Technology
Sri Mandir helps Hindus visit holy temples and donate virtually through their phones
Living within the U.S., the Trivedi family sought a technique to follow the ritual practice of worshipping one among India’s Jyotirlingas, a sacred image of the Hindu god Shiva. After searching YouTube for tactics to ceremonially offer flowers and other items at an Indian temple on Sunday 2023, the family found a video about an upcoming worship app called Sri Mandir.
The app offers customized videos of ceremonial prayers from greater than 50 Hindu temples in India and lets users take part in prayers, donate and access religious content virtually from their iPhone or Android smartphone. It was just what the Trivedis were searching for.
A yr later, the Trivedis proceed to make use of Sri Mandir. A member of the family told TechCrunch that the app helps users make last-minute prayers and donate money to their faith’s temple, even in the event that they live removed from their home country and have access to local temples and priests. But that comes at a steep cost: the typical monthly cost of a Sri Mandir outside India is $100.
“Sri Mandir simply converts rupees to dollars and costs a ton of money, making it an ultra-premium app and not for anyone on a budget,” the user said.
The app fills a growing need. As a part of their long-standing rituals, Hindus world wide often visit temples of the gods and goddesses they worship, make offerings, and take part in prayers seeking peace, well-being, or higher relationships. However, access to spiritual services and information in India has been largely inaccessible and unorganized.
Serial entrepreneur Prashant Sachan, who hails from a village near the economic city of Kanpur in Uttar Pradesh and previously co-founded social commerce startup Trell, founded Sri Mandir’s parent company, AppsForBharat, in November 2020. He saw that even people in rural India were getting online, but noticed that religious practices within the country remained largely offline.
“When I first started experimenting, devotion was one of the behaviors I started thinking about because we felt it deserved attention that it wasn’t getting,” Sachan said in an interview.
The three-year-old app boasts over 30 million downloads since 2020 and only opened as much as markets outside India in January. Since then, Sachan told TechCrunch, the app has grown by 25% to 30% per thirty days and has gained 500,000 registered users and 2.5 million installs outside India. The majority of its global audience comes from the United States, followed by Canada, the United Kingdom, and the Middle East.
Sachan said Sri Mandir’s primary users outside India are first- and second-generation Indian-Americans who don’t often visit temples in India but wish to connect with their roots.
This global reach has helped Sri Mandir increase the revenue it generates from small transactions made by users through the app, offering prayers and donations. Today, 25% of Sri Mandir’s total revenue comes from outside India.
In addition to connecting users to temples of their faith, Sri Mandir helps the priests at those temples gain more followers, which ultimately allows them to earn more cash. By dedicating five to 6 hours per week to the app, a priest typically earns about 25% to 30% greater than his regular income from day-to-day operations.
Manoj, a priest on the Trimbakeshwar Shiva Temple in town of Trimbak within the western Indian state of Maharashtra, told TechCrunch that the Sri Mandir helps devotees, even those that should not in good physical shape but are willing to participate in occasional prayers.
The priest receives 40 to 50 devotions per week through the Sri Mandir app. He noted that the app also helps the priests receive more payments from the devotions—the app charges individual users even for group prayers, while groups visiting the temple in person may not pay individually. But Manoj admitted that it lacks the divine atmosphere that folks experience after they are physically present on the temple. He compared it to the difference between taking medication at home and receiving full treatment after being admitted to the hospital.
AppsForBharat now hopes to assist Sri Mandir reach much more users. The Bengaluru-based startup has raised $18 million in a Series B funding round led by Indian billionaire and tech veteran Nandan Nilekani’s Fundamentum Partnership.
The most downloaded app by Indians
Sri Mandir shouldn’t be the one app offering such content within the country: DevDham, Vama.app and Utsav offer similar offerings.
Still, with 30 million downloads since 2020, Sri Mandir is the one Hindu-focused app among the many 100 most downloaded religious apps globally, in response to Sensor Tower data shared exclusively with TechCrunch.
Bhagavad Gita in Hindi (2 million downloads) and Sanatan (2 million) are the subsequent most downloaded Hindu religious prayer apps on the planet as of 2020, in response to Sensor Tower data.
Still, Sri Mandir is much behind the world in probably the most downloaded religious apps. According to Sensor Tower, YouVersion Bible App (274 million downloads), Muslim Pro (132 million downloads) and King James Bible (122 million downloads) were the highest three religious apps as of 2014.
In India, Bible App for Kids (22 million downloads) and Muslim Pro (10 million downloads) are the opposite two most downloaded religious apps, each trailing Sri Mandir.
In terms of revenue, Hallow Prayer & Meditation is the world’s highest-grossing app as of 2020, with consumers spending greater than $84 million on in-app purchases, in response to Sensor Tower. On the opposite hand, Sri Mandir has earned lower than $100,000 in in-app purchases since 2020, in response to Sensor Tower.
This is lower than the most well-liked religious app in India by consumer spending, Joseph Prince Gospel Partner, which has earned over $300,000 in in-app purchases in India since 2020.
Next: Religious Tourism
With the newest round of funding, AppsForBharat plans so as to add features that aim to capture 5% to 10% of the potential market, which is estimated to be value $50 billion.
One of them is religious tourism through Sri Mandir.
Sachan told TechCrunch that the startup plans to assist users plan visits to temples and pilgrimage sites through the platform, partly by partnering with traditional travel agencies. The executive said pilot programs for religious tourism have already begun with a select group of devotees.
The app may also permit you to purchase special tickets to visit holy sites and deliver prasad (food offerings to idols) and related religious goods.
In addition, the startup plans to construct a “complex technology stack” with a CRM-like experience for temples and historical sites in India. These services will initially be available without cost, but the corporate eventually plans to charge fees to administer these services, Sachan said.
The startup also goals to expand its temple network tenfold, to 500 temples, over the subsequent 12 to 18 months.
The Series B funding round, during which the corporate participated solely with equity, was also attended by Susquehanna Asia VC, in addition to existing investors of AppsForBharat: Elevation Capital, Mirae Asset VC and Peak XV.
Technology
After the election, Bluesky is witnessing an exodus of dissatisfied X users
X, formerly Twitter, is now not “digital city market– once promised that it might be so. In the wake of the US presidential election results, a wave of users dissatisfied with the app’s latest direction are moving to a rival app, Bluesky.
Decentralized social media platform Bluesky continues to grow with over 9 million users from September to 14.6+ million as of Tuesday, with the last spike occurring over the weekend as US users fled X.
The exodus briefly placed Bluesky as the No. 2 iPhone app in the U.S. App Store on Monday, down from No. 27 the day after the election. Today it has dropped barely to third place, behind Threads Meta and ChatGPT.
It is also value being attentive to the rate of registration of recent users. Yesterday, many sockets reported that Bluesky added over 700,000 users in the last week, bringing its total to 14.5 million. A day later, the number is over 14.6 million, meaning around 100,000 users join each day.
Bluesky downloads in the U.S. are up 933% year-to-date, while X downloads are up 48%, in line with app analytics firm Appfigures. Appfigures also noted that Bluesky downloads on November 10 increased by 624% in comparison with November 1.
what’s more, According to Bluesky CEO Jay Graber says engagement at Bluesky is typically higher than at X – and that is not a recent trend. While X still has that number because many users abandon but don’t delete their X accounts, Bluesky tends to have the next percentage of “posters” — those that are actively engaging quite than lurking, Graber says.
“We have… a higher percentage of posters than most social media sites that operate according to the 90-9-1 pattern: lurkers-commenters-posters. We didn’t go below ~30% of posters,” she noted in Bluesky post on Tuesday. For newbies, she recommends posting on relevant channels, commenting on others’ posts, finding friends (those you follow who in turn follow you) and using hashtags to extend engagement together with your own content.
The shift in user adoption follows changes lon Musk has made since purchasing the company formerly referred to as Twitter in the fall of 2022. The Telsa and SpaceX executive originally promised to show his $44 billion acquisition right into a free speech platform where everyone’s voice could be heard. Instead, Musk used the app to promote right-wing views, campaign for TrumpAND stop at the next rate than before Data from X’s own transparency report.
While Musk can have once believed that Twitter favored the left, he has not turned the app right into a neutral platform. In fact, research found that Musk’s right-wing political posts appeared in X users’ feeds, even when users didn’t follow him or engage along with his content.
With his 204 million followersthe platform gives Musk incredible reach to advertise his own political opinions and support Trump.
Of course, some fear that Bluesky itself will develop into a partisan platform if it is flooded by liberals leaving X. However, the nature of the way this platform is built doesn’t allow it to be guided by the political opinions of its owner. In addition to the standard blocking and reporting features, Bluesky allows users to create their very own algorithms and custom channels, and subscribe to their very own moderation services to personalize the app to their liking. If the Bluesky app and moderation decisions don’t fit your needs, people will give you the option to run the social software on their very own servers, little just like Mastodon, an open source X competitor (although Bluesky uses a distinct protocol, AT protocolas an alternative of Mastodon and Threads’ ActivePub.)
Interest in Bluesky has been growing for a while, and never only because of its infrastructure and architecture. Bluesky has benefited from other increases before, corresponding to when X was banned in Brazil and when Threads handled moderation issues, for instance. However, this latest increase indicates that increasingly more left-leaning users are deciding to stop using X. Without the combative, back-and-forth political chat that Twitter is famous for, its future as a “global marketplace” becomes increasingly uncertain.
Technology
Conduktor tries to protect “bad data” from company applications
The 12 months was 2020 and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were extremely frustrated with Apache Kafka. The real-time data stream tool simply couldn’t sustain with the engineering needs of the three — especially through the pandemic, when corporations were rushing to use cloud services.
“Many companies have had difficulty scaling their data operations,” Orban told TechCrunch. “And they have struggled to realize the full potential of their data, leaving vast amounts unused or sent to silos.”
After some thought, Orban, Derosiaux and Maarek got here to the conclusion that Kafka, although burdensome, was not an entire failure. This could work, they thought, if it could possibly be improved with some instrumentation.
So they decided to construct the instrumentation.
The trio named the tool Conductorand through the years, it has evolved right into a full-fledged streaming data management platform – one which can capture and filter data according to company policy before it reaches its destination.
Conductor essentially acts as an information gatekeeper, Orban (the startup’s CEO) said, stopping end-applications from being contaminated with “bad data” – corrupted, warped or otherwise incomplete. For example, this could possibly be data for real-time analytics or predictive maintenance.
“Customers are struggling with data explosion, data underutilization and technical hurdles to scaling data in real time,” Orban said. “We are currently working with some of the largest companies in the world because they are the ones feeling these challenges the most.”
Companies can monitor their data streams using Conduktor or share them with third parties through Conduktor Share, which allows organizations to share specific streams externally for data licensing.
The tool runs on a company’s infrastructure and may implement data masking and access controls to be certain that a company’s data practices comply with regulations equivalent to GDPR.
This month, Conduktor closed a $30 million Series B financing round led by RTP Global, with participation from Ansa, M12 (Microsoft’s enterprise fund) and Accel.
Conduktor has competition on this market (as does Immerok), however the startup is growing at a rapid pace, tripling its annual recurring revenue last 12 months. The startup counts DraftKings and Lufthansa as customers and expects to double its 60-person team by 2026.
“As streaming is inevitable in digital innovation, the need for an enterprise data management platform continues to grow,” Orban said, citing a Fortune Business Insights report that estimates the streaming market will grow to $185 billion by 2032.
The fresh money, which is able to bring the New York company’s total capital to $52 million, will go toward overall expansion and product development, Orban said.
Technology
As demand for lithium explodes, battery recycling startup Tozero accelerates scale with initial $11.7 million
TozeroA Munich-based startup that recovers helpful raw materials from recycled lithium-ion batteries is preparing to scale. The startup just closed an oversubscribed €11 million (roughly $11.7 million) seed round to scale up production by constructing its first industrial-scale implementation facility (first of its kind, or FOAK).
Currently, Tozero’s pilot plant processes nine tons of used lithium-ion batteries a day, however the startup is aiming for unlimited capability in what it hopes can be just just a few years of scaling up its operations.
“Other competitors are raising much more money to get into an industrial plant. But because our process and our technology are so lean and efficient, we don’t need more than that to achieve our first industrial deployment or what the investing world would call a “first-of-its-kind” factory. This is what we intend to build,” co-founder and CEO Dr. Sarah Fleischer (pictured above, left) told TechCrunch.
The startup claims that after the Tozero process gains industrial speed and functionality, there can be no hard limits on what it may well achieve when it comes to battery recycling, so long as it has access to waste streams.
“The goal of FOAK is actually to get into the actual, continuous production – manufacturing – of the product,” added co-founder and managing director, Dr. Ksenija Milicevic Neumann.
“After that, unlimited, infinite, exponential growth will be possible,” Fleischer said. “Our idea is to independently run plants around the world. We’re focusing on Germany, Europe, and then moving on to North America. But once we get to this plant (FOAK), we will be able to expand Tozero into multiple dimensions around the world. This will therefore be a key milestone in the next phase of growth.”
The startup pointed to forecasts that global demand for lithium is it is anticipated to quadruple to three.1 million metric tons by 2030, driven by the rapid uptake of electrical vehicles and growing demand for large-scale renewable energy batteries. By comparison, lithium mining produced just 180,000 metric tons last 12 months, so recycling can have a key role to play in meeting this demand.
The EU Battery Directive will even introduce an obligation to get better not less than 80% of lithium from batteries by 2031.
“The technology works… So the core part of our technology is already in place. Now we just have to industrialize it,” Fleischer said.
Eliminating bottlenecks in recycling
The startup seeks to eliminate bottlenecks in lithium battery recycling with: water-based carbonation a recovery process that’s more environmentally friendly than conventional pyrometallurgy (smelting). Its lithium recovery method doesn’t involve using harsh acids, as would be the case with other battery recycling processes.
Tozero claims its method also leads to significantly lower emissions – 70% lower – in comparison with mining.
“Commodity security is, in a sense, national security,” Fleischer said. “There are so many underdeveloped industries in Europe that are starving for this material because Europe does not produce lithium carbonate; we import. If you look at (European Commission President) Ursula von der Leyen, she states that we import over 97% of lithium carbonate from China. We are therefore highly dependent on the Eastern Front and the mining industry.”
Access to black pulp, a by-product of the mechanical recycling of lithium batteries processed by Tozero, shouldn’t be restricted across borders. In terms of competition, Fleischer describes the market as a “completely blue ocean market” by which battery recycling efforts are largely focused elsewhere. The startup says it may well use black pulp from any style of lithium-ion batteries in order that waste streams may be mixed.
“Lithium will always be there (recyclable batteries), but other elements change – with innovations in battery production – so we don’t care if there is nickel, if there is, for example, a few percent less or more cobalt, but lithium is always present,” said Milicevic Neumann.
Tozero also recovers graphite from blackmass waste streams. The startup says its give attention to these two key raw materials is a “key point of difference” in comparison with other battery recycling players.
The give attention to lithium can also be why the startup’s customers are beating their strategy to its doors.
“Customers are just storming the place,” Fleischer said, stating that market demand is “far too high” for many industrial applications in Europe. Tozero has “over a billion dollars worth of clients in the pipeline who are interested in our material,” she said.
Tozero has delivered the primary batch of high-purity processed lithium to business customers this Aprilnine months after opening pilot facility in Germany.
The need for speed
Tozero was only founded in 2022, so how has it achieved something that larger players within the industry have seemingly didn’t do over the previous few a long time? The startup says it comes right down to focus, speed and inventive pondering.
Speed requires creativity when constructing hardware, Fleischer argued, explaining that the most important challenge for hardware startups is the delivery time of the vital hardware to scale.
“We break things quickly, learn, iterate and improve at a very rapid pace — probably along the lines of Elon Musk’s SpaceX principle — we just build things and see (what happens) until something breaks, we learn from it, iterate and we refine into very fast sprints, which is very unfamiliar to hardware companies,” Fleischer said.
“I would say we protect ourselves through speed,” she added, confirming that Tozero’s approach relies on “process innovations” which can be protected as trade secrets, although not patented. “The entire process, stages or parameters, sequence, method of performing specific activities, is completely our recipe for ‘Coca Cola’ (trade secret),” she added.
Tozero believes it might expand its approach to get better other raw materials that may be used as an “energy source”, although it might not specify what materials it might add later.
The overarching mission is to attain zero waste of key raw materials. “We are quite aware of (the broader challenges of decarbonizing in a sustainable way),” Milicevic Neumann told TechCrunch. “That’s why we also want to focus on recycling some other materials in the future.”
But if it wants to attain real impact, would not Tozero must license its trade secrets to others? They each say they have not fully selected their approach yet, but prefer to retain control of the method as they scale – although they’re open to partnerships.
“On the operational side, we believe that we can only truly deliver the highest quality if we operate the plants ourselves,” Fleischer said. “This can also apply to partners. I mean, we’re open to it. So I don’t want to say yes or no to licensing. Partnerships are great in terms of scale if they are helpful, but we will operate our own plants.”
Tozero’s seed round was led by NordicNinja, with participation from recent investors In-Q-Tel (an American strategic public-private fund), Honda and global infrastructure engineering giant JGC Group. The startup’s €3.5 million pre-season round, closed about two years ago, was led by Berlin-based Atlantic Labs. So far, the Tozero project has raised €17 million, which incorporates a €2.5 million grant from the EU’s research and development support body, the European Innovation Council.
“Tozero’s innovative approach to battery recycling is exactly what Europe needs to secure key supplies in the global electrification race, and Japan would like to cooperate,” Shin Nikkuni, co-founder and managing partner at NordicNinja, said in an announcement. “Sarah and Ksenija, two exceptional founders, have the knowledge and desire to transform the landscape towards sustainable battery solutions. We are excited to support the tozero team as they scale their technology and commercial operations and contribute to a more sustainable and independent energy future for all.”
-
Press Release7 months ago
CEO of 360WiSE Launches Mentorship Program in Overtown Miami FL
-
Business and Finance5 months ago
The Importance of Owning Your Distribution Media Platform
-
Press Release7 months ago
U.S.-Africa Chamber of Commerce Appoints Robert Alexander of 360WiseMedia as Board Director
-
Business and Finance8 months ago
360Wise Media and McDonald’s NY Tri-State Owner Operators Celebrate Success of “Faces of Black History” Campaign with Over 2 Million Event Visits
-
Ben Crump7 months ago
Another lawsuit accuses Google of bias against Black minority employees
-
Fitness7 months ago
Black sportswear brands for your 2024 fitness journey
-
Theater8 months ago
Applications open for the 2020-2021 Soul Producing National Black Theater residency – Black Theater Matters
-
Ben Crump8 months ago
Henrietta Lacks’ family members reach an agreement after her cells undergo advanced medical tests