Manah Wellness Company Profile

Background

Manah Wellness is a private company founded in 2020, headquartered in Bangalore, India. The company specializes in developing workplace emotional health and well-being platforms aimed at promoting emotional well-being in the workplace and assisting progressive organizations in building emotionally healthy workplaces.

Key Strategic Focus

Manah Wellness focuses on providing customized programs, assessments, content, tools, and skilling for organizations to create a psychologically safe workplace culture. Their services include:

Assessing Emotional Health: Conducting digital emotional health assessments followed by emotional check-ins with psychologists.

Creating Improvement Roadmaps: Generating custom reports for employees and anonymized dashboards for organizations to plan improvements.

Proactive Support: Offering well-being support through digital platforms, including proactive programs, short modules, webinars, personalized content, counseling, and therapy support as needed.

Capacity Building: Conducting workshops for HR teams and managers on building emotionally healthy workplaces.

Community Engagement: Establishing communities of well-being ambassadors within organizations, trained by Manah Wellness.

Financials and Funding

Manah Wellness has participated in accelerator/incubator programs, with IIMA Ventures being a notable investor. Specific details regarding total funds raised and utilization of capital are not publicly disclosed.

Technological Platform and Innovation

The company's platform integrates various tools and methodologies to deliver personalized, proactive, and preventive emotional well-being solutions. This includes digital assessments, customized content, and interactive modules designed to engage employees and foster a culture of emotional health within organizations.

Leadership Team

Ashwin Naik: Co-Founder, Chief Executive Officer, and Board Member.

Ritika Arora: Co-Founder, Chief Operating Officer, and Board Member.

Manoj Chandran: Chief Marketing Officer.

Competitor Profile

Market Insights and Dynamics

The corporate wellness market is experiencing significant growth, driven by increasing awareness of mental health and the need for supportive workplace environments. Organizations are investing in comprehensive well-being programs to enhance employee satisfaction, productivity, and retention.

Competitor Analysis

Key competitors in the corporate wellness space include:

The Art of Living: Offers programs focused on stress management and personal development.

Sri Sri Tattva: Provides wellness products and services rooted in traditional practices.

VLCC: Specializes in beauty and wellness services.

Apollo Hospitals: Offers a range of healthcare services, including corporate wellness programs.

Columbia Asia: Provides healthcare services with a focus on preventive care.

Fortis Healthcare: Offers comprehensive healthcare services, including wellness programs.

Max Healthcare: Provides a range of healthcare services with an emphasis on patient care.

Narayana Health: Specializes in affordable healthcare services.

Manipal Hospitals: Offers multi-specialty healthcare services.

HealthifyMe: Provides digital health and fitness solutions.

Strategic Collaborations and Partnerships

Manah Wellness collaborates with progressive organizations to build emotionally healthy workplaces. Their clientele includes companies such as Nova Benefits, Flexiloans, Ashoka, Smart Cloud, UBS, Synergy Marine, and GE.

Operational Insights

Manah Wellness differentiates itself by offering personalized, proactive, and preventive emotional well-being solutions tailored to the unique needs of each organization. Their comprehensive approach addresses both individual and organizational aspects of emotional health, setting them apart from traditional Employee Assistance Programs (EAPs).

Strategic Opportunities and Future Directions

The company aims to expand its reach by partnering with more organizations globally, enhancing its technological platform, and continuously innovating its service offerings to meet the evolving needs of the workforce. By focusing on preventive and proactive strategies, Manah Wellness positions itself to lead the transformation of workplace emotional health.