How Covid prompted Asian startups to use tech in revolutionizing mental health support | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

“Many companies are spending millions of dollars a year and paying for gym memberships. But why don’t people invest into their mental health the same way?' Here's how Asian startups are using tech to revolutionize mental health support.

In July, Singapore-based Intellect raised $20 million in its Series A funding, the largest amount raised by a mental health start-up in Asia. Founded in 2019, Intellect runs a mobile app that regularly checks in on users’ mood, provides rescue sessions and exercises that tailor to their needs, and allows them to connect with therapists in real time if needed.

“The impacts of poor mental health outcomes are significant. … If we focus on the employment and organizational level, those impacts can be things like presenteeism, absenteeism, lost productivity, lost engagement and attrition,” he said. Depression and anxiety disorders have cost the global economy $1 trillion each year in lost productivity, the World Health Organization has estimated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Some people just wanna build their physical looks 😄

How do people 'invest' into their mental health, anyway Even the 'mental people' (shrink), has even got mental problems themselves, by absorbing all these mental issues, of the 'mental' patients..

United States United States Latest News, United States United States Headlines