DevDham, a devotional platform previously known as DevDarshan, has raised Rs 6 crore in a seed funding round co-led by notable investors, including Titan Capital, All In Capital, Veda VC, and TDV Partners.
What does DevDham do?
Founded by IIT graduates Pranav Kapoor, Suyash Taneja, and Sagnika Chowdhury in 2020, DevDham's primary goal is to globally connect devotees with Hindu temples. The platform offers online daily darshan, pujas, and digital donations, aiming to become a comprehensive devotional hub.
“We aim to lay a strong digital foundation for Indian culture, Sanatan Dharma, and Vedic traditions.This investment is a testament to our potential, a catalyst for future growth, and a step closer towards digital Bharat and Vedic culture. Om Namah Shivaya,” said Pranav Kapoor, Co-Founder at DevDham.
Expanding temple network
According to the startup, the raised capital would be utilized to expand its temple network, enhance its technological infrastructure, and bolster marketing efforts. Additionally, It intends to focus on building tech and product infrastructure, operations, and temple relations.
DevDham said so far it has facilitated over 500,000 mantra chantings and 100,000 darshans for more than 100,000 devotees. It has also established a network encompassing over 500 temples and 2,000 pandits across 18 states.
The current landscape of the devotional market in India
The devotional market in India, currently valued at around $50 billion, is largely unorganized. DevDham's funding round is part of a growing trend among early-stage startups in the devotional and astrological space.
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