3
AppsForBharat, the parent company of devotional platform Sri Mandir, has raised $20 million in a funding round led by Susquehanna Asia Venture Capital.
The round also saw participation from other existing investors Nandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partners.
The funds will be used to invest in over 20 temple towns in India, strengthen services and commerce verticals, and set up fulfilment and logistics hubs.
“On the devotee side, we are further investing in the product to help it grow in multiple languages. We are also…
