NovoJuris Legal advises IndiaQuotient on Utsav App Series A fundraise

Utsav App has raised ₹36 crore from a Series A fundraise led by Atomic Capital, with participation from existing investors IndiaQuotient and Equanimity Investments.

Xander Law Associates advised Utsav on this fundraise.

NovoJuris Legal advised existing investor IndiaQuotient on this fundraise.

The transaction team Vishnu Sudarshan (Senior Associate) and Manish Krishnagiri (Associate).

Managing Partner Sharda Balaji, provided strategic inputs on this transaction.

Founded in 2021 by Sourajit Basu, Ankita De and Prajata Samanta, Utsav is a Kolkata-based spiritual and devotional services platform that enables devotees to access religious services offered by temples and priests, including puja bookings, consultations with pujaris, prasad delivery and personalised rituals.

The fresh capital will be used to expand its network of temple partners, strengthen its technology and fulfilment operations, improve personalisation and service discovery, and grow its team.