AstroTalk is a Noida-based B2C Astrotech startup that has raised a funding amount of $9.5 million in  its extended series A funding round led by Left Lane Capital and Elev8 Capital. Left Lane Capital  invested Rs 58.3 crore while Elev8 Capital invested over Rs 20 crore. This Astrotech startup is  planning to raise more than $30 million in its upcoming round.  

This Noida-based startup provides a B2C Astrotech platform that offers online astrology consultation  from astrologers across the world via the internet, call, or chat. This startup has features including  tarot reading, and palm reading, and is planning to expand its market globally. The board has  approved a resolution to allot 5,067 compulsory convertible preference shares to raise $9.5 million.  TheKredible predicted the startup’s post-valuation to be around $300 million. The startup’s valuation  had a 33.3% increase compared to the last round.  

AstroTalk has already raised more than Rs 172 crore to date including $20 million raised in its  series A round in February. Entracks reports. The startup has more than 13,000 astrologers, Vastu  experts, tarot readers, and Numerologists. Astrotalk had good financial performance in FY23 with  revenue growth to Rs 283 crore, which is 146% more than the previous year. The profit also  increased by 41.7% and reached s 8.5 crore. Entrackr estimated the company to have Rs 650 crore in  revenue and Rs 100 crore in profit by the end of FY24.  

Last year, EMR reported that the Indian religious and spiritual sector had a value of $58.56 billion.  The astrology market is expected to increase at a CAGR of 10% from 2024 to 2032, it is predicted to  touch the $150 billion mark by 2032. The startup data intelligence, The Kredible reported that in the  past year, Astrotech and spiritual tech startups raised over $25 million. Some of these startups  include Ustav App, Vama, and InstaAstro, among others.  

Conclusion: 

Astrotalk is a Noida-based B2C Astrotech startup that has raised a funding amount of $9.5 million in  an extended series A funding round led by Left Lane Capital and Elev8 Capital. This startup is  planning to raise more than $30 million in its upcoming rounds and expand its market globally. This  Noida-based startup offers the best astrology website for online astrology-related readings and  predictions. AstroTalk offers an online platform for tarot reading, and palm reading, via call or chat  sessions with experts.

The startup claims to have more than 13,000 astrologers, Vastu experts, tarot  readers, and Numerologists. The company has already raised more than Rs 172 crore to date  including $20 million raised in its series A round in February. The company is also aiming to introduce  additional features by enhancing its services. The company faces competition from InstaAstro, Ustav  App, and Vama, among others. The startup plans to enhance its platform, and make it more secure,  easy to use, and reliable for its users.