News Update

Bengaluru-based AppsForBharat raises $10M, round led by Elevation Capital

• BySheetal Sidhu     |    September 2, 2021

Bengaluru-based AppsForBharat, a product studio focused on building apps for spiritual and devotional needs of Indian users, has raised $10 million in a Series A round led by Elevation Capital with participation from existing investors Sequoia Capital India, BEENEXT and Matrix Partners India. The round also featured leading angels like Scott Schleifer (Partner, Tiger Global); Saurabh Gupta (Managing Partner, DST Global); Ankush Sachdeva, Farid Ahsan, and Bhanu Pratap Singh (Co-founders, ShareChat); Utsav Somani (Partner, iSeed); Anshumani Ruddra (Group PM, Google); Vidit Aatrey and Sanjeev Barnwal (Co-founders, Meesho); and Kunal Shah (Founder, CRED).
According to the official statement, the company will use the funding for creating content IPs, building the product, and hiring talent across the product, data, and engineering verticals. AppsforBharat aims to become a digital spiritual sanctuary for those looking to enhance their spiritual and devotional journey through the ease of their smartphones. Their apps are attempting to move offline behaviour to online and thereby create a digital habit.

Prashant Sachan, Founder, AppsForBharat, said, “We are grateful to have such great partners on our journey. As we continue building AppsForBharat, we are putting together a great team that is customer obsessed and approaching it the right way — focussing on user needs as well as driving delight and long-term retention.” “Our aim is to build products that users love, one that becomes a daily habit for a billion Indians, products that offer happiness and peace. If someone (reading this) is passionate about building products for such needs, we invite them to join our team.”

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