AppsForBharat, the mum or dad firm of devotion platform Sri Mandir, has raised $18 million in Collection B funding led by Fundamentum. Susquehanna Asia VC participated within the spherical, as did current buyers Elevation Capital, Peak XV, and Mirae Asset VC.
The funds will likely be utilised to scale the Sri Mandir app’s India and worldwide operations, onboard new temples, launch new companies, and construct a complete tech stack for the devotional ecosystem.
Based in November 2020 by Prashant Sachan, AppsForBharat addresses the individuals’s underserved devotional and non secular wants.
The Sri Mandir app at present gives entry to a complete checklist of over 50 temples. It permits customers to take part in pujas, supply items (Chadhava) as a part of the rituals, and entry a wealth of devotional content material, all from the consolation and comfort of their houses.
Since its launch in 2020, Sri Mandir has garnered over 30 million app downloads. Within the final 12 months, over 5 lakh devotees have carried out 27 lakh pujas & choices at temples throughout India by way of the Sri Mandir app.
“Over the following 5 years, we intention to broaden our choices by introducing non secular tourism, facilitating particular Darshan tickets, and offering seamless supply of Prasad and associated devotional items. Our imaginative and prescient is to remodel Sri Mandir into an end-to-end digital tech platform that caters to each facet of the devotional journey,” mentioned Prashant Sachan, Founder and CEO of AppsForBharat.
Over half a billion individuals in India and 50 million extra worldwide lack a trusted platform for his or her devotional wants. Every day, 200 million devotees carry out pujas and rituals—whether or not at house, with native monks, or by travelling to temples and pilgrimage websites—in the hunt for deeper connection, peace, and well-being and for strengthening household bonds.
Regardless of its significance, India’s entry to devotional companies and data stays unorganised, fragmented, and inconvenient. There’s a important alternative to create a tech platform that brings quick access and comfort to devotional practices, fostering a linked ecosystem of devotees, monks, and temples, mentioned the corporate in its assertion.
This imaginative and prescient impressed Prashant and his staff to construct Sri Mandir, which has now turn into India’s largest devotional platform, serving the devotional wants of individuals each in India and overseas.
The app’s complete tech stack will combine and improve the expertise of all stakeholders—temples (huge and small), service suppliers (pandits/purohits), and devotees. The platform will deepen its roots in India and scale worldwide operations in key markets such because the USA, UK, and Canada.
