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Utsav raises ₹36 Cr in Series A led by Atomic Capital. The funding will be used to expand its temple network and enhance technology and fulfilment capabilities.

PRIVATEAug 25, 2026about 4 hours ago

Amount Raised

₹360 Million

Round Type

Series A

KolkataE CommerceConsumer Services

Investors

Equanimity InvestmentsIndia QuotientAtomic Capital

Description

Utsav, a Kolkata-based spiritual platform, has raised ₹36 crore ($3.8 million) in a Series A round led by Atomic Capital, with participation from India Quotient and Equanimity Investments. The company aims to use the fresh capital to strengthen its offerings and expand its operations. Utsav's revenue has grown 8X since the last funding round. It currently fulfills around 2.5 lakh orders per month.

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
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
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

Utsav raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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