MindPeers is an AI platform that assists in mental health, find out more about the company and its experience on Shark Tank India 2 along with the founder
It goes without saying that mental health is important for our general well-being, yet many Indians are still hesitant to talk about it or seek treatment. Even though the topic is widely discussed these days, very few people provide viable solutions.
Now that individuals have begun creating different enterprises based on mental health, the subject is steadily becoming a hot issue in the business world. Taking this to the news level, this week’s episode of Shark Tank India season 2 featured sound bodies and healthy minds.
The newest firm to enter the well-known show is MindPeers, which seeks to combat it through gamification. The company not only came on the show but also got investment from sharks. Since then, it has become the talk of the town, with many people trying to find out more about it. So, here’s what we know about it.
MindPeers on Shark Tank India, episode, founder, deal funding, valuation, net worth in 2023
| Mindpeers Shark Tank India Episode Number | Shark Tank India Season 2, Week 6 Episode 29 |
| Mindpeers Shark Tank India Episode Air Date | 9 February 2023 |
| Mindpeers Founder Name | Kanika Agarwal |
| Mindpeers Ask In Shark Tank India | ₹53 lakh for 1% equity |
| Mindpeers Deal In Shark Tank India | ₹53 lakh for 1% equity |
| Mindpeers Company Valuation | ₹53 crore |
| Mindpeers Investor Name | Aman Gupta, Namita Thapar, Vineeta Singh, Peyush Bansal |
| Mindpeers Official Website | Mindpeers Website |
More about MindPeers
MindPeers is an AI platform that, in addition to other services, assists with scheduling treatment appointments, and offers tools for self-help, as well as games based on neuroscience.
A firm with a Delhi headquarters that calls itself “Asia’s fastest growing mental strength platform” was founded by Kanika Agarwal in 2020. The creator says that it has a unique algorithm that examines how significant facets of your life, such as your work, financial situation, and relationships, are having an effect on your brain. She attended Nanyang Technological University in Singapore to earn her undergraduate degree.
In July 2021, Sahil Chitkara became a co-founder of MindPeers after an investor set up a meeting between him and Agarwal. Chitkara earned a Bachelor of Science in Computer Engineering from Maharshi Dayanand University in Rohtak.
30,000 individuals are now active monthly on MindPeers. Users can also access some commercial services, such as real-time responses from psychologists, by paying Rs. 350 per month. There are currently 3,500 paying users and six psychologists employed by the company.
Its experience on the show
The founders of MindPeers requested Rs. 53 lakhs from the sharks in exchange for a 1% stake. Sharks understood that healthy living and the ability to express one’s opinions were essential for humankind.
The agreement was struck between the three sharks Vineeta, Namita, and Peyush, and the founders for Rs. 1.06 crores against 2% equity.
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