Manah Wellness - About the company
Manah Wellness is a seed company based in Pune (India), founded in 2020 by Sunil Nikhar, Ritika Arora and Ashwin Naik. It operates as a Provider of corporate wellbeing and mental health solutions. Manah Wellness has raised $664K in funding from IIMA Ventures and Alpha Ori Investments, with a current valuation of ₹*****. The company has 604 active competitors, including 136 funded and 19 that have exited. Its top competitors include companies like Spring Health, Calm and Headspace.
Company Details
Provider of corporate wellbeing and mental health solutions. It offers tailored solutions to empower employees and promote holistic growth. The platform offers innovative tools, resources, and expert guidance to support employee wellbeing and engagement. It aims to create emotionally healthy workplaces through preventive mental health strategies.
- Website
- www.manahwellness.com/
- Social
- Registered Address
- A 7, Mims Gulmohar, Ecc Road, Whitefield, Bangalore, BANGALORE, Karnataka, India, 560066
Legal entities associated with Manah Wellness
Manah Wellness is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MANAHWELL HEALTHCARE PRIVATE LIMITED CIN: U85100KA2020PTC132627 , India, Active | Feb 13, 2020 | $616K (As on Mar 31, 2025) | 25 (As on Dec 31, 2024) |
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Manah Wellness's funding and investors
Manah Wellness has raised a total funding of $664K over 3 rounds. Its first funding round was on May 04, 2021. Its latest funding round was a Seed round on Mar 17, 2023 for $*****. 2 investors participated in its latest round. Manah Wellness has 6 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of Manah Wellness:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 17, 2023 | 4655372 | Seed | 7274388 | 6976319 | 8332657 | 9133671 |
Apr 06, 2022 | 7469706 | Seed | 2470431 | 4558456 | 9019695 | |
May 04, 2021 | 3060454 | Seed | 9604811 | 9732263 |
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Manah Wellness' founders and board of directors
Founder? Claim ProfileThe founders of Manah Wellness are Sunil Nikhar, Ritika Arora and Ashwin Naik. Ashwin Naik is the CEO of Manah Wellness.
Here are the details of Manah Wellness' key team members:
- Sunil Nikhar: Former Co-Founder of Manah Wellness and founder of 2 other companies, Digilant Solutions and Digilant Solutions. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 email address
- Ritika Arora: Co-Founder & COO of Manah Wellness. They serve on the board of 1 company.
- Ashwin Naik: Co-Founder & CEO of Manah Wellness. They serve on the board of 1 company.
Manah Wellness' Board of Directors
Manah Wellness's board has 2 active members. Ritika Arora and Ashwin Naik are part of team.Here is the list of Manah Wellness' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 9m | |
Team | - | Current | 6y 1m | |
Independent board member | - | Current | 2y 9m |
View details of Manah Wellness's Founder profiles and Board Members
Manah Wellness' employee count trend
Manah Wellness has 25 employees as of Dec 24. The total employee count is 14.0% more than what it was in Dec 23. Here is Manah Wellness's employee count trend over the years:
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Manah Wellness's Competitors and alternates
Top competitors of Manah Wellness include Spring Health, Calm and Headspace. Here is the list of Top 10 competitors of Manah Wellness, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Spring Health 2016, New York City (United States), Series E | Tech enabled mental healthcare solutions and health plans for employers | $509M | 81/100 | |
2nd | Calm 2012, San Francisco (United States), Series C | Digital wellness platform | $225M | 79/100 | |
3rd | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 75/100 | |
4th |  Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
5th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 74/100 | |
6th |  Cerebral 2020, San Francisco (United States), Series C | Provider of online counseling services for mental health conditions | $462M | 74/100 | |
7th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 | |
8th | Provider of online therapy, psychiatry services, and mental healthcare support | $20.6M | 70/100 | ||
9th | Modern Health 2017, San Francisco (United States), Series D | Provider of employee mental health wellness platform | $170M | 69/100 | |
10th |  Unmind 2016, London (United Kingdom), Series C | Cloud-based mental well-being program for employers | $109M | 69/100 | |
43rd | Manah Wellness 2020, Pune (India), Seed | Provider of corporate wellbeing and mental health solutions | $664K | 50/100 |
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Manah Wellness's Latest cap tables and shareholding
Founders (largest shareholder) own 41.49%, Funds own 5.00%, Enterprises own 9.23% and Angels own 8.90%. The net worth of Manah Wellness's founders is INR 10.6Cr as of Mar 17, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 41.49% | 10.6Cr | 8265656 | 2383300 | 4237062 | 2436575 |
6149079 | 5663749 | 7799571 | 6938503 | 9960438 | 8957026 | |
2271651 | 5032240 | 8256455 | 8130335 | 9590921 | 5141517 | |
Fund | 5.00% | 1.27Cr | 5807 | 7206 | 3617 | 2010 |
6 | 5 | 1 | 4 | 8 | 6 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 9.23% | 2.35Cr | 9854522 | 4052565 | 2137972 | 2070659 |
Angel | 8.90% | 2.27Cr | 2588428 | 4797311 | 5743848 | 3458328 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 22.15% | 5.65Cr | 8076887 | 8274205 | 9583411 | 8328803 |
ESOP Pool | 13.24% | 3.38Cr | 8701756 | 7046282 | 7638748 | 2066099 |
Total | 100.00% | 25.5Cr | 6962337 | 2129405 | 5933649 | 9421053 |
To unlock detailed Cap Table of Manah Wellness Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Manah Wellness's Shareholding
Manah Wellness's Investments and acquisitions
Manah Wellness has made no investments or acquisitions yet.
News related to Manah Wellness
•
Manah launches first curated AI-based copilot for mental wellbeingAdgully•Oct 28, 2024•Manah Wellness
•
Manah launches a curated AI-based copilot for mental wellbeingExpress Computer•Oct 10, 2024•Manah Wellness
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