The funds will be used for linguistic expansion
Neend has announced that it has raised $700k in its latest pre-seed round. The funding round was led by Better Capital, and saw participation from Rohit Bansal and Kunal Bahl (Founder of Snapdeal), Kunal Shah (Cred), and Nandan (Swiggy), Niraj Singh (Spinny) Sandeep Singhal (Nexus), Lalit Keshre and Harsh Jain (Groww) among others. The funds will be used for linguistic expansion and create more depth in categories like Yog Nidra, guided meditation session, and music, amongst others. In addition to this, Neend will also collaborate with the professional sleep experts to help users to measure, understand, and fix their sleep.
Commenting on the investment, Surbhi Jain, Founder of Neend, said, “In the last 5 years due to change in our lifestyles – lack of physical exercise, increased screen time consumption, and stress, sleeplessness or insomnia has become a very common problem. One in every 3 people has sleep troubles in the world. This has poised a huge challenge for individuals, impacting productivity levels. We wanted to build a platform that helps people address this. Through our relaxing content based approach, we are helping individuals cure insomnia and provide better quality sleep.”
The company is also working with experts to build sleep therapy content that helps cure stress, and chronic insomnia.
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