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vishakha Jangir
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Set2Score • 2m
𝗜𝗻 𝗜𝗻𝗱𝗶𝗮, 𝗮𝘀𝘁𝗿𝗼𝗹𝗼𝗴𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗮𝗿𝗲 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗵𝘂𝗴𝗲 𝗽𝗿𝗼𝗳𝗶𝘁𝘀, 𝘄𝗵𝗶𝗹𝗲 𝗼𝘁𝗵𝗲𝗿 𝘁𝗲𝗰𝗵 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗮𝗿𝗲 𝗶𝗻𝗰𝘂𝗿𝗿𝗶𝗻𝗴 𝗹𝗼𝘀𝘀𝗲𝘀, 𝗮𝗻𝗱 𝘁𝗵𝗶𝘀 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝘀 𝗮 𝗽𝗿𝗶𝗺𝗲 𝗲𝘅𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘁𝗵𝗮𝘁. Puneet Gupta, originally a software engineer, founded "Astrotalk" in 2017 after a personal astrology experience. Anmol Jain joined Astrotalk in 2021 as Chief Business Officer and was later made co-founder. In FY23, Astrotalk had ₹282 crore revenue and ₹27 crore net profit. In FY24, revenue more than doubled to ₹651 crore and net profit increased to ₹94 crore. Around 60% of revenue comes from marriage-related consultations. Around 20% revenue comes from international markets. About 5% revenue comes from e-commerce offerings like gemstones and spiritual products. Astrotalk connects users with over 10,000 astrologers offering services like horoscope readings, numerology, tarot, and Vedic astrology. Operates on a revenue-sharing model with astrologers. Facilitates around 4.5 million paid and 6 million free sessions every month. Increased marketing spend from ₹74 crore in FY23 to ₹157 crore in FY24. Expanded services to the US, UK, Canada, Middle East, and Southeast Asia. Launched the Astrotalk Store in October 2024 offering spiritual and astrology-related products. Raised $30 million funding from Left Lane Capital and Elev8 Ventures, reaching a $300 million valuation. Targets an IPO by 2026 with a ₹2,000 crore revenue goal. Focuses on scaling efficiently and maintaining profit margins. Follow vishakha Jangir for more such insights.
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