Pune-based Startup ThatMate Raises $140,000 In Angel Funding
ThatMate, a Pune-based sexual and mental wellness app for teens, has raised $140,000 in angel funding from Rebalance Angel Community and few angels.
The funding round saw participation from Angels angels, including Kanti Prabha (Co-founder and COO, Sirion Labs), Vivek Lodha (CEO, JVS Foods), Premanshu Singh (CEO, Paytm Insurance), Devendra Rane (SVP – Technology and Engineering, Paytm), Devadatta Sahoo (Co-founder, NetTantra Technology), Shruti Lakkaraju, Aditya Singh, Ashish Tickoo, Yash Gupta, and Atal Incubation Centre Banasthali and its angels Supriya Kumari, Krishna Mehra, and Mamta Nehra.
The Ministry of Electronics and Information Technology (MeitY) also invested in the Pune-based startup as part of its TIDE 2.0 scheme.
Started by Madhavi Jadhav and Nishant Neeraj in 2020, ThatMate is a social startup focused on the sexual education and mental health of teens globally.
ThatMate is leveraging tech and a classroom-based approach to bridge the sexual and mental health awareness gap and helps them make informed choices as they grow up. The startup’s Android app acts as a friend that hears teens. The app then guides them through issues like self-image concerns, peer pressure, puberty, relationships, and stress, among others.
Speaking about the app, Nishant Neeraj, Co-founder and CTO of ThatMate, said,
“The app thoughtfully imparts knowledge through interactive comic books, gamified user journeys, knowledge quizzes, and age-appropriate unlocks based on the user’s behavioural insights.”
The Pune-based startup claims to have gained significant traction across India. ThatMate has partnered with the Jharkhand government and UNICEF to help six lakh students in the state.
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