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neuphony

Wearable EEG Headband

Deal

The pitch

Season / Episode: S2 E36
Aired: 20 Feb 2023
Industry: Medical/Health
From: Noida, Uttar Pradesh
Founded: 2022
Asked for: ₹1 Cr for 2%
Valuation asked: ₹50 Cr

The outcome

Deal: ₹1 Cr for 5.4%
Deal valuation: ₹18.52 Cr
Yearly revenue: —
Gross margin: —

Who invested

Aman₹50 L for 2.7%
Peyush₹50 L for 2.7%

Founders

Ria Rustagi — Co-founder & CEO source
Bhavya Madan — Co-founder & CTO source

Researched from public sources · checked 20 Aug 2026

What happened next

Sychedelic Bags $3.5 Mn To Build AI-Powered Mental Wellness Headphones
Neuphony, the wearable EEG-headband startup founded by Ria Rustagi and Bhavya Madan, rebranded as Sychedelic and raised $3.5 million in a seed round from Cultadvisors LLP, TurboStart, Ideabaaz and Praveek Ventures to build AI-powered mental wellness headphones.
Inc42 · 20 May 2026

News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.

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