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AppsForBharat raised $18 million in a funding round led by Fundamentum to expand its operations and develop a tech platform for the devotion ecosystem.

Sep 10, 2024over 1 year ago

Amount Raised

$18 Million

BengaluruOther

Investors

Mirae Asset VcPeak Xv PartnersElevation CapitalSusquehanna Asia VcFundamentum

Description

AppsForBharat has secured $18 million in a funding round led by Fundamentum. The new capital will help the company enhance its operations both in India and internationally, as well as develop new services for its devotion platform, Sri Mandir.

Company Information

Company

AppsForBharat

Location

Bengaluru, Karnataka, India

About

AppsForBharat is on a mission to assist a billion Indians in their spiritual journey and help them feel happier, peaceful & more content.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech