BrahmVeda Ventures, an artificial intelligence(AI)-focused venture studio, has acquired Vedvaani, a pioneering Astro AI app, through a cash and equity deal. Vedvaani has made its mark by blending traditional astrological insights with state-of-the-art AI technology, delivering personalised predictions and habit-building features to its users.
This strategic acquisition reflects BrahmVeda’s dedication to harnessing artificial intelligence (AI) as a disruptive force to revolutionise industries and deliver impactful, consumer-driven solutions.
Founded by three entrepreneurs, Vipul Kapoor, Nachiket Patel, and Kashyap Pandya-BrahmVeda Ventures claims to be shaping the future of AI innovation by merging AI brilliance with entrepreneurial energy.
Vipul Kapoor, Co-founder of BrahmVeda Ventures, shared his excitement about the acquisition,“We are thrilled to bring Vedvaani into the BrahmVeda family. This acquisition is an essential step in our journey to build ventures that leverage the full power of AI, delivering meaningful and accessible solutions to consumers.”
As BrahmVeda continues to expand its portfolio, BrahmVeda aims to accelerate Vedvaani’s growth, enhancing the app’s reach and delivering personalised Astro AI insights to a global audience.
This acquisition comes at a time when India’s AstroTech sector is gaining significant attention from investors. In May, online astrology platform Astrotalk secured Rs 110 crore (USD 14 Mn) through a mix of primary and secondary funding. That same month, Noida-based astrotech startup InstaAstro raised Rs 18.5 crore (USD 2.3 million) in a pre-series A round led by existing investor Artha Venture Fund.
Rushabh Agarwal, Founder of Vedvaani, reflected on the transition and the future, and said, “It has been an incredible journey building Vedvaani and watching it grow. BrahmVeda’s recognition of the value in what we’ve created validates the potential of this platform.”