Backed by Lightbox Ventures, Fireside Ventures, Rainmatter and other investors, the mental healthcare company Amaha plans to expand its hospital and clinic network while investing in specialist treatment and AI-assisted clinical tools.

Mental healthcare provider Amaha is set to close a ₹100 crore funding round, including ₹10 crore in debt financing from Alteria Capital, as it prepares to expand its hospital and clinic network across India.

The fundraising will be followed by yet another significant step from the company. The second hospital of Amaha that treats mental disorders, a 55-bed hospital in South Bengaluru, is set to commence its services by December 2026.

The proposed investment will support new hospitals and outpatient clinics, expand clinical teams and strengthen the technology used to deliver specialist mental healthcare. The company is particularly focused on people living with moderate to severe mental illness who require structured treatment and continuing support.

Who Is Investing in Amaha’s ₹100 Crore Round?

The round brings together existing backers and new investors, including Lightbox Ventures, Fireside Ventures and London-based life skills platform Sandbox International Holdings Limited (SIHL).

Other participants include Nithin Kamath through Rainmatter and the family offices of Shreyas Shibulal, Ashish Bharat Ram and Adarsh Jalan.

Of the ₹100 crore being raised, ₹10 crore comprises debt financing from Alteria Capital. The remaining ₹90 crore represents the non-debt portion of the round, although the available information does not specify the individual equity contributions, valuation or ownership changes.

The company has not disclosed a definitive closing date for the fundraise.

From a 27-Bed Facility to a 55-Bed Hospital in Bengaluru

Amaha’s expansion is already taking shape in Bengaluru, where it launched a 27-bed super-specialty mental health hospital in 2025.

Its upcoming 55-bed facility in South Bengaluru will mark the company’s second mental health hospital. Once operational, the two hospitals will have a combined stated capacity of 82 beds.

The expansion forms part of Amaha’s approach to mental healthcare, which connects online consultations and outpatient appointments with hospital-based psychiatric treatment.

Founded in 2016 by psychiatrist and healthcare entrepreneur Dr. Amit Malik, Amaha currently operates nine centres across Bengaluru, Delhi NCR and Mumbai.

Its services cover conditions including anxiety, depression, bipolar disorder, attention-deficit/hyperactivity disorder (ADHD), obsessive-compulsive disorder (OCD), addiction, schizophrenia and personality disorders.

The company also provides services in more than 15 languages, allowing patients and families to access care across different linguistic backgrounds.

Amaha Plans AI Tools for Clinical Support

Beyond expanding physical facilities, Amaha intends to direct part of the funding towards clinical training, supervision and treatment protocols.

The company also plans to introduce AI-enabled tools to assist with patient triage and support clinicians in their work. Data analytics will be used to help clinical teams coordinate treatment, monitor patient outcomes and improve care delivery.

These investments are intended to support consistent treatment standards across Amaha’s online, outpatient and inpatient services.

Dr. Amit Malik, founder and CEO of Amaha, said the company’s experience working with individuals and families has reinforced the importance of receiving appropriate mental healthcare without unnecessary delays.

“Our focus now is on deepening our clinical expertise and further building the infrastructure and systems needed to make evidence-based specialist mental healthcare accessible to more individuals and families across India, while maintaining high quality of treatment,” Malik said.

Amaha Survey Finds Many Patients Delay Seeking Help for Over a Year

The company’s expansion also comes against the backdrop of findings from its Mental Health Report 2026.

The report, based on responses from 13,825 people, found that 53% of respondents had experienced mental health concerns for more than a year before seeking professional help.

Another 94.9% reported experiencing at least two mental health concerns simultaneously.

The findings nevertheless highlight a challenge that Amaha’s integrated care model seeks to address: people may need access to different levels of mental healthcare, from initial assessment and outpatient consultations to sustained psychiatric treatment.

Over 4.5 Lakh Sessions Delivered So Far

Amaha reports having delivered more than 450,000 therapy and psychiatry sessions to over 100,000 clients, the vast majority of whom are based in India.

Its clinical network includes more than 270 mental health professionals, while its peer support communities have over 65,000 members.

The organisation also works with more than 150 partners to provide workplace and institutional mental health programmes.

In 2022, Amaha partnered with Children First to strengthen its services for children, adolescents and families, extending its treatment offerings beyond adult mental healthcare.

The company now plans to build on this network through additional facilities, clinical expertise and digital systems.

What Comes Next for Amaha?

Two developments will be important to Amaha’s next phase of growth: completion of the ₹100 crore funding round and the planned opening of its 55-bed South Bengaluru hospital in December 2026.

For Amaha, the planned expansion is about more than increasing the number of treatment locations. Its model aims to connect consultations, specialist assessments, outpatient services and hospital care within a single mental healthcare network.

Also Read: Nollywood actor Francis Duru dies after brief illness, family confirms