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Home > Startups > Funding > AppsForBharat raises ₹175 crore in Series C funding led by Susquehanna Asia Venture Capital

AppsForBharat raises ₹175 crore in Series C funding led by Susquehanna Asia Venture Capital

Founded in November 2020 by Prashant Sachan, AppsForBharat’s flagship app, Sri Mandir, has already crossed 4 crore downloads.

Abhinav Kumar Singh
Last updated: July 4, 2025 1:06 AM
By Abhinav Kumar Singh
AppsForBharat raises ₹175 crore in Series C funding led by Susquehanna Asia Venture Capital
AppsForBharat raises ₹175 crore in Series C funding led by Susquehanna Asia Venture Capital
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AppsForBharat, the parent company of devotional app Sri Mandir, has raised ₹175 crore in a Series C funding round led by Susquehanna Asia Venture Capital. The round also saw participation from existing investors inlcuding, Nandan Nilekani’s Fundamentum Capital, Elevation Capital and Peak XV Partners.

The funds raised will be used to expand in over 20 temple towns in India, which include Ayodhya, Varanasi, Ujjain and Haridwar. The investment will also be used to strengthen services and commerce verticals, establish fulfilment and logistics hubs, and build AI-led features to boost user engagement. The firm will also ramp up local hiring to run and manage operations of these hubs and fuel employment generations in temple towns.

Prior to this, AppsForBharat raised $18 million in its Series B round in September 2024.

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Founded in November 2020 by Prashant Sachan, AppsForBharat’s flagship app, Sri Mandir, has already crossed 4 crore downloads. The app enables devotees to participate in online pujas, offer goods , receive prasad and access devotional content.

According to the company, in the last 12 months, 12 lakh devotees have done 52 lakh online pujas and chadavas (offerings) at more than 70 temples across India. The app also has a significant global presence with nearly 20% of the demand coming from the Indian diaspora living in the US, UK, UAE, Canada, Australia and New Zealand.

This year, the app served as the exclusive digital partner to the Vedashram Trust at the Mahakumbh Mela 2025. They also have supported smaller temples across Uttarakhand, Ujjain and Tirunelveli.

Sri Mandir is also developing AI tools that will help users navigate the app, answer queries, hand-hold users through pujas, rituals and festivals, and recommend personalized spiritual content.

Prashant Sachan, Founder & CEO, AppsForBharat, said, “We have grown by 2X in the last 6 months and have been able to create significant value to our temple partners and our devotees. We’ve not only brought ease, convenience and satisfaction to our devotees but more importantly enabled consistent, year-round revenue for priests, local vendors, and service providers in temple towns.”

TAGGED:AppsForBharatElevation CapitalFundamentumPeak XV PartnersSusquehanna Asia Venture Capital

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