Microsoft’s AI4A Backs AI Mental Health Startup IWill

Share via:


SUMMARY

The fresh funds will be allocated to boost the startup’s flagship product ‘IWill GITA’, a controlled generative-AI mental health companion which provides support in Hindi

In 2022, Microsoft funded IWill under the same program to accelerate and enable the development of IWill GITA in Hindi

Founded in 2015, IWill is an digital and AI healthtech startup that provides mental health wellness assistance, along with reproductive health and climate health awareness

Artificial intelligence (AI)-powered mental health startup IWill has received an undisclosed amount of funding from tech major Microsoft’s ‘AI for Accessibility’ (AI4A) programme. 

The fresh funds will be allocated to boost the startup’s flagship product ‘IWill GITA’, a controlled generative-AI mental health companion in Hindi.

In 2022, Microsoft funded IWill under the same programme to accelerate and enable the development of IWill GITA in Hindi. 

The mental health companion is based on the CBT Azure OpenAI LLM-based model and is designed to help people recover from mild forms of mental health issues. 

Founded in 2015 by Shipra Dawar, IWill is an digital and AI healthtech startup that provides mental health wellness assistance along with reproductive health and climate health awareness. 

IWill GITA’s pilot was launched in January this year. The startup aims to provide access to 615 Mn Hindi-speaking population with mental health support in rural and urban India at affordable rates.

Commenting on the funding, Dawar said, “Microsoft’s immense support was invaluable in helping us create IWill GITA and we feel honoured that the basis of its success and future vision, Microsoft AI4A extended the funding and support.” 

Apart from IWill GITA, the startup also runs ‘ePsyClinic‘ which provides free of cost mental wellbeing programmes that address suicide prevention in students, care for domestic abuse victims, mental wellbeing help for blue collar workers, small business owners and self-employed people. 

IWill counts the likes of the Haryana and Rajasthan governments, Maharashtra State Innovation Society (MSIS), Swiggy, Urban Company, and Zomato among its partners. The partnership allows the startup to provide effective, high-quality and affordable health services to people.

The startup also counts ACT Grants-Bill and Melinda Gates Foundation  among its backers. 

IWill said that the support from Microsoft’s AI4A was instrumental in developing its flagship product GITA. 

AI4A aims to harness the power of AI to help people in need. In India, Microsoft has also backed low-cost refreshable braille display producer Vembi, document accessibility portal I-Stem, sign language translation assistant AI4Bharat under the programme. 

Mental health crisis is a big issue in India. About 1.64 Lakh Indians died by suicide in 2021 and the national suicide rate was around 12 per lakh population. To address these challenges, a number of mental health startups, including Wysa, LISSUN, Shyft (formerly Mindhouse), Sukoon, Innerhour, Trijog, YourDOST, Mitsu, have come up over the last few years. These startups leverage technology to provide assistance to those in need.

Many of these startups have also managed to bag funding from investors. Earlier this year,  Amaha Health bagged INR 50 Cr in a funding round led by Fireside Ventures to scale up its mental health offerings.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Microsoft’s AI4A Backs AI Mental Health Startup IWill


SUMMARY

The fresh funds will be allocated to boost the startup’s flagship product ‘IWill GITA’, a controlled generative-AI mental health companion which provides support in Hindi

In 2022, Microsoft funded IWill under the same program to accelerate and enable the development of IWill GITA in Hindi

Founded in 2015, IWill is an digital and AI healthtech startup that provides mental health wellness assistance, along with reproductive health and climate health awareness

Artificial intelligence (AI)-powered mental health startup IWill has received an undisclosed amount of funding from tech major Microsoft’s ‘AI for Accessibility’ (AI4A) programme. 

The fresh funds will be allocated to boost the startup’s flagship product ‘IWill GITA’, a controlled generative-AI mental health companion in Hindi.

In 2022, Microsoft funded IWill under the same programme to accelerate and enable the development of IWill GITA in Hindi. 

The mental health companion is based on the CBT Azure OpenAI LLM-based model and is designed to help people recover from mild forms of mental health issues. 

Founded in 2015 by Shipra Dawar, IWill is an digital and AI healthtech startup that provides mental health wellness assistance along with reproductive health and climate health awareness. 

IWill GITA’s pilot was launched in January this year. The startup aims to provide access to 615 Mn Hindi-speaking population with mental health support in rural and urban India at affordable rates.

Commenting on the funding, Dawar said, “Microsoft’s immense support was invaluable in helping us create IWill GITA and we feel honoured that the basis of its success and future vision, Microsoft AI4A extended the funding and support.” 

Apart from IWill GITA, the startup also runs ‘ePsyClinic‘ which provides free of cost mental wellbeing programmes that address suicide prevention in students, care for domestic abuse victims, mental wellbeing help for blue collar workers, small business owners and self-employed people. 

IWill counts the likes of the Haryana and Rajasthan governments, Maharashtra State Innovation Society (MSIS), Swiggy, Urban Company, and Zomato among its partners. The partnership allows the startup to provide effective, high-quality and affordable health services to people.

The startup also counts ACT Grants-Bill and Melinda Gates Foundation  among its backers. 

IWill said that the support from Microsoft’s AI4A was instrumental in developing its flagship product GITA. 

AI4A aims to harness the power of AI to help people in need. In India, Microsoft has also backed low-cost refreshable braille display producer Vembi, document accessibility portal I-Stem, sign language translation assistant AI4Bharat under the programme. 

Mental health crisis is a big issue in India. About 1.64 Lakh Indians died by suicide in 2021 and the national suicide rate was around 12 per lakh population. To address these challenges, a number of mental health startups, including Wysa, LISSUN, Shyft (formerly Mindhouse), Sukoon, Innerhour, Trijog, YourDOST, Mitsu, have come up over the last few years. These startups leverage technology to provide assistance to those in need.

Many of these startups have also managed to bag funding from investors. Earlier this year,  Amaha Health bagged INR 50 Cr in a funding round led by Fireside Ventures to scale up its mental health offerings.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Israeli cybersecurity startup gains $12m seed funding

Twine operates offices in Tel Aviv and Seattle,...

Bitcoin ETFs hits new record with over $3.1B in...

CoinShares data showed that spot Bitcoin ETFs recorded...

Starlink launches direct-to-phone internet and call service, ties up...

SpaceX's Starlink has recently announced the launch of its...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!