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DevDham Secures Rs 6 Crore in Seed Funding Round Led by Titan Capital and All In Capital

Devotional Platform Sets Sights on Global Expansion and Technological Upgrades

Startupsmeet by Startupsmeet
April 14, 2024
in Funding, Featured, Startup News
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DevDham Secures Rs 6 Crore in Seed Funding Round Led by Titan Capital and All In Capital 01

The start-up was founded by IIT graduates Pranav Kapoor, Suyash Taneja and Sagnika Chowdhury

DevDham, formerly known as DevDarshan, has successfully raised Rs 6 crore in its recent seed funding round. The round was co-led by prominent investors Titan Capital, All In Capital, Veda VC, and TDV Partners, signaling a strong vote of confidence in the platform’s potential.

Founded in 2020 by Pranav Kapoor, Suyansh Taneja, and Sagnika Chowdhary, DevDham has positioned itself as a unique devotional platform seeking to bridge the gap between devotees and Hindu temples through online daily darshan, pujas, and digital donation facilitation. The platform has garnered attention for its holistic approach, aiming to become the go-to destination for a diverse range of devotional needs.

The newly secured funds, which bring DevDham’s total investment to $1 million, are earmarked for strategic initiatives. According to a press release from the company, the primary focus will be on expanding the temple network, bolstering technological infrastructure, and intensifying marketing efforts.

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DevDham’s co-founder, Pranav Kapoor, expressed enthusiasm about the funding, stating, “This investment will play a pivotal role in realizing our vision of connecting devotees globally and providing them with seamless access to spiritual practices. We are committed to enhancing the user experience and making DevDham the ultimate destination for spiritual engagement.”

The platform claims notable achievements since its inception, boasting the facilitation of over 500,000 mantras chanting and more than 100,000 darshans for 100,000 devotees. With a network encompassing over 500 temples and involving over 2,000 pandits across 18 states, DevDham has established itself as a significant player in the devotional landscape.

The seed funding round comes at a time when early-stage startups in the devotional and astro space are gaining traction in the investment landscape. Notable players like Vama and Melooha have recently secured new rounds, while AstroTalk, InstaAstro, and Bodhi are reportedly in the process of fundraising.

As DevDham sets its sights on global expansion and technological upgrades, the successful seed funding round is poised to propel the platform to new heights in the competitive landscape of spiritual technology. Investors are evidently optimistic about the company’s potential to redefine the devotional experience for a tech-savvy generation, marking a significant milestone in DevDham’s journey.

Tags: Indian StartupIndian Startupsseed fundingstartupStartup FundingStartup funding in IndiaStartup In IndiaStartupsstartups in IndiastartupsmeetTech StartupTitan Capital
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