About UtsavApp
UtsavApp is a company based in Kolkata (India) founded in 2021 by Sourajit Basu, Prajata Samanta, and Ankita De.. UtsavApp has raised $1.02 million across 3 funding rounds from investors including India Quotient, Equanimity Investments and Sanjay Mehta. UtsavApp offers products and services including Utsav App, Live Darshan, and Puja Booking. UtsavApp operates in a competitive market with competitors including VAMA, DevDham, SmartPuja, ePuja and Shubhpuja, among others.
- Headquarter Kolkata, India
- Founders Sourajit Basu, Prajata Samanta, Ankita De
- 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 Nirvann Applications Private Limited
- Date of Incorporation 15 Nov, 2021
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$52.78 K (USD)8677.15as on Mar 31, 2023
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Net Profit
$-20.1 K (USD)-177.76as on Mar 31, 2023
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EBITDA
$-20.06 K (USD)-178.65as on Mar 31, 2023
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Total Equity Funding
$1.02 M (USD)
in 3 rounds
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Latest Funding Round
$733.3 K (USD), Seed
Sep 08, 2024
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Investors
India Quotient
& 7 more
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Employee Count
Employee Count
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Products & Services of UtsavApp
UtsavApp offers a comprehensive portfolio of products and services, including Utsav App, Live Darshan, and Puja Booking. 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.
Mobile app for booking pujas and receiving prasad at home.
Feature for watching live temple darshan remotely.
Online system for selecting and arranging Hindu rituals.
Funding Insights of UtsavApp
UtsavApp has successfully raised a total of $1.02M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $733.3 thousand completed in September 2024. 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 3
- Last Round Seed — $733,298
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First Round
First Round
(06 Dec 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - UtsavApp | Valuation | Equanimity Investments | |
| Mar, 2023 | Amount | Seed - UtsavApp | Valuation | India Quotient |
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| Dec, 2021 | Amount | Seed - UtsavApp | Valuation | 100X.VC |
| 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 UtsavApp
UtsavApp has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include India Quotient, Equanimity Investments and Sanjay Mehta. 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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Venture capital investments in early-stage Indian startups focusing on technology and innovation.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by 100X.VC venture capital firm.
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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 UtsavApp
| 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 - UtsavApp
| 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 |
Utsavapp Comparisons
Competitors of UtsavApp
UtsavApp 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 VAMA, DevDham, SmartPuja, ePuja and Shubhpuja, 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 |
Online spiritual and religious services for Hindus are provided.
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| domain | founded_year | HQ Location |
Offers a digital devotional platform for temples and gurus to provide at home pooja services
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| domain | founded_year | HQ Location |
Priests and devotion services are booked via an online portal.
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| domain | founded_year | HQ Location |
Online puja services are provided for temples across India.
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| domain | founded_year | HQ Location |
Online portal for puja and astrology 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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Latest news on Utsavapp
Frequently Asked Questions about UtsavApp
When was UtsavApp founded?
UtsavApp was founded in 2021.
Where is UtsavApp located?
UtsavApp is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Who is the current CEO of UtsavApp?
Sourajit Basu is the current CEO of UtsavApp. They have also founded this company.
Is UtsavApp a funded company?
UtsavApp is a funded company, having raised a total of $1.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $46.3K, raised on Dec 06, 2021.
What is the annual revenue of UtsavApp?
Annual revenue of UtsavApp is $52.78K as on Mar 31, 2023.
What does UtsavApp do?
Provider of online hindu puja services and prasad delivery. The platform facilitates the booking of pujas from various temples, enabling users to participate remotely. It also allows users to watch live darshan and receive consecrated prasad delivered to the homes. The service connects devotees with auspicious temples across the country, offering a convenient way to engage in religious practices. The platform provides a comprehensive solution for the seeking to perform or participate in hindu pujas remotely.
Who are the top competitors of UtsavApp?
What products or services does UtsavApp offer?
UtsavApp offers Utsav App, Live Darshan, and Puja Booking.
Who are UtsavApp's investors?
UtsavApp has 8 investors. Key investors include India Quotient, Equanimity Investments, Sanjay Mehta, Ishan Gupta, and Pradumn Davey.
What is UtsavApp's valuation?
The valuation of UtsavApp is $3.62M as of Sep 2024.