AstroTalk raises $9.5M in an extension of its Series A round led by Left Lane Capital and Elev8 Capital for issuing convertible preference shares.

Jun 03, 2024•over 1 year ago

Amount Raised

$9.5 Million

Round Type

series a

NoidaOther

Investors

Elev8 CapitalLeft Lane Capital

Description

AstroTalk, an online astrology platform, has raised Rs 78.3 crore or $9.5 million in an extension of its Series A round from existing investors Left Lane Capital and Elev8 Capital by issuing 5,067 compulsory convertible preference shares. The company has been valued at around Rs 2,478 crore or $300 million post-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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