Astrology platform MyNaksh gathers Rs 7.5 crore funding, spearheaded by Eximius Ventures and Gemba Capital
MyNaksh, an innovative astrology platform, has recently secured Rs 7.5 crore in a pre-seed funding round. The funding round was led by Eximius Ventures and Gemba Capital, with a curated network of angel investors and operators, including Infinyte Club, also participating.
The startup, which is India's leading pre-seed VC's early investment, is developing a personal astrology experience powered by AI. MyNaksh Founder & CEO Nitesh Salvi believes that astrology, often diluted by gimmicks or outdated formats, has the potential to offer deeper experiences that grow over time, different from a chat-first format online.
MyNaksh is described as a personal guide for individual life journeys. The goal of MyNaksh is to build trust with its users, offering human astrologers, personal connections, and AI astrologers to understand each user's unique context.
The platform focuses on understanding each user deeply. This approach sets MyNaksh apart from traditional astrology services, as it aims to deliver a personalized experience to each user. The team behind MyNaksh is characterized by strong product judgment and a practical human-in-the-loop approach to personalization.
Preeti Sampat, Partner at Eximius Ventures, expresses her excitement about backing MyNaksh as one of the early investments from Eximius Fund II. She believes that MyNaksh is poised to disrupt the large, under-innovated category of faith-tech.
MyNaksh was founded by Nitesh Salvi, Devaang Agarwalla, Gaurav Mohta, and Piyush Nagle. The startup's product offers a unique blend of technology and human expertise, providing a personalised astrology experience that grows with the user.
As MyNaksh continues to grow and innovate, it is set to redefine the way people approach astrology, offering a more personalised and trustworthy service in a category that has been long overdue for disruption.
