TLDR:
- Astrotalk secures $14M funding led by Elev8 Venture Partners.
- The funding will be used to expand regional language offerings, increase global presence, and improve user experience.
Astrotalk, an online astrology and mental wellness platform, has raised $14 million in funding led by Elev8 Venture Partners. The funding round, which includes investments from Left Lane Capital, will support the expansion of Astrotalk’s regional language offerings, increase its global presence, and bolster its team. The company plans to enhance user experience and accessibility for a diverse audience.
Founded in 2017, Astrotalk offers astrology and mental wellness services to over five million active users. It provides services such as Vedic astrology, vaastu, tarot card reading, and online pujas, with a network of over 20,000 astrologers and spiritual practitioners. The platform also plans to introduce certified Vedic wearables and expand its product offerings.
Elev8 Venture Partners, a growth-stage fund focused on Indian startups, believes in Astrotalk’s potential for high growth in the spiritual-tech sector. The company’s co-founder, Puneet Gupta, expressed excitement about the partnership and the plans to launch new apps, enter new geographies, and expand into new categories. The funding represents a significant milestone for Astrotalk as it aims to solidify its position as the largest spiritual-tech company in India.
This funding round marks a key step in Astrotalk’s growth trajectory, as it continues to innovate and expand its offerings in the astrology and mental wellness space.
