DevDham Secures Rs 6 Crore in Seed Funding Led by Titan Capital for Temple Network Expansion

Devotional platform DevDham has successfully raised Rs 6 crore in its seed funding round, with leading participation from Titan Capital, All In Capital, Veda VC, and TDV Partners. The funds raised will be allocated towards expanding the temple network, bolstering technology infrastructure, and amplifying marketing efforts. DevDham is strategically focusing on enhancing tech and product infrastructure, optimizing operations, and more.

Bipin Shah, Partner at Titan Capital, expressed enthusiasm about DevDham's role in revitalizing traditions and bringing established temple rituals to life through its app. He stated, "We are glad to be a part of something transformative, to empower people on their spiritual journeys and make a positive impact on their lives."

Titan Capital, founded by Snapdeal's Kunal Bahl and Rohit Bansal, has raised over $10 billion from more than 100 institutional investors. Notable companies in its portfolio include Ola, Mamaearth, Razorpay, Urban Company, Khatabook, and Netmeds.

DevDham, previously known as DevDarshan, was founded by IIT graduates Pranav Kapoor, Suyash Taneja, and Sagnika Chowdhury. The platform connects devotees globally with Hindu temples, offering online daily darshan, pujas, and digital donations. The startup aims to establish a robust digital foundation for Indian culture, Sanatan Dharma, and Vedic traditions.

Pranav Kapoor, Co-Founder at DevDham, highlighted the investment as a testament to their potential, a catalyst for future growth, and a step closer to realizing a digital Bharat and Vedic culture. Since its inception, DevDham has expanded its network to include over 500 temples and more than 2,000 pandits in 18 states.

The religious and spiritual market in India, valued at approximately $58.56 billion in 2023, is projected to grow at a CAGR of 10 percent from 2024 to 2032, according to research firm Expert Market Research. DevDham is positioned among other startups in this sector, such as Utsav, 27 Mantra, Sutradhar, AstroTalk, and Vama.