InstaAstro a Noida-based B2C Astrotech startup has raised a funding amount of $2.30 million in a pre series A funding round led by Artha venture fund. Other investors who participated in the round are  LongX Ventures, IR Capital Partners, Singularity ventures, Blume Founders fund and Ixigo’s managing  director and CEO, Aloke Bajpai. In februray, this startup raised $20 million in series A round led by left  lane capital. 

This startup is planning to expand its market globally and build its brand presence across southern  areas by deploying fresh proceeds to get new talents. InstaAstro is an B2C astrotech platform founded  by Nitin Verma in 2021. InstaAstro offers an online platform for astrology reading, live chat or call  sessions with astrologers and tarot card reading. The founder of InstaAstro, Nitin Verma mentioned  that with their ARR achievement and being treated as trusted company by investors is exhilarating.  The startup introduced its new services and showed confidence about expanding globally to connect  with spiritual seekers worldwide. 

Anirudh A Damani, who is a managing partner of Artha Venture, which is one of the biggest investors  of InstaAstro mentioned that astrology is area of interest across economic classes and InstaAstro has  already made its position in astrology market by offering affordable access and reliable information to  its customers. With growing astrology market in the world, InstaAstro differentiate itself with its  offerings that are reflected in rapid yet sustainable growth of its revenues. Artha Venture Fund have  been backing InstaAstro from past 3 years. InstaAstro secured seed funding of $426k in 2021, led by  Artha Venture Fund.  

Last year, the Indian religious and spiritual market had a value of $58.56 billion, EMR reports. The  astrology sector is predicted to grow at a CAGR of 10% from 2024 to 2032, it is expected to reach over  $150 billion by 2032. This Noida-based startup gives direct competition to other known astrology  platforms including Astrotalk, and Astroyogi. The startup plans to introduce its new e-commerce and  Reiki healing services, enhancing its services. The platform is available in many regional and global  languages and boasts over 5 million users. The startup reported in FY24 they have provided over 20  million minutes of consultation through its 1500 astrologers. 

Conclusion: 

InstaAstro a Noida-based B2C Astrotech startup has raised a funding amount of $2.30 million in a pre series A funding round led by Artha venture fund. This startup is planning to expand its market globally  and build its brand presence across southern areas by deploying fresh proceeds to get new talents. 

The startup introduced its new services and showed confidence about expanding globally to connect  with spiritual seekers worldwide. InstaAstro offers an online platform for astrology reading, live chat  or call sessions with astrologers and tarot card reading. The startup reported in FY24 they have  provided over 20 million minutes of consultation through its 1500 astrologers. The startup plans to  introduce its new e-commerce and Reiki healing services, enhancing its services. The platform is  available in many regional and global languages and boasts over 5 million users.