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Vrishank

Startups/VC/tech • 1y

India's religious and spiritual market is worth $60 billion. And It is expected to reach $100 billion by 2028. This segment is dominated by offline players. Startups can disrupt this market using their tech! Some segments within this industry which is yet to boom and has opportunity to create something big: 1. Religious Education 2. Online darshan and Puja. 3. Religious event management. 4. Faith based tourism 5. Retail and merchandise. Ps: Vastu and astrolgy consultation startups are alone worth 30 percent of the entire market, but there are already many big players in this segment. It will be interesting to see how new age startups will dominate the market. I am really excited about the faith based tourism segment because 60 percent of tourism in India is associated and motivated by religious reasons.

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Kanhaiya Bharti

15-min free advisory... • 1y

60billion could only be the tip of the iceberg because of unmapped and unaccounted temple economy spreaded throughout the country.

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The Indian religious travel industry is such an exciting sector to build in 👇 - Very under-organized, with no big players and low tech penetration. - $59bn is the projected revenue from this sector by 2028. - Over 60% of domestic trips in India

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