AstroTalk, an Indian marketplace that connects consumers to astrologers for horoscope readings, birth chart analysis and live prayers, has raised about $14 million (Rs 110 crore) in a funding round led by Elev8 Venture Partners, per an announcement.
The company raised $20 million in its Series A funding round in February led by Left Lane Capital.
The company will use the proceeds to grow its offerings in regional languages and formats, increase its global presence, and expand its team.
Founded in 2017 by Puneet Gupta and Anmol Jain, Astrotalk claims to have over 20,000 active astrologers and 4 crore users to date, making it the category leader in the online astrology segment.
The company clocked an ARR of approximately Rs 800 crore in 2023-24 and a 100+% year-on-year revenue growth in the last three years.
INDIA DEAL MONITOR
Here are the prominent venture capital transactions in India announced from June 2-5, 2024.