Showing posts with label astrotalk. Show all posts
Showing posts with label astrotalk. Show all posts

Astrology Startup Astrotalk Doing a Business of Rs. 70 Lakh per Day

There is an app for everything these days with their sole purpose being solving our life problems. But factually speaking, most of these apps are only here to solve our immediate problems. So what about the problems that lie in the future Well, worry no more because we have found an app that not only takes care of your present but also your future - Astrotalk.

Puneet Gupta - Founder & CEO, Astrotalk
Puneet Gupta - Founder & CEO, Astrotalk

Founded by Puneet Gupta, Astrotalk is the world's biggest astrology startup that helps people connect with astrologers and ask them questions about their marriage, love, career, health and more.

Astrotalk has already served over 3-crore people in less than 5 years & does a business of over 70 lacs per day making it one of the most successful startups in India.

But, the most interesting fact about Astrotalk is that the founder himself never believed in astrology until one astrology prediction changed his life forever.

Astrotalk was launched as a result of an astrology prediction!

In 2015, Puneet was working as an IT engineer in Mumbai when he decided to quit his job to do a startup. But like most of us, he too was very anxious about leaving the job security.

Thats when one of his colleagues noticed his tension and asked him about the problem. On learning about his confusion, she offered to help with an astrology prediction. Puneet, who didn't believe in astrology back then, laughed at his colleague and asked her how an educated person like her could believe in astrology.

His colleague was however very confident about her astrology skills, and told him that she could tell him everything about his past. Considering her confidence, Puneet agreed to give it a try as he had nothing to lose. The astrologer gave accurate predictions about his past but Puneet didn't believe in it, thinking she might have heard that from someone.

Predicting his future, she told him that he would soon start an IT startup with his friend but it would shut down in 2 years as his partner will leave him. She then added that Puneet would start another startup that eventually will become very successful. Puneet didn't believe any of it, yet resigned to start an IT company. To his surprise, 2 years later, his partner did leave, leading to shutting down of a well-established business.

It was then Punnet recalled the prediction of her friend. He arranged her number and gave her a call to tell her how her prediction came true. The astrologer-ex-colleague then suggested Puneet to do something in the spiritual field, adding that such a business will be successful for him. It was then Puneet started Astrotalk, a company that has grown at lightning speed to become the world's largest Astrology company.

The Rise of Astrotalk

The secret to Astrotalk's success, as per Puneet, is hiring the most authentic and genuine astrologers. Secondly, Puneet says he tries to do business with full honesty.

"The biggest challenge for us right from the beginning has been to find genuine astrologers. We get thousands of CVs from across India, but less than 5% of the entrants can clear our interview process. There are a lot of self-proclaimed astrologers in the market, so it takes about 5-7 interviews to identify the right astrologers," says Gupta. Another reason why Astrotalk is famous among astrology lovers is for its 100% privacy. On Astrotalk, customers can chat and talk privately with astrologers.

"The only way to build a good product is to talk to the customers and keep doing the best for them. If you solve the problems of customers, they will solve all your business problems," Gupta adds.

Astrotalk's future

Astrotalk is one of the fastest-growing startups in India. "We are clocking a revenue of over Rs. 70 lakh per day," says Puneet Gupta. At present, the app has more than 4000 Astrologers, who are serving around 2,50,000 minutes of astrology consultation every day. Out of which, around 1,70,000 minutes of consultation is on queries related to love, relationships and marriage. And around 80,000 mins/day related to job, career and business.

On the marketing side, Astrotalk is working with numerous celebs, including Shweta Tiwari, Mouni Roy, Vaani Kapoor to reach out to a larger audience. Recently, Astrotalk also sponsored the reality show - Swayamvar: Mika Di Vohti.

About further expansion, the Founder says, "We are already doing good business in India and have users from international markets as well. Further, we plan to increase our focus on international markets and cater to countries including the USA, Canada, Australia, Singapore, Malaysia, UAE."

"In addition, we are also looking forward to onboarding 10,000 more astrologers by the end of 2022. And in order to scale rapidly, we are offering the first chat with an astrologer for free to all the new customers so that they can try our services once and see what we have to offer. Most of them love the session and return within a week," he adds. 

Online Astrology App AstroTalk Claims to do most Accurate, Foolproof Future Predicts


  • The daily transactions of AstoTalk online app reach over 700+

  • The total number of astrologers 300+ and a whopping installation 900,000+

  • The repeat rate of consultation 7+ and rated 4.7 out of 5 highest in the industry

  • Generating a profit of USD 1 Million per annum



Imagine the repeat rate of online astrology consultation exceeds that of the repeat order at Swiggy! And that’s exactly what happens if an authentic astrologer predicts your future most accurately without any fallacy. Sounds unbelievable?

Started in 2017, AstroTalk is an online astrology app for future prediction, most precisely. With a pool of experienced professionals and industry’s best astrologers, the two years old online app, AstroTalk, earning a whopping installation of 900,000+ and rated up to 4.7 out of 5 (highest in this industry) has become a table turner for a tech-graduate Puneet Gupta hailing from a service professional and end up being an IT entrepreneur.

AstroTalk aims to disrupt astrology industry with the use of technology and excellent customer service in order to help customers find the right astrologer and take the correct predictions that guide him in the right direction.

[caption id="attachment_136613" align="aligncenter" width="746"] Team AstroTalk[/caption]

This may sound common but the most interesting part is that a staunch disbeliever in Astrology happens to launch an Astrology online app. It all happened with Puneet when he came across an Astrologer Heena Gokhru, who has predicted that he would do well with IT business for the initial 2 years but then would struggle around a year after the departure of his Co-founder and that’s exactly what has happened with him after he left his job from investment bank Nomura and BNP Paribas to start his own IT services partnership company, CodeYeti.

This IT firm did well for 2 years but then after his Co-founder left in March 2017, his business started to decline and this was the time when he realized Heena’s prediction to be correct. Back in 2014, she had predicted that Puneet would do well again if he embarks on another online business. And that has what happened exactly when Puneet forayed into an online product. With foolproof prediction of Heena, he started believing in Astrology as a study of science and decided to pivot online astrology service consultation as an in-house product of his existing firm where Heena also became a part. He started believing, “You don’t choose Astrology, Astrology chooses you”.

In a press release, the startup said -- Astrology is a science that studies the influence of the distant cosmic objects usually the movement of the stars and planets have on human lives and its effect on people that makes him follow and directs in a path for which he is destined to. With the exact occurrences of a series of events as predicted by his BNP ex-colleague, Heena, Puneet began to develop trust on this subject and he included online astrology consultation as an in-house product, AstroTalk. It is a simple product where customers can see a list of 300+ astrologers on the portal. They can recharge their wallet to choose astrologers based on their reviews and ratings after screening their profile, call or chat with the latter enquiring about their future or discussing their problems to get solutions. With foolproof predictions, AstroTalk has become the best platform in the field of Astrology in less than 2 years as this sector has always been on high demand.

Focussed on the impact, AstroTalk aims to reach out to everyone who is undergoing a dark phase in life and add value to them. This online app has always concentrated on customer satisfaction. With this idea, the bootstrapped company has commenced providing first consultation free of cost to every Indian customer.

Hiring astrologers in the initial days has been difficult for AstroTalk as the rejection rate of astrologers was more than 80%. But later the process of recruiting the industry’s best astrologers from India where multiple case studies and interviews are given for screening, it ensures prediction quality and communication skills that records some 20 registrations per day and ends up hiring about 1-2 astrologers, growing a whopping 300+ astrologers.

On this occasion, Puneet Gupta, Founder & CEO, AstroTalk shares, “We are growing at 25% MoM in terms of revenue. Until recently, we didn’t spend anything on marketing and our complete revenue was from repeat customers and user referrals. Now, we are focusing on marketing and providing free services to create more impact. Our next challenge is to become a household brand where people recognize us. We are currently generating USD 1 Million in annual profit."

Being the market leader in the field of online astrology consultation, AstroTalk has recently started providing the first consultation absolutely free to reach more customers and create a bigger impact and brand awareness.

“For scaling up the business and creating more brand awareness, our focus for the next 2 years would be on branding, marketing, and providing freebies,” adds Puneet.

A graduate from PEC University of Technology, Chandigarh in 2011, Puneet Gupta has worked with an investment bank Nomura and BNP Paribas for 4 years, before starting an IT services company CodeYeti. After his Co-Founder left in March 2017 post a failure from a service business and a loss on 2 tech products for 6 months, he forayed into another online consultation service AstroTalk in October 2017, which became his brainchild.

Market Reports

Market Report & Surveys
IndianWeb2.com © all rights reserved