AstroTalk Secures $20 Million in Series A Funding to Propel Global Expansion

Feb 12, 2024•over 1 year ago

Amount Raised

$20 Million

Round Type

series a

NoidaOther

Investors

Left Lane

Description

AstroTalk has successfully raised $20 million in a Series A funding round led by New York-based venture capital firm Left Lane to propel global expansion. The infusion of capital will be utilized to fuel the company’s ambitious plans for international expansion, hiring senior leadership, venturing into new verticals such as devotion offerings, and strengthening its presence in South India. Additionally, the startup intends to initiate an Employee Stock Ownership Plan (ESOP) buyback to reward its workforce following this significant funding milestone.

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!

Related People

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