AppsForBharat raises $20 Mn in Series C round led by Susquehanna Asia Venture Capital to expand into 20 temple towns and enhance service offerings.
Jul 01, 2025•6 months ago
Amount Raised
$20 Million
Round Type
series c
Investors
Peak Xv PartnersElevation CapitalNandan Nilekani’s FundamentumSusquehanna Asia Venture Capital
Description
AppsForBharat has raised Rs 175 crore (around $20 million) in a Series C funding round led by Susquehanna Asia Venture Capital. The funds will be used to expand into over 20 temple towns and develop AI-based features for user interaction. Existing investors joined the round, totaling over $50 million raised so far. The company aims to strengthen logistics and service fulfillment in these regions.
Funding Insights
Based on industry dataVC-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