About Taaraka
Taaraka is a company based in Thane (India) founded in 2015 by Lokesh Bathija.. Taaraka has raised $1.34 million across 5 funding rounds from investors including NB Ventures, 9series and Blume Ventures. The company has 1 employees as of April 04, 2024. Taaraka offers products and services including Astrology App, Premium Sessions, and Daily Insights. Taaraka operates in a competitive market with competitors including Astrotalk, InstraAstro, Bodhi, Astrosage and GaneshaSpeaks, among others.
- Headquarter Thane, India
- Employees 1 as on 04 Apr, 2024
- Founders Lokesh Bathija
- Stage Minicorn
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Sectors
Media & EntertainmentBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Taaraka Technologies Private Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$87.1 (USD)-99.48as on Mar 31, 2022
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Net Profit
$-245.68 (USD)99.88as on Mar 31, 2022
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EBITDA
$-233.71 (USD)99.85as on Mar 31, 2022
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Total Equity Funding
$1.34 M (USD)
in 5 rounds
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Latest Funding Round
$18.58 K (USD), Seed
Oct 07, 2021
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Investors
NB Ventures
& 20 more
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Employee Count
1
as on Apr 04, 2024
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Products & Services of Taaraka
Taaraka offers a comprehensive portfolio of products and services, including Astrology App, Premium Sessions, and Daily Insights. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for asking life questions and receiving AI-enhanced astrological answers.
Personalized audio or video astrology sessions for in-depth advice.
AI-generated personalized horoscopes and life tips daily.
Funding Insights of Taaraka
Taaraka has successfully raised a total of $1.34M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $18.58 thousand completed in October 2021. 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 Total Funding
- Total Rounds 5
- Last Round Seed — $18,580
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First Round
First Round
(03 Sep 2018)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Taaraka | Valuation | 9series |
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| Sep, 2021 | Amount | Seed - Taaraka | Valuation | Blume Ventures , NB Ventures | |
| Sep, 2020 | Amount | Seed - Taaraka | Valuation | Blume Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Taaraka
Taaraka has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include NB Ventures, 9series and Blume Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Investments are directed toward healthcare, logistics, education, and multiple sectors.
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Founded Year | Domain | Location | |
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Provides comprehensive solutions in application development, digital marketing, and cloud services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Taaraka
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Taaraka
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Taaraka Comparisons
Competitors of Taaraka
Taaraka operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astrotalk, InstraAstro, Bodhi, Astrosage and GaneshaSpeaks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized astrological predictions and consultations are provided online.
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| domain | founded_year | HQ Location |
Provider of online platform connecting users with astrology consultation services
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| domain | founded_year | HQ Location |
On-demand astrology consultations are offered via a mobile platform.
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| domain | founded_year | HQ Location |
A digital marketplace offering astrology services to users.
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| domain | founded_year | HQ Location |
Online astrology consultations, predictions, and gemstone e-commerce are provided.
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| domain | founded_year | HQ Location |
Online platform for astrology consultations, horoscopes, tarot readings, and spiritual advice services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Taaraka
When was Taaraka founded?
Taaraka was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Taaraka located?
Taaraka is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Is Taaraka a funded company?
Taaraka is a funded company, having raised a total of $1.34M across 5 funding rounds to date. The company's 1st funding round was a Seed of $129.84K, raised on Sep 03, 2018.
How many employees does Taaraka have?
As of Apr 04, 2024, the latest employee count at Taaraka is 1.
What is the annual revenue of Taaraka?
Annual revenue of Taaraka is $87.1 as on Mar 31, 2022.
What does Taaraka do?
Taaraka was founded in 2015 in Thane, India, as a SaaS platform focused on astrology and AI integration. Tools for astrologers are provided, incorporating data analytics, machine learning, and astronomical data access for time-based events. Certification courses and training resources are available, with ratings assigned to participants. B2C mobile app development solutions are also offered to support astrologers in client interactions.
Who are the top competitors of Taaraka?
Taaraka's top competitors include Astrotalk, InstraAstro and Bodhi.
What products or services does Taaraka offer?
Taaraka offers Astrology App, Premium Sessions, and Daily Insights.
Who are Taaraka's investors?
Taaraka has 21 investors. Key investors include NB Ventures, 9series, Blume Ventures, NB Ventures, and Vamsi Peri.
What is Taaraka's valuation?
The valuation of Taaraka is $6.43M as of Oct 2021.