Bengaluru, July 11, 2024: Melooha, World’s Most Accurate AI-first Astrology prediction platform, has successfully acquired Munitalks, a GenAI startup. This strategic acquisition aims to enhance Melooha's offerings by integrating Munitalks' top-down AI-First approach, known for its robust multilingual support and unparalleled ability to answer a vast array of questions.
Munitalks’ leadership will be leading the AI First roadmap in Melooha. Coupled with this, the integration has further strengthened Melooha’s key pillars of trust, credibility, loveability, and user experience.
Being actively used in 110+ countries now, the mobile-first platform has taken a step ahead in revolutionizing the sector. The new feature of multilingual support has opened doors to almost all Indian languages and bolstered the platform’s ability to meet the requisites of a wide-range of audience. The app downloads have significantly grown to more than 70k in just 2 months, answering more than 300k user questions, and garnering 93% positive feedback.
Sharing his views on the acquisition, Vikram Labhe, Founder & CEO, Melooha said, "We are thrilled to welcome Munitalks into the Melooha family. This decision underlines our brand’s commitment to pioneering advancements in offering astrological guidance through state-of-the-art technology. With the acquisition, we aim to elevate the personalized insights we offer to our users, provide more accurate results, and enhance the overall user experience, thereby also giving astrology the global recognition as a credible source of guidance.”
“Joining forces with Melooha marks a significant milestone for Munitalks. Our AI-First approach, coupled with Melooha's profound expertise in astrology, creates a powerful synergy that will redefine how people seek guidance and support. We are eager to bring our technological advancements to Melooha's platform and contribute to a brighter future for astrology.”, said Sumit Rathore, Co-founder & CEO, Munitalks.
Since its launch in January, the platform has been garnering prominence as well as customer satisfaction, courtesy the ground-breaking offerings, relevance of content, and intelligent recommendations. Blending ancient wisdom with custom-built algorithms and cutting-edge technology, the platform continues to redefine the astro-spiritual market and makes astrology accessible in real-time. Melooha has also successfully secured an angel fund of $6,35,000 led by US-based Streak Ventures LLC, and a group of visionary angel investors.
Commenting on the acquisition, Neeraj Sahejpal, Managing Partner at Streak Ventures LLC said, “This acquisition accelerates Melooha’s strategic goals by merging advanced AI capabilities with ancient astrological wisdom. Munitalks' technology not only enhances the multilingual and comprehensive nature of Melooha's offerings but also significantly boosts the ability to scale and innovate. I am confident that this partnership will set new standards in the industry and significantly enhance user experience.”
Astrology is a $100 billion market, mostly unregulated & unorganized at this time. Together, Melooha and Munitalks are set to pave the way for a new era in astrology and personal guidance, ensuring that every individual, regardless of language or location, has access to credible and insightful support.
About Melooha:
Melooha is the World's Most Accurate AI-first Astrology platform that aims to provide credible guidance to every human being on the planet. Built on the solid foundation of 5000+ year old Vedic Astrology’s precise mathematical algorithms and meticulous planetary data sourced from NASA, the platform is reviving the ancient “vidya '' of astrology and giving astrology global recognition as a credible source of guidance. Available on iOS and Android apps, Melooha continuously strives to make astrology accessible to anyone with a smartphone, transcending the barriers of language and time zones, and catering to a broader user base.
About Munitalks:
Munitalks is an early stage startup, built using top-down AI-first approach. The platform being AI-first and based on fine-tuned GenAI models using a novel cognition engine paves way for the platform’s ability to support multiple languages, along with understanding & mapping complex astrological questions with depth that is beyond human cognition. With advanced technological features, Munitalks splits a question into multiple simple questions and maps each of them intelligently, thus catering to every specific query, individualistic insights, and minute details.