VAMA Raises $1.5M Seed+ to Scale Its Virtual Astrology & Temple Services
VAMA Raises $1.5M Seed+ to Scale Its Virtual Astrology & Temple Services
VAMA is a one-stop virtual platform that provides easy access to an array of services for one’s religious/spiritual journey.
Virtual spirituality startup VAMA has raised $1.5M (INR 12.5 Cr) as a top-up to its seed funding round led by Wavemaker Partners, with participation from Summit Media’s Lisa Gokongwei-Cheng and Tata Play’s Harit Nagpal. The startup has raised a total of $2.8 million in funding so far. VAMA serves as a comprehensive hub, providing devotees across India with access to e-pujas, e-darshans, and astrology services through partnerships with over 250 temples and a network of more than 300 astrologers on its platform. The fresh capital will be utilized to onboard talent, enhance product development, and strengthen technological capabilities, with a focus on expanding user experiences through the introduction of new products and services.
VAMA's co-founder, Manu Jain, expressed the company's commitment to meeting the spiritual needs of its growing user base and outlined the vision to transform the traditional offline temple ecosystem into a digital realm through captivating and empowering content-driven products. The investment is seen as a testament to VAMA's dedication to innovation and excellence in the faith-tech sector, as it strives to create enduring engagement with its users.
Check out Manu Jain in Founders Everywhere.
Read more in the Hindu Business Line.
Listen to Manu Jain on the Venture Everywhere Podcast.