Amaha set to close ₹100 crore fundraise to expand mental healthcare network

Integrated mental healthcare provider Amaha is set to close a ₹100 crore fundraise to expand its hospital and clinic network across India and strengthen its clinical capabilities.

The round includes participation from existing investors Lightbox Ventures and Fireside Ventures, alongside London-based life skills platform Sandbox International Holdings Limited, Nithin Kamath through Rainmatter, and the family offices of Shreyas Shibulal, Ashish Bharat Ram and Adarsh Jalan. The fundraise also includes ₹10 crore in debt financing from Alteria Capital.

The capital will be used to establish new hospitals and clinics in key cities, strengthen clinical teams and invest in technology to expand access to specialist mental healthcare, the company said.

“Over the years, working with lakhs of individuals and families, we have seen how important it is for people living with mental illness to get the right care at the right time, with their families supported along the way,” said Dr Amit Malik, psychiatrist, founder and CEO of Amaha.

“Our focus now is on deepening our clinical expertise and further building the infrastructure and systems needed to make evidence-based specialist mental healthcare accessible to more individuals and families across India, while maintaining high quality of treatment,” he added.

Amaha plans AI investments, clinical expansion

The company plans to invest in clinical training, supervision and evidence-based treatment protocols as it expands its network. It will also explore AI-enabled tools for patient triage and clinician support, alongside data analytics to help clinical teams coordinate treatment, track outcomes and improve care delivery.

Founded in 2016, Amaha offers digital self-care, outpatient consultations, inpatient treatment and community support. It operates nine centres across Bengaluru, Delhi-NCR and Mumbai, and provides services in more than 15 languages.

The company has delivered more than 450,000 therapy and psychiatry sessions to over 100,000 clients. Its clinical network comprises more than 270 mental health professionals, while its peer-support communities have over 65,000 members.

Amaha launched a 27-bed super-specialty mental health hospital in Bengaluru in 2025. Its second hospital, a 55-bed facility in south Bengaluru, is scheduled to begin operations by the end of December 2026.

Report flags delays in seeking mental healthcare

Amaha's Mental Health Report 2026, based on responses from 13,825 people, found that 53% of respondents had lived with mental health concerns for more than a year before seeking professional help. Nearly 95% reported experiencing two or more mental health concerns simultaneously.

The findings point to the need for timely assessment and continued treatment, the company said.