Source: Entrackr
AstroTalk, which operates an online astrology platform, is in discussion for a potential new round of fundraising from $50 million to $100 million, according to sources who are informed about the talks. In this round,
“Astrotalk is seeking a valuation of $1.3 to $1.5 billion in the new round, which is expected to close in the next couple of months,” said another source as per Entrackr. If the said valuation is achieved, it would make it a unicorn (a startup valued above $1 billion).
If their valuation of current talks is realized, it represents a significant increase from its prior valuation of about $300 million. AstroTalk last raised funds in June of 2024, when it raised $14 million. Overall, AstroTalk has raised $34 million which includes investors like Left Lane Capital and Elev8 Capital.
“The discussions are ongoing with multiple investors, including a few existing backers,” said one of the sources on the request to remain unnamed. “The new round is likely to be the final one before the company files its DRHP for a public listing by the first half of the next year.”
What Does AstroTalk Offer?
AstroTalk is an online platform connecting users with astrologers. Users can reach specialists through calls, chats, or video. They work with a network of over 45000 professionals including astrologers, tarot readers, astrologers, numerologists, and Vastu consultants.
AstroTalk provides users with guidance on topics regarding marriage, careers, health, or relationships.
Excellent Financial Growth
AstroTalk’s growth in the last 2 years has been impressive. According to internal documents:
For FY24 revenue was ₹651 crore while profit was ₹100 crore.
For FY25 revenue was up to ₹1,182 crore while profit was over ₹250 crore.
New Business Line
Astrotalk has recently launched a direct to consumer (D2C) vertical with some spiritual and wellness products, all of which, among other things, offer puja bookings, gemstones, and astrological remedies. According to co-founder Anmol Jain, this new D2C vertical is expected to generate 25–30% of total revenues and is already profitable.
IPO Plans and Market Competition
AstroTalk’s IPO will make it the first online astrology startup to go public in India. It is hoping to benefit from the current trend whereby profitable tech startups are now attracting the attention of the market investors.
It will also be facing competition from other platforms such as Astrosage, Astroyogi, GaneshaSpeaks, and InstraAstro.
AstroTalk refused to comment on the funding talks when approached.
If AstroTalk meets its targeted valuation, it will be amongst other Indian unicorns of 2025 such as Jumbotail, Drools, Porter, Netradyne and Juspay.
