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June 23, 2013

Deal Alert: K. Ganesh, Meena Ganesh acquire 35% in OnlinePrasad


GrowthStory.In,  the investment arm of serial technology entrepreneurs, K Ganesh and Meena Ganesh, has picked 35% stake in OnlinePrasad, a Bangalore-based venture that delivers religious merchandise from temples to people's doorsteps.

Founded by former Bain & Co analyst Goonjan Mall, the one year-old portal now provides puja facilities at more than 30 well-known temples from Vaishno Devi to Palani Murugan. The staff, sometimes pundits, are on the company rolls in these locations conducting puja on special occasions for Rs 501. The logistics, managed through FedEx and DHL, will deliver the prasad home within three days.  OnlinePrasad was incubated by Chandigarh-based startup accelerator The Morpheus. 



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