Mumbai-based wellness startup Dhun Wellness has raised $4 million (around Rs 36.6 crore) in a funding round co-led by SRF Ltd and Havells India. The company said the round also included participation from a group of angel investors.
As per the announcement, investors in the round include Arushi Aayush Agrawal, Ash Lilani, Tracxn co-founder Abhishek Goyal, Sanjay Kapoor, and others. The funding details were shared through a press release issued by the company.
The fresh capital is expected to be used for business expansion in India. Dhun Wellness said it plans to enter more cities and widen its physical presence beyond its current base.
The company stated that it is looking to expand to Pune, Hyderabad, Bengaluru, and Ahmedabad as part of its next phase of growth.
Expansion Plans
Dhun Wellness was launched in 2023 by Mira Kapoor. It is positioned as an urban wellness space that offers services focused on healing, recovery, and rejuvenation, aimed mainly at city-based consumers.
The startup offers a mix of traditional Indian wellness practices and modern health approaches. Services mentioned by the company include Ayurveda and sound healing on one side, and longevity-focused offerings such as cryotherapy and infrared sauna on the other.
According to the company, its wellness programmes are designed for people who want a structured and premium wellness experience without travelling out of the city. A focus is being placed on short, personalised plans that fit into urban routines.
Dhun Wellness said it provides customised seven-day programmes that include consultations, nutritional guidance, and follow-up plans that can be continued at home.
Wellness Model Evolves
The company also said its services are planned around addressing common lifestyle concerns such as fatigue, sleep issues, and gut health. It stated that the idea is to focus on long-term balance rather than only short-term relief.
As per the press release, the seven-day programmes are supported by a 24/7 concierge service, along with guidance tailored to individual needs. The startup has positioned this approach as part of a luxury wellness format.
Dhun Wellness also said it is working towards building a longevity vertical. This is expected to include preventive care, personalised wellness protocols, and longer-term health optimisation plans.
The company claimed it is seeing around 15% month-on-month growth in demand, though the figure has not been independently verified.
Market Outlook
The funding comes at a time when the broader wellness and preventive health segment is seeing growing interest in India, especially in large cities. Consumer demand has been rising for structured wellness services that combine fitness, recovery, and lifestyle management.
A market report cited by the company projects the health and wellness market to reach $256.9 billion by 2033. The report highlights increasing spending on wellness services, products, and preventive healthcare globally.
With the new funding, Dhun Wellness is expected to scale its operations and build capacity for more centres. Expansion into multiple cities could also increase competition in the premium wellness space, where several new-age brands are entering.
No timeline for the new city launches has been shared yet. Further details on the company’s revenue, profitability, or valuation were also not disclosed in the announcement.
