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Funding · Healthcare & Life Sciences

Dhun Wellness raises $4M for expansion

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Date
Company
Dhun Wellness
What it does
Luxury urban wellness sanctuary
Kind
Funding
Amount
$4M
Stage
Seed
Based in
Mumbai
Founded
2023
Sector
Healthcare & Life Sciences

What they do

Dhun Wellness offers luxury urban wellness sanctuaries with integrated healing models

What happened

The company raised $4 million in fresh funding co-led by SRF Ltd and Havells India

Why it matters

Demand grew 15% month-on-month as the firm plans expansion to four new cities

The details

  • Dhun Wellness has raised $4 million in a fresh funding round.
  • SRF Ltd (Kama Group) and Havells India co-led the investment.
  • Angel investors included Abhishek Goyal, Ash Lilani, and Arushi Aayush Agrawal.
  • Founder Mira Rajput Kapoor established the company in 2023.
  • The company reported 15% month-on-month demand growth across its services.
  • Investors cited a global health market projected to reach $256.9 billion by 2033.
  • India's holistic wellness sector serves approximately 70 million Indians by 2028.
  • The startup aims to build a comprehensive longevity vertical with clinical offerings.

The bigger picture

  • The funding supports rapid physical expansion into major Indian metropolitan areas.
  • The India health/wellness market is valued at $78 billion, with holistic centres expected to serve around 70 million Indians by 2028.
  • The investment validates the growing consumer interest in personalized health programs.

About the business

  • Dhun Wellness operates as a luxury urban wellness sanctuary in Bandra, Mumbai.
  • The flagship facility spans 6,000 sq. ft. with 13 treatment rooms.
  • Services include traditional therapies like Ayurvedic treatments and sound healing.
  • Modern offerings feature Electric Cryotherapy at -160°C and Infrared Saunas.
  • Clients access personalized 7-day programs for gut restoration and sleep alignment.
  • A 24/7 concierge service supports clients during their wellness journeys.
  • The company provides home-care plans for remote wellness management.
  • Revenue is driven by high-end membership fees and specialized treatment packages.

What happens next

  • Plans to launch physical centers in Pune, Hyderabad, and Bengaluru.
  • Expansion includes opening a center in Ahmedabad soon.
  • The company will launch a new facility in Delhi NCR.
  • Development of a Comprehensive Longevity Vertical is underway.

The deal

Type
funding

Investors

  • SRF Ltd (Kama Group) (co-lead) — Industrial conglomerate investing in lifestyle and wellness sectors.
  • Havells India (QRG Investment & Holdings) (co-lead) — Electrical goods manufacturer expanding into consumer health markets.
  • Abhishek Goyal (angel) — Co-founder of Tracxn, a business intelligence platform.
  • Ash Lilani (angel) — Partner at Saama Capital, a private equity firm.

Founders

  • Mira Rajput Kapoor, Founder

About Dhun Wellness

Product
Urban wellness sanctuaries offering integrated therapies including Ayurveda, sound healing, cryotherapy, infrared saunas, and personalized seven-day longevity programs.
Customers
Urban consumers seeking holistic rejuvenation, preventative health, and longevity treatments.
How it makes money
Charges fees for wellness therapies, spa treatments, and multi-day health programs.
What sets it apart
Provides comprehensive resort-style longevity therapies inside major cities without requiring travel to remote retreats.
Operations
Operates a flagship sanctuary in Bandra, Mumbai, with centers expanding to additional major Indian metropolitan cities.

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