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Utsav raised ₹6.35 crore in a funding round led by Equanimity Investments to expand operations and enhance technology.

Jan 30, 202511 months ago

Amount Raised

₹63.5 Million

Round Type

seed

KolkataConsumer ServicesE Commerce

Investors

India QuotientEquanimity Investments

Description

Utsav, a spiritual and devotion platform, has successfully raised ₹6.35 crore in a funding round led by Equanimity Investments. The funds will be utilized for global expansion, talent hiring, and technology enhancement, catering to the demand for virtual pujas.

Company Information

Company

Utsav

Location

Kolkata, West Bengal, India

About

Utsav is a spiritual and devotion platform founded in 2021 that allows users to book virtual pujas and receive prasad via home delivery. The platform aims to cater to the growing demand for these rituals, particularly among NRIs. Utsav also provides consultations with priests. The platform currently boasts around three lakh organic monthly website visits.

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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