Noida-based astrology start-up, InstaAstro raises Rs 3 crore from Artha Venture Fund and others.

• ByTejika Bajaj     |    December 1, 2021

Noida-based start-up, InstaAstro raised  Rs 3 crore in a seed round that was led by Artha Venture Fund along with LogX Ventures of Ramakant Sharma. The company will use the funds for product development, marketing, and services like live-astrologer sessions, remedies, e-pooja etc.

Managing Partner of Artha Venture Fund, Anirudh A Damani said after the funding round ended, “We were impressed by the team at InstaAstro and how they have leveraged new-age technology to help consumers resolve their real-life problems in a structured manner.”

InstaAstro was founded by Nitin Verma, with an aim to bring astrologers, tarot card readers, numerologists, vastu experts from India on a single online platform, which allowed users to meet astrologers online and seek actionable remedies and guidance which are then tracked, measured and presented to the user noting their improvements.

The start-up says that they have over 500 astrologers and 60,000 monthly consumers. The internet platform’s monthly recurring revenues grew about 25x since February of 2021.

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