An AI-powered astrology portal called Melooha has purchased a GenAI firm called Munitalks.
Through the strategic purchase, Munitalks’ top-down AI-First methodology—which is renowned for its extensive multilingual support—will be integrated into Melooha’s solutions to improve them.
Melooha hopes to expand its astrological products by utilising Munitalks’ multilingual support and astrology consultation services through this acquisition.
In addition, Melooha wants to increase its user base by translating the majority of Indian languages using Munitalks’ AI technology stack.
Melooha provides individualised advice based on each person’s particular birth data, such as the precise day, location, and time of birth. As of right now, the site says it is available in 110 countries.
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Melooha states that it has obtained INR 5.3 Cr (about $635K) in angel finance, spearheaded by US-based Streak Ventures LLC and a group of angel investors.
This transaction takes place at a time when investors are showing a lot of interest in India’s astrological sector.
Vikram Labhe, founder, Melooha, said: “This move underlines our brand’s commitment to pioneering advancements in offering astrological guidance through state of the art technology. With the acquisition, we aim to elevate the personalized insights we offer to our users, provide more accurate results, and enhance the overall user experience”
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