Utsav App, a spiritual tech startup that helps users connect with their faith and spirituality, has raised Rs 2 crore in a seed funding round led by India Quotient. The round also saw participation from angel investors like Divyanshu Tambe and Vikrant Gandhi.
Utsav App, founded in 2019 by Ankita De and Suman Chatterjee, is a platform that connects users with religious organizations, temples, and gurus. It offers live pujas, meditation sessions, and religious music to cater to users’ spiritual needs. Recently, the app received fresh funding to support its expansion plans and improve its offerings. The raised funds will be used to scale up operations and reach a wider user base. Furthermore, the company aims to introduce new features and content on the platform, aiming to enhance the overall user experience.
The funding round for Utsav App comes at a time when the spiritual tech market is growing rapidly in India. According to a report by Grand View Research, the Indian spiritual tech market is expected to reach $5.5 billion by 2027. This growth is being driven by the increasing adoption of smartphones and the growing interest in spirituality among young Indians.
Utsav App, with its large and engaged user base, is well-positioned to take advantage of this market growth. It offers a diverse range of spiritual content and enjoys strong investor support. The company’s understanding of the spiritual tech market further enhances its prospects.
With the recent funding, Utsav App is ready to establish itself as a major player in India’s spiritual tech market. It plans to expand its operations, introduce innovative features, and reach more users, providing a comprehensive spiritual experience.
