Deal Corner
August 11, 2021
W Health leads investment into Wysa

DEAL BRIEF

W Health Global Series LLC (“W Health Ventures”), along with other investors, led the Series A investment round of approx. USD 5.5 million in Touchkin eServices Private Limited (undertaking business as Wysa). Wysa is a conversational AI mental health platform that provides everyday mental health support to millions of individuals in 50+ countries. Wysa has been ranked as the best mental health application by Google and is recommended by the United Kingdom National Health Service. W Health Ventures is a Boston-based venture capital firm focused on helping entrepreneurs build the future of healthcare.

OUR ROLE

We, at Nishith Desai Associates, acted as the India legal counsel to W Health Ventures. We advised them on the legal, tax and regulatory aspects of the transaction.

NEWS AND MEDIA REPORTS RELATED TO THE DEAL

https://economictimes.indiatimes.com/tech/funding/mental-health-app-wysa-gets-5-5-million-in-series-a-funding/articleshow/82803247.cms

https://www.businesstoday.in/latest/corporate/story/google-backed-mental-health-startup-wysa-raises-55-mn-in-series-a-funding-296652-2021-05-21

http://bwdisrupt.businessworld.in/article/wysa-raises-5-5mn-funding-from-w-health-ventures-google-assistant-investments-others/21-05-2021-390425/

https://inc42.com/buzz/google-backed-wysa-to-raise-over-inr-34-cr-from-various-investors/

Disclaimer

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Deal Corner

August 11, 2021

W Health leads investment into Wysa

DEAL BRIEF

W Health Global Series LLC (“W Health Ventures”), along with other investors, led the Series A investment round of approx. USD 5.5 million in Touchkin eServices Private Limited (undertaking business as Wysa). Wysa is a conversational AI mental health platform that provides everyday mental health support to millions of individuals in 50+ countries. Wysa has been ranked as the best mental health application by Google and is recommended by the United Kingdom National Health Service. W Health Ventures is a Boston-based venture capital firm focused on helping entrepreneurs build the future of healthcare.

OUR ROLE

We, at Nishith Desai Associates, acted as the India legal counsel to W Health Ventures. We advised them on the legal, tax and regulatory aspects of the transaction.

NEWS AND MEDIA REPORTS RELATED TO THE DEAL

https://economictimes.indiatimes.com/tech/funding/mental-health-app-wysa-gets-5-5-million-in-series-a-funding/articleshow/82803247.cms

https://www.businesstoday.in/latest/corporate/story/google-backed-mental-health-startup-wysa-raises-55-mn-in-series-a-funding-296652-2021-05-21

http://bwdisrupt.businessworld.in/article/wysa-raises-5-5mn-funding-from-w-health-ventures-google-assistant-investments-others/21-05-2021-390425/

https://inc42.com/buzz/google-backed-wysa-to-raise-over-inr-34-cr-from-various-investors/

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.