Astrotalk raises $20M in Left Lane Capital led funding round

The Indian astrology market is projected to soar to $25B by next year. Astrotalk, founded in 2017 by Puneet Gupta and Anmol Jain, is riding this wave of growth with innovative tech solutions.

• Connecting Consumers with Spiritual Guidance: Astrotalk serves as a bridge between consumers and over 15,000 astrologers, offering services like horoscope readings, birth chart analysis, and virtual prayer. This spiritual tech startup has become profitable and recently secured $20M series A funding led by New York-based Left Lane Capital to accelerate its expansion plans.

• Fueling Growth: With the recent funding, Astrotalk is gearing up for strategic acquisitions to penetrate international markets and develop new business verticals. The company also aims to recruit senior leadership positions.

• Global Ambitions: Astrotalk has its sights set on markets beyond India, including Canada, the Middle East, the UK, and the US.

Astrotalk has recorded remarkable financial growth, boasting over 100% year-on-year revenue growth for the past three years. The platform achieved an annual recurring revenue of $96M, with one-on-one consultations contributing to 95% of its revenue.