**AppsForBharat Secures ₹175 Crore in Series C Funding to Expand Sri Mandir App**
**Meta Description:** AppsForBharat raises ₹175 crore in Series C funding to enhance its Sri Mandir app, aiming to expand services in temple towns across India.
**URL Slug:** appsforbharat-funding-sri-mandir-app
**BENGALURU**: AppsForBharat, the company behind the online devotional app Sri Mandir, has successfully raised ₹175 crore in a Series C funding round. This round was led by Susquehanna Asia Venture Capital, with contributions from existing investors including Nandan Nilekani’s Fundamentum, Elevation Capital, and Peak XV Partners. The funding round values the Bengaluru-based startup at $175 million, nearly doubling its valuation since September 2024, as reported by sources familiar with the matter. Previously, in September, the firm secured $18 million from Fundamentum and other investors. AppsForBharat has chosen not to comment on its current valuation.
The company has achieved a revenue rate exceeding ₹100 crore in FY25 and has facilitated 5.2 million online pujas and offerings across more than 70 temples in India, according to founder and CEO Prashant Sachan. The app also boasts a significant global footprint, with nearly 20% of its demand coming from the Indian diaspora in countries such as the US, UK, UAE, Canada, Australia, and New Zealand.
**Expansion Plans in Temple Towns**
A portion of the newly raised funds will be allocated to expanding operations in over 20 temple towns across India. The company plans to enhance its services and commerce verticals, establish fulfillment and logistics hubs, and develop AI-driven features to improve user engagement. Additionally, AppsForBharat aims to increase local hiring to manage these hubs, thereby generating employment opportunities in temple towns. On the user side, the Sri Mandir app is working on AI tools designed to assist users in navigating the app, answering queries, guiding them through pujas, rituals, and festivals, and providing personalized spiritual content.
Founded in November 2020 by Sachan, AppsForBharat launched its flagship app, Sri Mandir, with the goal of supporting individuals in India and abroad on their spiritual journeys.
**Rising Trend in Faith-Tech Startups**
The faith-tech sector is witnessing significant growth in India, with investments in digital platforms soaring from $4.3 million in 2023 to $50.7 million in 2024, according to market intelligence platform Tracxn. “We have experienced a 2X growth in the last six months, creating substantial value for our temple partners and devotees. Our platform not only provides convenience and satisfaction to users but also ensures consistent, year-round revenue for priests, local vendors, and service providers in temple towns. By digitizing their services, we are helping to uplift livelihoods and stabilize an otherwise informal and fragmented ecosystem,” Sachan stated.
The appeal of these platforms is particularly strong among Gen Z and millennial consumers, who are increasingly seeking spirituality and alternative wellness options. Approximately 30% of AppsForBharat’s user base consists of individuals from the merchant community aged 25 to 35.
**Conclusion**
With its recent funding and ambitious expansion plans, AppsForBharat is poised to enhance its offerings and strengthen its presence in the faith-tech sector, catering to the growing demand for spiritual services among a diverse audience.
**FAQ**
**What is AppsForBharat’s main product?**
AppsForBharat’s main product is the Sri Mandir app, which facilitates online pujas and spiritual offerings, connecting users with temples across India and catering to the needs of the Indian diaspora globally.
