Paavan

Delhi, India Founded: 2021 • Age: 5 yrs Minicorn
App-based platform offering bhajans, stories, and lessons related to Hinduism

About Paavan

Paavan is a Media & Entertainment company based in Delhi (India) founded in 2021 by Sankalp Jain and Mohit Mittal. It operates as an app-based platform offering bhajans, stories, and lessons related to Hinduism. Paavan has raised $567.75 thousand across 2 funding rounds from investors including WaterBridge Ventures, Anand Lunia and Saurabh Aggarwal. The company has 1 employees. Paavan was last valued at $1.94 million in May 2022. Its Indian entity Bharatfirst Technologies Private Limited reported revenue of β‚Ή7.3 Lakh. Its focus areas include Consumer, Religion Tech, Online Learning and Hinduism. Its competitors include Vedic Students, Gurmatsagar, Divine Arts, Dancing Ganesh and Praarthana and 2 more.

Company details

Paavan was founded in 2021 in Delhi, India, as an app-based platform focused on Hinduism-related resources. Bhajans, stories, lessons, mantras, Chalisa, guru guidance, religious books, mythological tales, and serials are provided through its mobile application. The app is accessible to Android and iOS users, supporting devotional and educational needs in the religious content sector.

  • Headquarters Delhi, India
  • Employees 1
  • Founders Sankalp Jain, Mohit Mittal
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website paavan.app
  • Social LinkedIn Facebook
  • Legal Name Bharatfirst Technologies Private Limited
  • Date of Incorporation 26 Jul, 2021
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹7.3 Lakh

    FY 2023 · +4352% YoY

  • Net Loss
    -₹1.61 Cr

    FY 2023 · -2209% margin

  • EBITDA
    -₹1.59 Cr

    FY 2023 · -2177% margin

  • Total Equity Funding
    $567.75K (USD)

    in 2 rounds

  • Latest Funding Round
    $500K (USD), Seed

    May 2022

  • Investors
  • Employee Count
    1

Funding Insights of Paavan

Paavan has successfully raised a total of $567.75K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in May 2022. 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 $567,750
  • Total Rounds 2
  • Last Round Seed β€” $500,000
  • First Round $67,750

    (Sep 2021)

  • Investors Count 62

All 2 funding rounds of Paavan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$500,000Seed$1.94MWaterBridge
Sep 2021$67,750Seed$1.19MSiddhi Jain
Valuation history
DateValuationStage
May 2022$1.94Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2021$1.19Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.94M (May 2022). 62 investors in total: 3 institutional and 59 angel.

Investors in Paavan

Paavan has secured backing from 62 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include WaterBridge Ventures, Anand Lunia and Saurabh Aggarwal.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech investments are focused on by WaterBridge in India.
–waterbridge.vcDelhi, India
Limited information available
–Soonicorn.tcc.modeDelhi, India
Limited information on Soonicorn's core activities is available.
–soonicorn.tcc.modeGurugram, India

Anand Lunia

Founding Partner at India Quotient, active angel investor in Indian startups
–unknown_5ad4566c677c45a49-

Saurabh Aggarwal

Angel investor, ex-Google, focused on tech startups in India
–unknown_9a0379abccfc48ac8-

Ishendra Agarwal

Angel investor and entrepreneur, co-founder of Campus Sutra, active in Indian startup ecosystem
–unknown_63af051f1552425f9-

Kirti Jangra

Angel investor and entrepreneur, focusing on early-stage Indian startups.
–unknown_aef7c1f130e346468-

Rishabh Goel

Co-founder of Credgenics, active angel investor in Indian startups
–unknown_243a981f5f4141c88-

Chitransh Sahai

Founder of GoKwik, angel investor in Indian startups
–unknown_193f4a609b424e52b-

Prachi Kumari

-
–unknown_dd394a2c022e4994b-
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Investor details for Paavan

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Board of directors of Bharatfirst Technologies Private Limited (Paavan)

Bharatfirst Technologies Private Limited is the primary company behind Paavan. The board of Bharatfirst Technologies Private Limited currently have 2 directors; the longest-serving is Sankalp Jain, appointed in 2021. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sankalp Jain
DIN 07211997
Director26 Jul 20215 yrs 2 moBharatfirst Technologies Private Limited
Anuj Jain
DIN 10278210
Director14 Aug 20233 yrs 2 moBharatfirst Technologies Private Limited

People of Paavan

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

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Paavan

Figures of Bharatfirst Technologies Private Limited, the primary company behind Paavan, for FY 2023. Revenue was ₹7.3 Lakh (+4352% year on year). Net loss was -₹1.61 Cr (-2209% margin). EBITDA was -₹1.59 Cr (-2177% margin).

  • ₹7.3 LakhRevenue · FY 2023 · +4352% YoY
  • -₹1.61 CrNet loss · -2209% margin
  • -₹1.59 CrEBITDA · -2177% margin
  • ₹26 LakhPaid-up capital

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

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Detailed financial statements for Paavan

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Paavan

4 dated milestones of Paavan across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Paavan is founded.
  2. Funding First funding round of $68K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $500K.

Competitors of Paavan

Paavan has 7 listed competitors in our database. They include Vedic Students, Gurmatsagar, Divine Arts, Dancing Ganesh and Praarthana, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vedicstudents.com2015–––
App-based platform offering Hindu chants and mantras for spiritual learning.
gurmatsagar.com2011Gurdaspur, India––
Provides a live streaming app for kirtans and religious events.
divinearts.in2013Mumbai, India––
Delivers AI-based apps for comprehensive Shloka learning solutions.
dancingganesh.co.uk2009Birmingham, United Kingdom––
Delivers an app-based platform with resources on Hinduism.
praarthana.app2021India––
Offers an app-based platform with prayer books for Hindu users.
h2oapp.online2017Rossendale, United Kingdom––
An app-based platform providing spiritual healing services for personal well-being.
jaibhole.co.in2020India––
App-based online learning platform focused on Hindu education and resources.
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Top companies in Religion & Faith Platforms

10 companies that operate in the same segment as Paavan (Religion & Faith Platforms), 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 768.06 K95
Personalized astrological predictions and consultations are provided online.
2017Noida, Uttar Pradesh, IndiaUSD 30.31 MUSD 77 M55
App-based platform offering catholic prayers and meditation sessions
2018Detroit, Michigan, United StatesUSD 157 M––
Support for life's transitions is provided by Empathy.
2021New York, New York, United StatesUSD 162 M––
Provider of online platform connecting users with astrology consultation services
2021Noida, Uttar Pradesh, IndiaUSD 17.16 M––
A community platform is operated for sharing thoughts and prayers.
2016Santa Monica, California, United StatesUSD 16 M––
Prayer tracking and management app for Christians is provided.
2019London, England, United KingdomUSD 80 M––
Online platform for churches for the engagement of the community
2005United States–––
Spiritual guidance is provided through psychic and astrology services.
2016New York, New York, United StatesUSD 4.5 M––
Forest burial and memorial services are provided to families.
2015San Francisco, California, United StatesUSD 27.8 M–131
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Related news about Paavan

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Frequently Asked Questions about Paavan

Paavan was founded in 2021.

Paavan is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Paavan is a funded company, having raised a total of $567.75K across 2 funding rounds to date. The company's 1st funding round was a Seed of $67.75K, raised on Sep 2021.

Paavan has 1 employees.

The primary company behind Paavan, Bharatfirst Technologies Private Limited, reported revenue of β‚Ή7.3 Lakh for FY 2023, up 4352% year on year.

Paavan was founded in 2021 in Delhi, India, as an app-based platform focused on Hinduism-related resources. Bhajans, stories, lessons, mantras, Chalisa, guru guidance, religious books, mythological tales, and serials are provided through its mobile application. The app is accessible to Android and iOS users, supporting devotional and educational needs in the religious content sector.

Paavan's top competitors include Gurmatsagar, Divine Arts and Praarthana.

Paavan has 62 investors. Key investors include WaterBridge Ventures, Anand Lunia, Saurabh Aggarwal, Ishendra Agarwal, and Kirti Jangra.

The valuation of Paavan is $1.94M as of May 2022.

Paavan operates through Bharatfirst Technologies Private Limited.

The legal entities of Paavan currently have 2 directors, including Anuj Jain, Sankalp Jain.

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