Turbulent times for online payments; Nasscom’s Indic AI betHappy Tuesday! Online payment firms brace for a bumpy road ahead. This and more in today’s ETtech Morning Dispatch.
Devotional platform Vama nets Rs 22 crore in funding roundFounded in 2020, Vama.app has partnered with over 250 temples and has a network of more than 300 astrologers on the platform. Cofounder Man...
AppsForBharat raises $20 million in round led by Susquehanna Asia Venture CapitalNandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partner also participated in the funding for the parent company of the devotio...
Amid job uncertainty, India Inc increasingly seeking career-related answers from astrology & tarotWhether they are disgruntled with performance appraisals, or anticipating the next one, laid off, or just trying to figure out how they can...
Leap of faith: Spiritual apps on global quest target Indian diasporaDevotional apps like AppsForBharat, Vama.App, and Utsav expand globally, targeting the Indian diaspora with digital rituals and ecommerce. ...
Spiritual and devotion platform Utsav raises Rs 6.35 crore in round led by Equanimity InvestmentsExisting investor India Quotient participated in the funding round. The funds will be used to expand operations domestically and globally, ...
Blinkit opens temporary store in Maha Kumbh Mela to serve pilgrimsThrough the store, Blinkit will deliver a specially curated assortment including pooja needs, milk, curd, fruits and vegetables, chargers, ...
Digital platforms lay groundwork to cash in on Maha KumbhAhead of the Maha Kumbh, travel and hospitality firms have reported an increase in bookings for Prayagraj from those who want to attend the...
Groww’s $160 million tax payout; PhonePe’s losses fallDespite a significant growth in revenue, Groww posted a net loss in FY24. This and more in today’s ETtech Top 5.
Boom time for spiritual apps: Diwali set for surge in user activityOnline devotional platforms see business booming this month amid burgeoning demand for new offerings launched during Navratri.
AppsForBharat raises $18 million funding led by FundamentumSusquehanna Asia VC, and existing investors Elevation Capital, Peak XV Partners, and Mirae Asset VC also participated in the funding round ...
Spiritual tech startup My Tirth India shuts shop due to fund crunchFounder and CEO Indraneel Dasgupta said the startup is grappling with a fund shortage after the demise of Subrata Roy, the principal shareh...
Spiritual services provider Vama joins ONDCVama.app has 400,000 monthly users and expects to double this with ONDC. Wavemaker Partners-backed Vama.app, which is onboarding ONDC as bo...
Uptick in IT hiring; ex-bureaucrat turns VCHappy Monday! IT hiring has shown a glimmer of hope in Q1. This and more in today’s ETtech Morning Dispatch.
Spiritual apps get blessed with more users, investors post CovidPost-pandemic spiritual and astrology apps have seen a significant resurgence, benefiting from increased online engagement and a growing in...
Virtual religious services startup Vama raises $500,000 in funding led by Lisa Gokongwei-ChengFounded in 2020 by Acharya Dev, Himanshu Semwal, and Jain, Vama is a one-stop virtual platform that provides easy access to e-pujas, e-dars...