Private Equity

VC Fund Investments

AstroTalk attracts $20-M from Left Lane Capital

Entrackr  

Noida-based online astrology platform AstroTalk is raising nearly USD 20 million in a Series A round – its maiden institutional funding round - from New York-based Left Lane Capital. AstroTalk will issue 11,211 Series A CCPS at INR 1,45,531 (upper-band) each to raise INR 163 crore (about USD 20 million).AstroTalk is a platform to consult astrologers via the internet, call, and chat and claims to have 13,000 astrologers, tarot readers, numerologists, and vastu experts on its platform. The firm posted a revenue of INR 283 crore in FY23 whereas its profits spiked 41.7% to INR 8.5 crore.