Funding Alert
Religious content app Paavan bags $500K in its seed round of funding
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ByStartupStory | June 22, 2022
The seed investment round for Bharatfirst Technologies content app Paavan, an app promoting spirituality and the Bhartiya way of life, garnered $500K. Waterbridge Ventures was the round’s lead investor. Anand Lunia, General Partner at IndiaQuotient, as well as Saurabh Aggarwal, Co-Founder of Fitso, Ishendra Agarwal, Co-Founder of Giva, Kirti Jangra, Co-Founder of Animall, RishabhGoel, co-Founder of Credgencies, and Chitransh Sahai, Co-Founder of Gocomet, participated in the investment round.
The company intends to utilise the money to expand recruiting, develop the product, and produce new content. Sankalp Jain, Nitin Agrawal, and Mohit Mittal formed Paavan in 2021; BharatFirst Technologies is its parent business. It assists in teaching its customers old wisdom, science, and practices through its app so they can live happy, mindful, and balanced lives.
Through its platform, it offers Shastra and Gita Gyan, information about Indian culture, spiritual stories and facts, and web stories. On Google Play, it has received over 100,000 downloads as of this writing, and it claims to have over 100,000 active users per month.
India’s top app for spirituality and the Bhartiya way of life is called Paavan. To live a happy, mindful, and balanced existence, use their extensive old knowledge, science, and practices. Make wise judgments and resolve day-to-day issues. 100% Free and Made in India.
The firm wants to bring old lessons back to the forefront and apply them practically to current living. The startup, according to sources, is extremely certain about the finances and how to employ them for the sector’s improvement.
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