AppsForBharat raises $20 Mn in Series C round

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Here’s a structured list based on the information provided:

Startup Details

  • Startup: AppsForBharat
  • Platform: Sri Mandir
  • Founded: 2020
  • Founders:
    • Prashant Sachan (Founder & CEO)
    • Pulkit Pujara (Former founder of AirBlack)
    • Ayush Chamaria (Previously with Matrix Partners)

Fundraising Information

  • Series C Fundraise:

    • Amount Raised: Rs 175 crore (around $20 million)
    • Date: (Not specified)
    • Lead Investor: Susquehanna Asia Venture Capital
    • Existing Investors:
    • Nandan Nilekani’s Fundamentum
    • Elevation Capital
    • Peak XV Partners
  • Series B Fundraise:
    • Amount Raised: $18 million
    • Date: September 2024

Financial Overview

  • Total Raised Across Rounds: Over $50 million
  • Operating Revenue FY24: Rs 18.53 crore (up from Rs 3.53 crore in FY23)
  • Year-on-Year Losses FY24: Rs 39 crore (down from Rs 44.97 crore)

Additional Information

  • Downloads: Over 40 million
  • Online Rituals Performed: 5.2 million across more than 70 temples
  • Market Reach: Users from the USA, UK, UAE, Canada, Australia, and New Zealand

Feel free to ask if you need any more detailed information!

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2025-07-01 00:30:37