Funding · Healthcare & Life Sciences
Dhun Wellness raises $4M for expansion
By Startup Enthusiast ·
- Date
- Company
- Dhun Wellness
- What it does
- Luxury urban wellness sanctuary
- Kind
- Funding
- Amount
- $4M
- Stage
- Seed
- Based in
- Mumbai
- Founded
- 2023
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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