Sleep management app Neend raises $700-K led by Better Capital

Bengaluru-based Neend, a mobile-based application for sleep management, has raised USD 700,000 in a pre-seed round led by Better Capital with participation from Titan Capital (the joint investment firm of the founders of Snapdeal), Kunal Shah (Cred), and Nandan (Swiggy), Niraj Singh (Spinny), Sandeep Singhal (former Nexus Ventures partner), Lalit Keshre and Harsh Jain (Groww) among others. The funds will be used for linguistic expansion and create more depth in categories like Yog Nidra, guided meditation session, and music, amongst others. In addition, Neend will also collaborate with the professional sleep experts to help users to measure, understand, and fix their sleep.