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Yourdost-funding

YourDOST raised funding from SAIF Partners

 

YourDost

  • YourDOST currently has 10,000 registered users, and a team of over 75 experts offering around 300 one-on-one interactions on a daily basis.
  • Your Dost IS a startup that helps to tackle emotional, depression, While dealing with social pressure constant lifestyle comparison with the peer group due to over exposure to social media and several other factors have led to severe disturbances in their emotional stability.
  • Other founders include IIM-Bangalore graduate Puneet Manuja, Northeastern University alumnus Satyajeet Nandekar and Prakhar Verma, a computer science graduate from BMSCE, Bengaluru.
  • CEO – Richa Singh
  • YourDOST are trying to build an emotional support system for people where  can be completely anonymous and went out their  feelings to a group of compassionate non-judgmental people called special friends consisting of psychologists and other experienced people.

YourDOST  has raised $1.2 million in a pre-series A round led by SAIF Partners (which contributed $1 million). Seven other existing investors including :-

  • Venk Krishnan (NuVentures),
  • Subbarao Telidevara (NuVentures)
  • Phanindra Sama (Redbus)
  • Aprameya Radhakrishna (TaxiForSure)
  • Paula Mariwala (Seedfund)
  • Vibhu Garg (Unicommerce)
  • Gaurav Bhalotia (Flipkart).

 

YourDost will use the funds  to scale their operations and for roping in senior executives to build their senior leadership team across domains of marketing, technology and operations.

  • The team plans to hire four members to their senior leadership and add six associates to the mid-management team.
  • With the current funding, the firm also plans to set up its research division. “

The Co-founder Richa singh said

With its strong focus on quality supply and maintaining user anonymity, YourDOST presents a unique proposition for consumers to overcome the prevailing hesitation associated with openly talking about mental issues.

With the experience of SAIF Partners backing us and the funds we have raised, we are ready to accelerate our growth, expand the team and operations and reach out to more and more people,” She firmly believes that instead of YourDOST knocking the doors of these clients, it’s the duty of the HR and admin departments of a company to decide whether YourDOST’s solution can really add value to their organization

  • With this investment SAIF continues to identify and nurture businesses, right from seed stage/pre-Series A to beyond as said by Mridul Arora, Principal, SAIF Partners.
  • YourDost presents a very unique way to overcome with their issues .

Yourdost-funding

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