Astrotalk, India’s leading astrology consulting platform, has appointed Deepak Khetan as its Chief Financial Officer (CFO) as the company gets ready for an IPO in the next 2 years.
A Seasoned Financial Professional
Khetan, a Rank 1 Chartered Accountant, has over 20 years of experience in financial services and consumer-tech. He has held senior leadership positions at GLS Group India, GlobalBees, Edelweiss Financial Services, YES Bank, ICICI Bank, and Gulf Islamic Investment (GII). Most recently, he was Group CFO at GLS Group India and earlier was finance and corporate development head at GlobalBees.
At Astrotalk, Khetan will be responsible for financial planning, compliance, risk management and investor relations and will play a key role in shaping the overall strategy of the company. His mandate includes IPO readiness, strengthening governance frameworks, international expansion and long-term sustainable growth.
“Preparing for an IPO is like preparing for a marathon – it requires precision, strategy and the right team. I look forward to building the financial discipline and systems that will support the company’s growth for years to come,” said Khetan.
Astrotalk’s founder and CEO, Puneet Gupta, welcomed the appointment, noting, “As we are scaling and launching in new geographies, our finances have also started becoming more complex. We wanted a strong leader with good pedigree and experience who could handle our finances with airtight compliance. Deepak’s guidance will help us chart the right course — not just to a successful listing, but to steady growth for years ahead.”
Astrotalk’s Growth Trajectory
Founded in 2017 by Puneet Gupta and Anmol Jain, Astrotalk has rapidly become one of India’s most prominent spiritual-tech platforms. Operating on a revenue-sharing model with over 20,000 astrologers, the platform records nearly 7,00,000 daily active users and claims to have served more than 70 million customers since inception.
Services are priced between INR 10 and INR 200 per minute, catering to a broad demographic. The firm has also diversified into spiritual e-commerce with Astrotalk Store, reflecting its ambition to broaden revenue streams beyond consultations.
Strong Financial Performance
Astrotalk’s financial growth has been striking. According to internal reports, the company closed FY25 with revenue of INR 1,182 crore and profits exceeding INR 250 crore, a sharp rise from FY24, when it posted INR 651 crore revenue and INR 100 crore profit.
The platform is currently operating at an annual revenue run-rate of INR 1,600 crore (approximately USD 192 million). Astrotalk has stated its ambition to generate 40% of its revenue from overseas markets in the coming years, a target Khetan is expected to help deliver through global expansion initiatives.
Funding and Valuation
To date, Astrotalk has raised USD 34 million (~INR 296 crore), including a USD 14 million (~INR 122 crore) round in June 2024 from Left Lane Capital, Elev8 Capital, and QED Innovation Labs. The company is now in talks to raise a Series B round targeting USD 50 million (~INR 435 crore), with a valuation in the range of USD 1.3 billion to USD 1.5 billion — a four to five-fold jump from its earlier valuation of USD 300 million.
Looking Ahead
With IPO preparations underway, Astrotalk is positioning itself at the intersection of ancient astrology and modern digital consumer-tech scale. The addition of Deepak Khetan to its leadership team marks a significant step in this journey.
If successful, the company’s public listing could emerge as one of India’s most intriguing tech debuts — blending a fast-growing spiritual-tech sector with robust profitability and global expansion ambitions. For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription, stay tuned to IPO Central.