Astrotalk to raise $20 million from Left Lane Capital

Feb 05, 2024•almost 2 years ago

Amount Raised

$20 Million

NoidaOther

Investors

Left Lane Capital

Description

Astrotalk is set to raise $20 million in its first institutional funding round from New York-based venture capital firm Left Lane Capital. The funding will be used to expand its services geographically, focusing on south India, and for potential acquisitions in adjacent categories. The funding round values the company at around $200 million pre-money.

Company Information

Company

Astrotalk

Location

Noida, Uttar Pradesh, India

About

Astrotalk was started by a nonbeliever who thought astrology was fake. However, when an astrologer correctly predicted everything about his life, he was shocked & started researching Astrology. The founder of Astrotalk learned from his research that Astrology is real but 90% of the astrologers are fake. In 2017, he decided to launch Astrotalk in order to connect customers with real astrologers. Today, Astrotalk is one of the fastest-growing bootstrapped startups & is the largest company in the field of Astrology. Astrotalk has served more than 3 crore customers, & it guarantees customer satisfaction!

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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