t stop at product development – the company has also launched a comprehensive 12-week program offering unlimited sessions with a team of experts including doctors, psychologists, nutritionists, and fitness coaches. Furthermore, Mave Health has forged strategic partnerships with psychologists, hospitals, and private clinics across India to ensure widespread accessibility of Arc.

With its unwavering commitment to excellence and innovation, Mave Health is poised to set a new standard in mental healthcare, ushering in a future where technology empowers individuals to take control of their mental well-being like never before.

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