InnerHour, a mental health platform, has raised $5.2 million from venture capital firm Lightbox, making this one of the largest fundraise in the Indian mental health ecosystem till date. Lightbox led the funding with an investment of $4.5 million. Other angel investors who participated included Capricorn Ventures & Micasa Investments (Singapore), Pankaj Sahni, CEO Medanta–The Medicity Hospitals and Hitesh Oberoi, CEO & MD, Info Edge India Pvt. Ltd.
InnerHour will use this funding to scale its technology-led mental health platform, as it gets set to serve a section of the 200 million Indians currently suffering from mental health conditions, the company said in a statement.