Private Equity

VC Fund Investments

Temple services platform Vama raises $1.5 M from Wavemaker Partners, others

Business Line  

Early-stage venture capital firm Wavemaker Partners has led a seed funding round for Vama.app - a platform for temple-related services including e-puja, e-darshan, and astrology services - with an investment of USD 1.1 million. Existing investors such as Lisa Gokongwei-Cheng and Harit Nagpal participated in the round. Several Micro VC investors including Blume Founders Fund, Alluvium, Untitled VC, and angels such as Burak Buyukdemir and Dhruv Bahl also participated, taking the amount raised to USD 1.5 million. The new funds will be used by the startup to acquire talent, bolster product development, and improve its technology, with a vision to further expand user base.