- Headspace announces an investment from Times Bridge as a part of its $93 million funding round, launching its platform in India.
- Its courses are led by the guiding voice of co-founder Andy Puddicombe, a former Buddhist monk who spent 10 years traveling around the world.
- Times Bridge will enable Headspace’s launch in the Indian market, accelerate its growth and advance its mission.
Headspace, a global leader in mindfulness and meditation, today announced an investment from Times Bridge as its Series C funding comprised of $53 million of equity from participating investors and $40 million of debt capital. Times Bridge, a global investments and partnerships firm, will enable Headspace to launch and scale in India, the world’s second largest internet market.
Times Bridge has previously invested in and partnered with many market-creating, mission-driven companies, including Airbnb, Coursera, Houzz, Smule, Uber and Wattpad.
As a world-leading platform for mindfulness and meditation, Headspace has more than 62 million users across 190 countries. Headspace is transforming the well-being and mindfulness space, with innovative partnerships with a range of global companies including Nike, Google, Starbucks, Hyatt and the NBA.
Times Bridge will enable Headspace’s launch in the Indian market, accelerate its growth and advance its mission. By providing subcontinent-wide market leadership and drawing on the unmatched reach of Times Group assets, Times Bridge’s initiatives will ensure Headspace’s product, partnerships and positioning are optimized for adoption and impact across India.
India is known for centuries of heritage in meditation and holistic living. Headspace will enable Indian users to integrate the practice of mindfulness and meditation into their daily lives, through easily-accessible mindfulness routines, including sleep, movement and meditation, among other features. Even today, Indian users can explore bite-sized audio sessions on everything from focus and productivity to stress and anxiety. The courses are led by the guiding voice of co-founder Andy Puddicombe, a former Buddhist monk who spent 10 years traveling around the world, culminating with ordination as a Tibetan Buddhist monk in Northern India.
Note: Business Insider is also a part of Times Bridge