AstroTalk’s New Funding Round and IPO Prospects

AstroTalk, a platform dedicated to astrology, is currently in the midst of negotiations to secure a new funding round estimated between $50-100 million, as reported by three informed sources. This new round of funding discussions comes after a 12-month hiatus for the Noida-based company.

One source, who requested anonymity, mentioned that the conversations are progressing with various investors, including some existing financial backers. It is anticipated that this funding round will mark the final stage before the company submits its Draft Red Herring Prospectus (DRHP) for a public listing within the next six months.

Sources indicate that AstroTalk aims to initiate its IPO process in just a few months.

AstroTalk successfully concluded a $14 million funding round in June of the previous year. Thus far, the company has raised a total of $34 million from investors including Left Lane and Elev8 Capital.

According to another source, who chose to remain anonymous due to the confidentiality of the discussions, AstroTalk is aiming for a valuation between $1.3 and $1.5 billion in the upcoming funding round, which is expected to be finalised in the coming months. This represents a significant increase from its previous valuation of $300 million.

If AstroTalk achieves this valuation, it will join the ranks of Jumbotail, Drools, Porter, Netradyne, and Juspay, all of which have become unicorns in the current calendar year (2025).

For those unfamiliar, AstroTalk is an online platform that allows users to consult with professional astrologers via the internet, phone calls, and chat. The platform boasts a network of 45,634 professionals, including astrologers, tarot readers, numerologists, and Vastu experts, and offers personalised predictions and guidance across various domains such as marriage, relationships, career, health, and more.

Under the leadership of Puneet Gupta, the company has demonstrated robust growth over the past two fiscal years. An internal document reviewed by Startup Superb revealed that AstroTalk concluded FY25 with revenues amounting to Rs 1,182 crore and profits exceeding Rs 250 crore. This follows a notable increase in FY24, where they reported revenues of Rs 651 crore and profits of Rs 100 crore.

AstroTalk opted not to comment on this matter.

Recently, AstroTalk expanded its offerings by launching a direct-to-consumer (D2C) vertical that focuses on spiritual and wellness products. This includes services such as puja bookings, gemstones, and astrological remedies. Co-founder Anmol Jain stated that the D2C sector is expected to contribute 25-30% of total revenue while upholding profitability.

The planned IPO is timely, as profitable consumer-tech startups are experiencing renewed interest from investors. If successful, AstroTalk will become the first venture-funded entity in the online astrology sector to enter the public market. The company continues to face competition from established platforms like Astrosage, Astroyogi, GaneshaSpeaks, and InstraAstro.