Evolve raises Rs 3 crore in funding

8 Sep 2022 , 10:36 AM

Rajesh Ranavat, executive director of Fund Strategic Holdings, led a Rs 3 crore fundraising round for mental health startup Evolve.

Dineout founders Ankit Mehrotra and Nikhil Bakshi, as well as senior global executives from Meta and McKinsey, took part in the round.

Evolve, launched in 2020 by Anshul Kamath and Rohan Arora, has over 250,000 users worldwide. The software and its proprietary UI provide users with a virtual safe place as well as personalized, evidence-based therapies to help them improve their mental health.

Evolve also addresses the mental health needs of the underserved LGBTQ+ population.

The company’s app was awarded the Best App for Personal Growth in 2021 by Google Play.

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