Tech startup YourDOST raises $400,000 for expansion

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YourDOST, a technology start-up aiming to establish a unique platform for mental well being and emotional support, has raised $400,000 in the first round of Angel funding for marketing and expansion.

The venture, through the web portal, offers complete support to people looking to discuss any kind of emotional issues by providing them instant online access to experts along with anonymity.

YourDOST is also available to people on mobile now with the launch of its mobile app on android platform and available for free download from Android play store, a company statement said.

Owing to the uniqueness of the idea, the start-up has been able to attract established entrepreneurs and professionals like Phanindra Sama (Redbus founder), Aprameya Radhakrishna (TaxiForSure founder), Aneesh Reddy (Capillary founder), Nagesh Grandhi (Hyderabad Angels)Aand other investors.

“With YourDOST we aim to create awareness and reduce the stigma associated with mental wellness in our society,” said Richa Singh, co-founder and CEO, YourDOST.com.

Started by Richa Singh, an IIT-Guhawati alumunus in partnership with Puneet Manuja, IIM-B alumunus and Prakhar Verma, a computer science graduate from BMSCE, Bangalore, in last 10 months of its operations, YourDOST has received tremendous response from the market with close to 70,000 users so far and the number growing at about 40 percent month on month.

With 10,000 registered users currently, a team of over 75 Aexperts service around 300 one to one interactions on a daily basis.

IANS