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Sri Mandir owner raises ₹175 crore in funding

Mint New Delhi

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July 01, 2025

AppsForBharat, which runs online devotional app Sri Mandir, has raised ₹175 crore in a Series C funding round led by Susquehanna Asia Venture Capital, with participation from existing investors Nandan Nilekani's Fundamentum, Elevation Capital and Peak XV Partners.

- Sowmya Ramasubramanian

The primary funding round values the Bengaluru-based startup at $175 million, almost doubling since September, according to a person with knowledge of the matter. The firm had bagged $18 million from Fundamentum and other investors in September. AppsForBharat declined to comment on the valuation.

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