🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Rise Of Indian Spiritual Tech Startups
Inc42
·
1y ago
Medial
The Indian spiritual tech startup sector is experiencing rapid growth thanks to the country's deep-rooted faith and advancements in technology. The market is estimated to be worth $58.56 billion and is attracting young individuals and NRIs who seek to stay connected with their culture and faith. These startups offer services such as astrology, numerology, tarot card readings, virtual temple visits, online pujas, and more. With increasing demand, higher margins, and potential VC funding, these startups are poised for disruption and potential IPOs in the future.
View Source
Related News
9 Spiritual Tech Startups Transforming India’s Faith Market
Inc42
·
9m ago
Medial
The Indian religious and spiritual market is growing rapidly, with a predicted CAGR of 10% until 2032. The market is currently worth $58.56 billion, and there are over 900 spiritual tech startups in the country. These startups provide services such as e-darshan, e-pooja, and prasad delivery. Interestingly, the majority of these startups' revenue, about 70%, comes from the younger generation aged 25-35 years.
View Source
Ayodhya Temple Inauguration: Spiritual Tech Startups Gear Up To Cater To Devotees
Inc42
·
1y ago
Medial
Startups in the spiritual tech sector in India are gearing up for the consecration ceremony of the Ram temple in Ayodhya, expecting a significant boost in business. VAMA is offering online poojas, e-darshans, and astrology services, while AppsForBharat's Sri Mandir app allows users to make offerings in the temple virtually. With the potential for a 10X growth in Ayodhya alone, startups are looking to capitalize on the surge in spiritual tourism and attract investor capital. The Indian faith market stands at $58.56 billion, making it a lucrative space for tech startups.
View Source
More astro, spiritual tech startups set to raise fresh funds this festive season
Entrackr
·
1y ago
Medial
Astro and spiritual tech startups in India are attracting interest from venture capitalists despite the funding challenges. Vama, a virtual astrology and spiritual platform, is reportedly finalizing a $1.5-2 million funding round led by a global VC with existing investors doubling down. Other startups in the devotional and astrology space, such as InstaAstro and Bodhi, are also said to be seeking funding this festive season. The Indian religious and spiritual market is growing, with the faith-based tourism market estimated to be worth over $1 billion in 2023.
View Source
Spiritual startup My Tirth India shuts down ops due to lack of funds
Entrackr
·
11m ago
Medial
Spiritual tech startup My Tirth India announced on Monday that it is shutting down operations due to a funding crisis. This news comes as a surprise, given that spiritual tech has emerged as one of the hottest sectors, even though the funding environment has been tight for others. In the past 15 months, over a dozen startups in the spiritual tech space have mopped up more than $40 million. My Tirth India is a pilgrimage and darshan site which used to enable tours to India’s top religious destinations by bringing temples, priests, hotels, travel agents, astrologers, ayurveda, and yoga to one platform. “..we have tried to generate as much employment as possible across cities, villages and towns encouraging people to rediscover their culture, traditions and heritage. But it’s with utter sadness that we finally have to shut down the office due to the lack of funds after the unfortunate demise of our principal shareholder and mentor,” said Indraneel Dasgupta, co-founder and CEO of My Tirth India. According to My Tirth India, it raised nearly $1 million from the late Subrata Roy who was the company’s principal shareholder and mentor. Roy was the founder and managing director of Sahara India Pariwar. Currently, singer Anup Jalota is My Tirth India’s chief mentor. Founded in 2019, the firm also launched spiritual membership programmes for travelers, and spiritual showrooms in cities like Lucknow, Varanasi, Kolkata, Noida, and spiritual products like agarbatti, dhoop, puja samagri, havan samagri, and idol, among others. According to industry reports, the Indian travel industry accounts for 10% of the country’s GDP. About 65% to 70% of the entire volume is contributed by spiritual tourism. As per data compiled by TheKredible, astro and spiritual tech startups have rmore than $40 million in the past 15 months. The notable names include Ustav App, DevDham, InstaAstro, AstroTalk, Vama, and Melooha also raised decent funding during the period. SriMandir’s parent company AppsForBharat is also in talks to raise $15 million in a new round. Entrackr exclusively reported the development in May.
View Source
Startup news and updates: Daily roundup (March 3, 2025)
YourStory
·
5m ago
Medial
The article provides updates from the Indian startup ecosystem. Key highlights include Aviral Bhatnagar’s Rs 100 crore pre-seed fund and the rise in interest and funding for AI startups. SurveySparrow introduces SparrowGenie, an AI-driven tool to streamline RFP processes. Bajaj Auto leads E2W sales while Ola Electric faces layoffs. Funding news covers CredResolve's $1.1M and Arva Health's $1M rounds. Additionally, STAN collaborates with FanCraze for an engaging cricket fan experience, and Astroyogi launches a spiritual retail line, Yogii by Astroyogi.
View Source
Digital platforms lay groundwork to cash in on Maha Kumbh
Economic Times
·
6m ago
Medial
Tech startups and digital platforms are gearing up to capitalize on the Maha Kumbh Mela in Prayagraj, offering virtual experiences and spiritual services. Companies expect a significant increase in app downloads and users, driven by the global interest in the festival. The event, held every 12 years, has also spurred spikes in travel bookings, with notable rises in flights and accommodation demands. This showcases the growing synergy between technology and spiritual tourism in India.
View Source
India's spiritual startup boom: Faith goes fully digital
Inshorts
·
2m ago
Medial
India's spiritual tech startups are reshaping devotion through digital poojas, live-streamed aartis, and AI-led rituals. Platforms like Sri Mandir and Sadhana blend tradition with technology, enabling users to worship anytime, anywhere. With over 950 startups and $50 million raised in 2024 alone, the sector bridges generational gaps and redefines how modern Indians engage with spirituality.
View Source
AstroTalk profit zooms 12X to Rs 100 Cr in FY24
Entrackr
·
9m ago
Medial
AstroTalk, a spiritual-tech company in India, experienced significant growth in the fiscal year ending March 2024. Its revenue from operations doubled to Rs 651.12 crore, with income from India and overseas countries seeing substantial increases. The company's profit also surged 12-fold to Rs 99.99 crore. AstroTalk operates as a digital astrology consultancy platform, connecting users with professional astrologers. Despite some skepticism, astrology and spiritual tech startups in India have raised around $60 million in funding in the past 15 months. The success of companies like AstroTalk can be attributed to the formalization of the economy and the demand for immediate information in the consumerist society.
View Source
Startups take charge to transform Ayodhya city into a hi-tech pilgrim hub
Inc42
·
1y ago
Medial
Indian startups are playing a major role in transforming Ayodhya into a hi-tech spiritual center and tourist hub. The Ayodhya Development Authority has chosen Genesys International's New India map platform to guide pilgrims and share precise locations. Staqu Technologies, an AI-based video analytics startup, will provide real-time security surveillance using its AI-powered Jarvis platform. Additionally, startups like ETO Motors, GreenCell Mobility, and Uber are providing eco-friendly travel options, while Chalo is offering a hassle-free bus tracking app. Ayodhya is also partnering with CHUK for compostable tableware and Paytm for digital transactions.
View Source
InstaAstro raises $2.3 Mn led by Artha Venture Fund
Entrackr
·
1y ago
Medial
Online astrology platform InstaAstro has raised Rs 18.50 crore in its pre-Series A round led by Artha Venture Fund. The round also saw participation from LogX Ventures, Singularity Ventures, IR Capital Partners, Blume Founders Fund and Aloke Bajpai, MD & CEO of Ixigo. In November 2021, InstaAstro had raised Rs 3.2 crore in a seed round led by Artha Venture Fund along with Ramakant Sharma’s LogX Ventures. With fresh funds, InstaAstro is launching new spiritual e-commerce, daily pooja, and reiki healing services. As per the company, these offerings would deepen the platform’s user engagement and provide access to a comprehensive spiritual and astrological guidance ecosystem. Founded by Nitin Verma, InstaAstro claims to have over 200,000 monthly app installs, 50,000 minutes per day in consultations, and an ARR of $5 million. It offers horoscopes, tarot readings, and numerology in English, Hindi, and various regional languages. The startup has a total user base of over 5 million users and provided a cumulative consultation of more than 2 crore (20 million) minutes to its subscribers in FY24. The firm has 1,500 astrologers on its platform. It competes with GaneshaSpeaks, AstroTalk, Click Astro, and Bodhi. In the past 12 months, a clutch of astro and spiritual tech startups raised funds. The list included AstroTalk, Vama, Utsav, DevDham (previously DevDarshan), and Melooha. As per Entrackr’s sources, Bodhi is also in talks to raise a new round. AstroTalk had raised the largest funding ($20 million) among the astro and spiritual tech startups.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in