In a remarkable stride for digital spirituality, AppsForBharat, the Indian startup behind the popular Hindu devotional app Sri Mandir, has raised $20 million in a Series C funding round. This achievement comes just nine months after their previous $18 million raise, highlighting the growing investor confidence in the platform's mission to digitize devotion.
The funding round was led by Susquehanna Asia Venture Capital, with participation from notable existing investors such as Nandan Nilekani’s Fundamentum and Elevation Capital. This influx of capital is set to fuel Sri Mandir's expansion, focusing on enhancing temple partnerships, integrating advanced AI features, and strengthening its logistics network across India.
Sri Mandir has rapidly gained traction among devotees by offering a seamless platform for spiritual engagement, including virtual temple visits, puja bookings, and access to religious content. The app's ability to connect millions of users with their faith digitally has positioned it as a leader in the digital devotion space.
With India’s growing internet penetration and increasing smartphone usage, the demand for spiritual and religious apps like Sri Mandir is on the rise. The startup aims to capitalize on this trend by expanding its reach and introducing innovative features to enhance user experience.
AppsForBharat's vision extends beyond technology, aiming to preserve and promote India’s rich cultural and religious heritage through digital means. The latest funding will also support the company in forging deeper connections with temples and improving accessibility for devotees worldwide.
As the digital devotion market continues to grow, Sri Mandir stands out as a pioneer, attracting not only a vast user base but also significant investor interest. This funding round marks a pivotal moment for the startup, promising exciting developments in the intersection of technology and spirituality.
Maria Lourdes
