Sri Mandir keeps investors hooked as digital devotion grows
AppsForBharat, creator of the Hindu devotional app Sri Mandir, raised $20 million in a Series C round led by Susquehanna Asia Venture Capital, following a previous $18 million funding, reflecting strong investor and user interest.
MAIN POINTS
- AppsForBharat raised $20 million in a new funding round.
- The Series C round was led by Susquehanna Asia Venture Capital.
- The app Sri Mandir is attracting both devotees and investors.
- This funding comes just nine months after a previous $18 million round.
TAKEAWAYS
- Sri Mandir's popularity is driving significant investor interest.
- AppsForBharat is rapidly securing substantial funding rounds.
- The devotional app market in India is gaining traction.
- Investors see potential in religious and cultural apps.