Astrology SaaS startup Melooha raised $635K Angel funding from Streak Ventures, others
An angel funding round led by US-based Streak Ventures LLC and a group of angel investors raised $635K for Bengaluru-based astrology SaaS startup Melooha.
In a press release, Melooha stated that the money will be used to speed up product development and bring the product to market sooner.
By using a person’s unique birth information, such as their precise date, location, and time of birth, Melooha, which was founded by Vikram Labhe and Bhalchandra Patil, offers individualized guidance. The platform also enables users to post personalized questions and receive real-time advice.
According to Melooha, its foundation is made up of exact mathematical algorithms that incorporate precise planetary data and NASA-derived insights.
More early-stage startups in the devotional and astro fields are seeking to raise their growth round during the holiday season, according to a recent Entrackr’s report. Devotional startups DevDarshan and Vama are raising their new rounds, as are astrology startups AstroTalk, InstaAstro, and Bodhi.
