Melooha

Nagpur, India Founded: 2022 • Age: 4 yrs Minicorn
AI-powered personalized astrology app is offered on iOS and Android.

About Melooha

Melooha is a Media & Entertainment company based in Nagpur (India) founded in 2022 by Vikram Labhe and Shalini Jain. AI-powered personalized astrology app is offered on iOS and Android. Melooha has raised $635 thousand across 1 funding round from investors including Streak Ventures, proSoC and Gawilgarh Ventures. The company has 1 employees. Melooha has completed 1 acquisition, including Munitalks. Melooha was last valued at $3.44 million in September 2023. Its chief executive, as recorded, is Vikram Labhe. Its website melooha.com draws about 133 thousand monthly visits. Its Indian entity Astroverse Technologies Private Limited reported revenue of β‚Ή2.4 Lakh. Its focus areas include Consumer, Religion Tech, Astrology and Horoscope Apps. Its competitors include Astrotalk, InstraAstro and Bodhi; 3 of its 3 listed competitors have raised funding.

Company details

Melooha was founded in 2022 in Nagpur, India, as an AI-driven platform in the digital wellness sector. A mobile application is provided for iOS and Android devices, where real-time guidance on life questions, daily insights, and horoscopes are delivered to users. Compatibility checks with friends, family, or others are also facilitated through the apps features. Operations focus on personalized astrological services accessible via the domain melooha.com.

Key Metrics
  • Annual Revenue
    ₹2.4 Lakh

    FY 2024

  • Net Loss
    -₹36.6 Lakh

    FY 2024 · -1511% margin

  • EBITDA
    -₹36.6 Lakh

    FY 2024 · -1511% margin

  • Total Equity Funding
    $635K (USD)

    in 1 rounds

  • Latest Funding Round
    $635K (USD), Seed

    Sep 2023

  • Investors
    proSoC

    & 2 more

  • Employee Count
    1
  • Investments & Acquisitions

Apps and channels of Melooha

Melooha publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Melooha has 93 subscribers.

Melooha: Trusted Astrology App
Google Play Lifestyle Everyone Free
Developer: Melooha
View on Google Play
Melooha: Trusted Astrology App
App Store Lifestyle 4+
Developer: Astroverse Technologies Pvt. Ltd.
View on App Store
Melooha
YouTube 93 subscribers Science & Technology
Open channel

Funding Insights of Melooha

Melooha has successfully raised a total of $635K through 1 strategic funding round. The most recent funding activity was a Seed round of $635 thousand completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $635,000
  • Total Rounds 1
  • Last Round Seed β€” $635,000
  • First Round $635,000

    (Sep 2023)

  • Investors Count 3

All 1 funding rounds of Melooha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$635,000Seed$3.44MStreak Ventures, proSoC
Valuation history
DateValuationStage
Sep 2023$3.44Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.44M (Sep 2023). 3 investors in total: 3 institutional.

Investors in Melooha

Melooha has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Streak Ventures, proSoC and Gawilgarh Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in angel round of astrology SaaS startup
Develops custom silicon for AI, autonomous driving, and augmented reality.
prosoc.techBengaluru, India
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Investor details for Melooha

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Board of directors of Astroverse Technologies Private Limited (Melooha)

Astroverse Technologies Private Limited is the primary company behind Melooha. The board of Astroverse Technologies Private Limited currently have 2 directors; the longest-serving is Vikram Labhe, appointed in 2022. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vikram Labhe
DIN 02688537
Director28 Feb 20224 yrs 8 moAstroverse Technologies Private Limited
Bhalchandra Balkrishna Patil
DIN 08905040
Director08 May 20233 yrs 6 moAstroverse Technologies Private Limited

People of Melooha

2 people are tracked at Melooha (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEO & DirectorLeadership
Co-Founder & DirectorLeadership
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Financials of Melooha

Figures of Astroverse Technologies Private Limited, the primary company behind Melooha, for FY 2024. Revenue was ₹2.4 Lakh. Net loss was -₹36.6 Lakh (-1511% margin). EBITDA was -₹36.6 Lakh (-1511% margin).

  • ₹2.4 LakhRevenue · FY 2024
  • -₹36.6 LakhNet loss · -1511% margin
  • -₹36.6 LakhEBITDA · -1511% margin
  • ₹1.36 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Astroverse Technologies Private Limited are on its company page.

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Detailed financial statements for Melooha

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Investments & Acquisitions by Melooha

Melooha has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Munitalks.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
AI-based translation and astrological guidance services are provided.
munitalks.com0Jul 2024β€’β€’β€’β€’
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Timeline of Melooha

4 dated milestones of Melooha across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Melooha is founded.
  2. Funding First funding round of $635K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Munitalks.

Competitors of Melooha

Melooha has 3 listed competitors in our database, 3 of them funded. They include Astrotalk, InstraAstro and Bodhi.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
astrotalk.com2017Noida, India$30.31M103
Personalized astrological predictions and consultations are provided online.
instaastro.com2021Noida, India$3.23M8
Provider of online platform connecting users with astrology consultation services
bodhi.app2020Ghaziabad, India$1.23M
On-demand astrology consultations are offered via a mobile platform.
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Detailed competitors of Melooha

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Web traffic of Melooha

The website of Melooha (melooha.com) receives about 133.5K visits a month and ranks #543,429 among all websites worldwide, #5,452 in Investing.

  • Monthly visits
    133.5K

    ▲ 98.4% vs previous month

  • Unique visitors
    37.9K

    per month

  • Global rank
    #543,429

    among all websites

  • Category rank
    #5,452

    Finance · Investing

Similar websites

Websites whose visitors overlap most with Melooha. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
medial.app
100%
73.3K#527,363View details
vedicastrogpt.com
81%
#1,365,708View details
divinehindu.in
60%
1.1M#64,181View details
astroficial.com
32%
#1,276,993View details
astroguruonline.com
astroguruonline.com
31%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Religion & Faith Platforms

3 companies that operate in the same segment as Melooha (Religion & Faith Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
A platform is provided for devotional services and spiritual products.
2020Bengaluru, Karnataka, IndiaUSD 53.36 MUSD 8.37 M95
Personalized astrological predictions and consultations are provided online.
2017Noida, Uttar Pradesh, IndiaUSD 30.31 MUSD 141.88 M55
Provider of online platform connecting users with astrology consultation services
2021Noida, Uttar Pradesh, IndiaUSD 17.16 M
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Related news about Melooha

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Frequently Asked Questions about Melooha

Melooha was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Melooha is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.

Vikram Labhe is the CEO of Melooha, as recorded in our data. They have also founded this company.

Melooha is a funded company, having raised a total of $635K across 1 funding round to date. The company's 1st funding round was a Seed of $635K, raised on Sep 2023.

Melooha has 1 employees.

The primary company behind Melooha, Astroverse Technologies Private Limited, reported revenue of β‚Ή2.4 Lakh for FY 2024.

Melooha was founded in 2022 in Nagpur, India, as an AI-driven platform in the digital wellness sector. A mobile application is provided for iOS and Android devices, where real-time guidance on life questions, daily insights, and horoscopes are delivered to users. Compatibility checks with friends, family, or others are also facilitated through the apps features. Operations focus on personalized astrological services accessible via the domain melooha.com.

Melooha's top competitors include Astrotalk, InstraAstro and Bodhi.

Melooha has made 1 acquisition, including Munitalks.

Melooha has 3 investors. Key investors include Streak Ventures, proSoC, and Gawilgarh Ventures.

The valuation of Melooha is $3.44M as of Sep 2023.

Melooha operates through Astroverse Technologies Private Limited.

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