India, July 7 -- Gurugram-based mental wellness platform Lissun is in talks with Colossa Ventures to raise around Rs.45 Cr ($4.7 Mn) in its Series A funding round, sources told Inc42.

The Mumbai-based VC firm will lead the round, with participation from Lissun's existing investors, including Rainmatter, IPV, RPSG, among others, the sources said.

The discussions are at an advanced stage and the startup would be valued at around Rs.140 Cr (about $15 Mn), they added.

Questions sent to Lissun and Colossa Ventures didn't elicit any response till the time of publication.

The development comes almost two years after Lissun raised $2.5 Mn in a pre-series A funding led by RPSG Capital Ventures. The round also saw participation from Multiply Ve...