The virtual spirituality startup VAMA secured $1.5 million in a seed round led by Wavemaker Partners, with Lisa Gokongwei-Cheng of Summit Media and Harit Nagpal of Tata Play also participated. The round also included angel backers Dhruv Bahl and Burak Buyukdemir, as well as venture capitalist investors Blume Founders Fund, Alluvium, and Untitled VC.
VAMA intends to use the funding to expand its technological capabilities, hire more talent, and accelerate product development. In an effort to improve user experiences, it also plans to introduce new goods and services.
“This investment stands as a testament to our unwavering commitment to meeting the spiritual needs of our ever-growing user br. We aim to transform the traditional offline mandir ecosystem into a digital realm through content-driven products designed to captivate, empower, and promote enduring engagement,” said VAMA cofounder Manu Jain.
Phuong Tran, Investment Principal at Wavemaker Partners, said, “…VAMA’s ingenious approach has paved the way for an extraordinary venture that helps users address their spiritual needs.”
In 2020, Aacharya Dev, Himanshu Semwal, and Manu Jain founded VAMA. For devotees all over India, the virtual platform serves as a comprehensive hub, providing access to e-pujas, e-darshans, and astrology services. VAMA is a one-stop online shop offering convenient access to a variety of services for a spiritual or religious journey.