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Paavan - About the company

Paavan is a seed company based in Delhi (India), founded in 2021 by Nitin Agrawal, Sankalp Jain, Mohit Mittal and Prakher Singh. It operates as an App-based platform offering bhajans, stories, and lessons related to Hinduism. Paavan has raised $706K in funding from WaterBridge, with a current valuation of ₹*****. The company has 801 active competitors, including 45 funded and 4 that have exited. Its top competitors include companies like Headspace, Wysa and Finch.

Company Details

App-based platform offering bhajans, stories, and lessons related to Hinduism. It provides devotional songs, lessons, stories, mantra & Chalisa, life guidance from gurus, religious books, tales, mythological serials, and much more. Mobile application is available for android and iOS users.
Website
paavan.app
Social
Facebook
Email ID
*****@paavan.app
Phone Number
+91 **********
Registered Address
53/27, 2nd FLOOR, RAMJAS ROAD, Karol Bagh, Central Delhi, New Delhi, Delhi, India, 110005
Key Metrics
Founded Year
2021
Location
Delhi, India
Stage
Seed
Total Funding
$706K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 17, 2022
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
39 as on Sep 30, 2026
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Paavan's funding and investors

Paavan has raised a total funding of $706K over 2 rounds. Its first funding round was on Sep 24, 2021. Its latest funding round was a Seed round on May 17, 2022 for ₹*****. 9 investors participated in its latest round. Paavan has 3 institutional investors and 59 angel investors.

Here is the list of recent funding rounds of Paavan:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 17, 2022
2254541
Seed
9246330
2355987
4904674
2089687
Sep 24, 2021
2154136
Seed
6021249
8331236
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Paavan's founders and board of directors

Founder? Claim Profile
The founders of Paavan are Nitin Agrawal, Sankalp Jain, Mohit Mittal and Prakher Singh.
Here are the details of Paavan's key team members:

Paavan's Board of Directors

Paavan's board has 4 active members. Nitin Agrawal and Sankalp Jain are part of team and Nitin Agrawal and Mohit Mittal are independent board members.
Here is the list of Paavan's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 0m
Team
-
Current
5y 0m
Independent board member
-
Current
5y 0m
arujrgh
Independent board member
-
Current
1y 4m

Paavan's employee count trend

Paavan has 39 employees as of Sep 26. Here is Paavan's employee count trend over the years:
Employee count trend for Paavan
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Paavan's Competitors and alternates

Top competitors of Paavan include Headspace, Wysa and Finch. Here is the list of Top 10 competitors of Paavan, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Headspace
Headspace
2010, Santa Monica (United States), Series C
Provider of mental health support services via application and human care
$178M
72/100
2nd
Logo for Wysa
Wysa
2015, Boston (United States), Series B
Provider of AI-driven mental health support platform
$30.5M
69/100
3rd
Logo for Finch
Finch
2021, Menlo Park (United States), Unfunded
Provider of a self-care app to improve mental health
-
-
59/100
4th
Logo for Evolve
Evolve
2017, Mumbai (India), Seed
Mobile app for practising meditation
$676K
58/100
5th
Logo for Meditopia
Meditopia
2016, Besiktas (Turkey), Series A
App offering music led guided meditation sessions for mindfulness
$19.3M
55/100
6th
Logo for Aura Health
Aura Health
2015, San Francisco (United States), Seed
Personalized mental wellness and sleep app with expert-led resources
$2.8M
55/100
7th
Logo for Audicin
Audicin
2022, Espoo (Finland), Seed
Provider of audio medicine with science-based music tracks for nervous system regulation and relaxation
$3M
53/100
8th
Logo for Flourish Science
Flourish Science
2022, Palo Alto (United States), Unfunded
AI based platform offering mental health and well being solutions
-
-
53/100
9th
Logo for Simple Habit
Simple Habit
2016, San Francisco (United States), Series A
Meditation mobile app
$12.6M
53/100
10th
Logo for Canopie
Canopie
2020, Falls Church (United States), Seed
App based digital platform addressing symptoms of maternal mental health conditions
$3.6M
53/100
40th
Logo for Paavan
Paavan
2021, Delhi (India), Seed
App-based platform offering bhajans, stories, and lessons related to Hinduism
$706K
44/100
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Paavan's Latest cap tables and shareholding

Founders (largest shareholder) own 61.91%, Funds own 21.69%, Angels own 4.49% and Other People own 0.98%. The net worth of Paavan's founders is INR 9.29Cr as of May 17, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.91%
9.29Cr
4589044
3979698
6180522
2512352
5370095
6823878
9645455
4528346
1609088
2234050
4001256
3092820
5743753
3676627
3402335
5916628
9759700
8494254
2378616
7636645
1046638
8151526
Fund
21.69%
3.25Cr
7825309
6451162
2897279
5325224
8743613
2354094
2134241
5750328
4778741
6729037
Angel
4.49%
67.4L
4683
1393
7099
3562
0
0
0
0
0
0
Other People
0.98%
14.7L
0
0
0
0
ESOP Pool
10.92%
1.64Cr
8432359
6228574
3186420
1404593
Total
100.00%
15Cr
1221545
2822789
7799565
7674644
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Paavan's Shareholding

Paavan's Investments and acquisitions

Paavan has made no investments or acquisitions yet.

Reports related to Paavan

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