Gurugram-based digital spiritual wellness platform InstaAstro has raised $12 million in a Series A funding round led by Singularity AMC and Artha Venture Fund, with participation from the company’s founders. The round comes more than two years after InstaAstro raised Rs 18.5 crore ($2.2 million) in apre-Series A roundled by Artha Venture Fund. In November 2021, the company had raised Rs 3.2 crore in a seed round. The fresh capital will be used to expand InstaAstro’s presence in regional and international markets and invest in AI-led product development. The company plans to deploy AI for sentiment analysis and multilingual support to enhance user consultations. Founded in 2021 by Nitin Verma, InstaAstro started as an astrology consultation app and has since expanded into a broader spiritual wellness platform offering astrology, tarot, numerology, vastu, Pooja Seva and spiritual commerce. It currently has 12 million registered users and more than 5,000 verified experts across 183 countries. InstaAstro’s revenue more than doubled to Rs 111.26 crore in FY26 from Rs 52 crore in FY25. Its international business, driven largely by the Indian diaspora, contributes around 25% of its revenue. The company’s user base has also grown nearly 400% over the past two years. The company claims its annualised revenue has now crossed Rs 200 crore. InstaAstro will also expand its Pooja Seva and spiritual commerce businesses. Over the longer term, it aims to build an integrated platform covering consultation, rituals, discovery and commerce as part of users’ spiritual journeys. The company competes with GaneshaSpeaks, AstroTalk, Click Astro, Astroyogi and Bodhi. Recently, AstroTalkturned unicornfollowing an ESOP buyback. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
