Rebalance Angel Community and others recently invested in ThatMate, a Pune-based sexual and mental wellness app for teens. In addition, as a part of TIDE 2.0 scheme, The Ministry of Electronics and Information Technology (MeitY) also invested in this start-up.
Angels who participated in this round include CEO, Paytm Insurance, Premanshu Singh, SVP – Technology and Engineering, Paytm, Devendra Rane, Kanti Prabha COO, Sirion Labs, Devadatta Sahoo NetTantra Technology, CEO, JVS Foods, Vivek Lodha, Ashish Tickoo, Shruti Lakkaraju, among others.
Launched in 2020 by Nishant Neeraj and Madhavi Jadhav ThatMate is filling the gap in the mental and sexual health space for teens globally. ThatMate’s Android app acts as a friend that hears teens out and guides them through puberty, relationships, self-image concerns, peer pressure, and stress, among others. The start-up has also partnered with UNICEF and Jharkhand government to help six lakh students.