Virtual spiritual platform Vama has announced that it is raising Rs 23.87 crore (approximately $2.7 million) in its pre-Series A funding round . The round is led by existing investor Wavemaker Partners , with participation from 500 Global, Venture Catalyst, 9Unicorns, Silver Needle Ventures, and a group of angel investors .
Vama has shown remarkable growth over the past year. For the fiscal year ending March 2025 , the startup reported a revenue of Rs 19.5 crore , which is double the revenue of the previous year . However, the company also witnessed its losses widen by 33% to Rs 12 crore .
This trend reflects a classic growth-phase scenario where startups invest aggressively in expansion, often incurring higher short-term losses with the expectation of long-term profitability.
According to the company, the newly raised funds will be directed towards:
Founded with the vision of bridging spirituality and technology, Vama provides virtual access to spiritual services including online pujas, consultations with astrologers and spiritual guides, and participation in religious rituals from anywhere in the world. This digital-first approach caters to the growing demand for spiritual experiences that are accessible, convenient, and trusted.
India’s spiritual-tech sector has seen a surge in interest in recent years, as more people look for digital platforms to connect with faith-based practices. Vama, with its innovative model, is positioning itself as a leading player in this niche but rapidly expanding market.
With strong backing from global VCs and a rapidly growing user base, Vama is set to redefine how spirituality blends with technology. The fresh Rs 23.87 crore pre-Series A funding will act as a crucial fuel for the platform’s next stage of growth, making it a startup to watch in India’s evolving spiritual-tech ecosystem.
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