An artificial intelligence driven tool called Mindpeers examines your mental strength and actively enhances it. This is predicated on someone’s career, financial situation, and relational standing. They have created tools for modifying behaviour and developing habits as well as in-house neuro science games. They are growing internationally and have more than 3.5 lakh members. Seeking investment of ₹53 Lakhs for 1% of the business, they received appraisal of ₹53 Crores.
Originally a market for therapists, Mindpeers changed their approach to match their initial investor, Sanjay Mehta. At ₹33.75 Crore valuation, he made overall ₹1.12 Crores investments. Right now, they are also doing another major round from which this investment will be included. Sahil has 25%; Kanika still owns seventy percent of the business. The remaining is with investors or financial advisers.
Their first offering is an app whereby users complete a form to learn their strength. Then they advise individuals to raise their initial score. A second layer of assessment is their game as well. Their hero, though, is the Mindpeers club, which responds to your postings online with six psychology notes. Its all a paid service, costing ₹350 a month, and at the time of pitch they had 3500 paid clients. Monthly active users of theirs total 35,000. Their main approach of business is B2B.
October Mindpeers: ₹16.5 Lakhs; ₹10 lakh came from B2C and the remaining ₹ came from B2B. Only a few months ago, they introduced the B2B concept, and already they have struck agreements with firms for ₹22 lakhs.
Company Name: Mindpeers
Founder: Sahil Chitkara & Kanika Agarwal
Product: Mental Health App
Highlights
1. Artificial intelligence-powered mental health analytics tracks development using data-driven insights for self-assessment.
2. Offers access to licensed therapists and guided interventions under personalised therapy solutions.
3. Corporate Wellness Integration offers instruments for mental health support for companies so enhancing employee well-being.
4. Emotional Tracking & Cognitive Exercises let users increase emotional resilience by tracking mood swings.
5. Emphasising whole self-care, the stigma-free approach promotes mental health free from judgement.
Pitch Details
Ask: ₹53 lakhs for 1% equity, valuing the company at ₹53 crores.
Deal: After negotiation Peyush Bansal, Namita Thapar, Vineeta Singh and Aman Gupta, finished the deal at ₹1.6 Crores for 2% Equity (₹53 Lakhs from Peyush for 1% Equity and ₹53 Lakhs from Aman, Namita and Vineeta for 1% Equity)
Investors: The investment came from Peyush Bansal, Namita Thapar, Vineeta Singh and Aman Gupta.
Conclusion: The pitch by MindPeers on Shark Tank India Season 2 underlined how urgently digital mental health solutions are needed. With its creative approach to mental wellness—mixing artificial intelligence with psychology to provide a quantifiable and scalable impact—the platform delighted the investors. The founders clearly showed how revolutionary the product could be for mental health treatment, so enabling both personal and commercial access. MindPeers distinguished themselves in the mental health market by concentrating on both data analytics and human-centered therapy. Its scalability and objective appealed to the investors, which helped to get a good financing agreement.
