My Tirth India, founded in 2018 by Indraneel Dasgupta, is facing a significant funding crisis following the unfortunate passing of its principal shareholder and mentor. As a result, the company has been unable to sustain its operations. “But as things stand now, we are unable to proceed any further running with a skeletal staff who are working without pay, having no office and working out of our homes. We now have no choice but to stop operations as we have no funds to continue, this pain I will take with me till the day I die,” Dasgupta shared.
The Mumbai-based company specialized in pilgrimage and darshan services, offering a comprehensive portal for travel to India’s religious destinations. In addition to customized travel packages for devotees, My Tirth India provided online services such as prasad and puja facilities, astrological and ayurvedic consultations, and funeral services.
The Indian travel industry, contributing 10% to the country’s GDP, sees 65-70% of its market driven by spiritual tourism. With this in mind, My Tirth India had raised ₹8 crore, aiming to cater to this segment by offering a wide range of spiritual travel options, including India’s first spiritual membership program and showrooms across the nation.
Unfortunately, the company now joins a growing list of start-ups that have ceased operations recently, including Insurtech start-up Kenko Health, upskilling and job-finding platform Bluelearn, homegrown social media app Koo, AI-led software start-up Nintee, and fashion start-up Fashinza, backed by Accel and Alpha Wave.
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