AppsForBharat, a Bengaluru-based startup building apps for the spiritual and devotional needs of Indian users, has raised $10 million in a Series A round led by Elevation Capital.

Existing investors like Sequoia Capital India, BEENEXT and Matrix Partners India also participated in the round. The Series A funding round also featured leading angels like Scott Schleifer (Partner at Tiger Global); Ankush Sachdeva, Farid Ahsan, and Bhanu Pratap Singh (Co-founders of ShareChat); Saurabh Gupta (Managing Partner at DST Global), Utsav Somani (Partner at iSeed), Anshumani Ruddra (Group PM at Google), Vidit Aatrey and Sanjeev Barnwal (Co-founders at Meesho); and Kunal Shah (Founder at CRED).

As per the startup, the raised funds will be used for building the product, creating content IPs, and hiring talent across the product, data, and engineering verticals.

AppsForBharat | Assisting Indians In Their Spiritual And Devotional Journey

Founded by Prashant Sachan in November 2020, AppsForBharat is a Bengaluru-based product studio focused on building apps for the spiritual and devotional needs of Indian users. As per the startup, their mission is to assist a billion Indians in their spiritual and devotional journeys-and guide them on the path towards feeling happy, peaceful, and content.

According to an Expert Market Research report, the religion and spirituality market in India is expected to grow at a CAGR of 10%.

Speaking on the development, Prashant Sachan, Founder of AppsForBharat, said,

“We are grateful to have such great partners on our journey. As we continue building AppsForBharat, we are putting together a great team that is customer obsessed and approaching it the right way — focussing on user needs as well as driving delight and long-term retention.”

SriMandir, the first product by the startup, aims to be the virtual destination for devotees. Also, AppsForBharat offers a wide range of products, including high quality spiritual, wellbeing, devotional, and meditation-related tools, communities, and services. 

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