Non secular Way of life App 'Paavan' Raises $500K in Seed Funding from Waterbridge Ventures, Others

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Paavan Founders_Nitin Agrawal, Mohit Mittal and Sankalp Jain

New Delhi, June 21 2022 (GPN): BharatFirst Technologies, the father or mother firm of non secular way of life app Paavan, as we speak introduced that it has raised US$ 500K (roughly ₹4 Crore) in a seed spherical of funding, led by Waterbridge Ventures. Several outstanding angel buyers additionally participated within the spherical, together with IndiaQuotient General Partner Anand Lunia, Fitso co-founder Saurabh Aggarwal, Giva co-founder Ishendra Agarwal, Animall co-founder Kirti Jangra, Credgencies co-founder Rishabh Goel, and Gocomet co-founder Chitransh Sahai. 

BharatFirst stated that it’ll use the funds raised to additional improve the product, create unique content material IPs and rent expertise throughout capabilities and verticals. The startup was based in 2021 by IIT Delhi alumni Sankalp Jain, Nitin Agrawal and Mohit Mittal

Launched eight months in the past, Paavan is a video-first content material app that goals to behave as a way of life information for folks of their quest to dwell a balanced and fulfilling life. The app’s content material relies on frameworks rooted in India’s conventional information methods and is derived from India’s wealthy historic information, sciences and non secular practices.

Sankalp Jain, co-founder of Paavan stated, “Today, we are thrilled to announce the backing of such marquee investors for the next stage of our growth, as we reaffirm our mission to make Bharat’s knowledge accessible to a whole generation of Indians and help them live better lives by reconnecting with their roots. Leveraging technology and immersive experiences, we plan to deliver seemingly complex knowledge in a simplified way for the masses.” 

Paavan has already registered over 300,000 downloads on Google Play and counts greater than 100,000 month-to-month lively customers. The app is designed to supply sensible purposes of those ideas for self-improvement or fixing private or skilled conflicts, like bettering focus utilizing Yog Sutra, or enhancing management abilities utilizing Arthashastra.

“Paavan was launched with a belief that the Bhartiya way of life offers a universally applicable framework to live a spiritually and emotionally fulfilling life, in close harmony with community and nature. We are glad to see that this belief resonates with so many people as evidenced in the growing user base of Paavan app,” Sankalp added. “The high engagement levels on the app demonstrate that people are interested in demystifying these knowledge systems.” 

While the western world has for lengthy been proactively studying from the traditional Indian information to guide a non secular way of life, Indians are actually demonstrating larger confidence of their cultural identification as they search to attach with their roots. The Paavan app helps anchor their existence into knowledge derived from historic learnings. 

“The unbundling of Youtube will continue to lead to emergence of verticalized players which are focussed, custom-built for their target audiences and can have much better engagement. Paavan is uniquely positioned to take advantage of a growing need to live a more aware and balanced life, along with a near-universal smartphone and high-speed mobile Internet penetration in the country. We are really impressed with their tech-first approach, and the founding team’s vision for the platform and the scale that can be achieved, and are therefore excited to come on board and get a ringside view of their next stage of growth.” stated Ashish Jain, Partner at Waterbridge Ventures.

Going ahead, Paavan goals to strengthen its content material library for folks of all age teams and cultural backgrounds. It can also be working to provide movies in additional Indian languages. The app at present affords Hindi-language content material.

About Paavan:

Available on Google Play, Paavan is a non secular way of life app with a mission to make the traditional Indian information methods extra accessible to the trendy world, and assist folks embrace the Bhartiya lifestyle. The app options video and text-based content material to information its customers with sensible classes drawn from India’s wealthy historic knowledge, practices and science. 

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