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Melooha

Astrology

AI Powered

Season 3 Episode 47

BrandMelooha
Company NameM/S. ASTROVERSE TECHNOLOGIES PRIVATE LIMITED
FoundersVikram Labhe, Dr. Vineeta Phatak, Bhalchandra Patil  
Original Ask80 lakhs for 2% equity at the valuation of Rs. 40 crores
DealNo Deal

About the Product

The Melooha App offers the world’s most accurate astrology engine, providing users with personalized and real-time guidance for their life questions and detailed reports on complex situations. Through the app, individuals can explore the cosmic mechanics, understanding how the dance of planets and stars influences their life journeys. Using AI-powered analysis of birth charts, Melooha helps users unlock their hidden potential and harness their undiscovered capabilities and talents. By leveraging this insight, individuals can seize opportunities and forge an extraordinary life. With its personalized approach and intuitive chat feature, the Melooha App empowers users to delve deeper into their astrological insights and gain a deeper understanding of themselves and their life paths.

melooha.com

Founders & their story

  • Vikram Labhe
  • Dr. Vineeta Phatak
  • Bhalchandra Patil

Melooha, an AI-powered hyper-personalized astrology platform, offers astrology as a service. They provide personalized guidance utilizing information such as date, place, and time of birth, along with real-time Q&A sessions. With a prediction accuracy of 70-75%, Melooha serves a market with a size of 3 lakh crores in the Indian astrology industry. Before launching Melooha, one of the founders, Vikram, worked for “Fivetran,” valued at Rs 41,340 crores in 2021. Melooha’s core intellectual property lies in its prediction engine, operating in real-time to answer user questions within 30 seconds.

About the company

Melooha stands as a beacon of guidance in a world where seeking clarity and direction is an intrinsic human instinct. It transcends traditional methods of seeking advice, offering a unique blend of cutting-edge technology and ancient wisdom. By harnessing the power of artificial intelligence, Melooha delves deep into the cosmic mechanics encoded within the birth details of each individual. Through its hyper-personalized approach, Melooha provides tailored insights that resonate with the intricacies of every individual’s life journey. By analysing birth charts with precision and depth, Melooha unveils the hidden potential within each person, helping them unlock their undiscovered talents and capabilities. At its core, Melooha is on a mission to empower individuals to lead fulfilling lives guided by purpose and clarity. It recognizes astrology not just as a tool for prediction, but as a profound source of wisdom that illuminates the paths we tread. With Melooha, users embark on a journey of self-discovery, armed with the knowledge and insights needed to navigate life’s twists and turns with confidence and conviction.

Revenue

This is a pre revenue company.

Founders’ Ask

80 lakhs for 2% equity at the valuation of Rs. 40 crores.

No Deal

Reasons for no deal

Namita: She does not have expertise in this field.

Aman: He does not believe in Astrology.

Vineeta: A single astrologer knowledge-based AI platform business does not seem feasible.

Deepinder: He does not understand how does the system works.

Anupam: The entire business model has to be rethought of.

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