Business News | EPuja Websolution Pvt Ltd. Amalgamates with Sagar Productions Ltd.
Get latest articles and stories on Business at LatestLY. ePuja Websolutions Pvt Ltd (EPWSPL), India's first spiritech company (technology in spirituality) that offers access to religious ceremonies and remedy rituals across 3600 temples in India, today announced its amalgamation with Sagar Productions Ltd (SPL).
New Delhi [India], May 16 (ANI/SRV): ePuja Websolutions Pvt Ltd (EPWSPL), India's first spiritech company (technology in spirituality) that offers access to religious ceremonies and remedy rituals across 3600 temples in India, today announced its amalgamation with Sagar Productions Ltd (SPL).
Commenting on the development, Shiva Kumar (Founder and ED - EPWSPL) said "This is a new milestone for our company, and I am very happy for the entire team of EPWSPL. I vividly remember how I started the journey, painstakingly, travelling across the length and breadth of the country to tie up with various temples to facilitate the convenience of puja offerings by devotees from the comfort of their homes. The idea got triggered when my parents were unable to travel due to health reasons and offer pujas at a particular temple. From onboarding our 1st domestic customer to having facilitated 50,000 pujas (till date), we have come across and overcome a lot of challenges. From that stage to getting on to the listed platform today has been a long, but interesting, journey though. We are very excited about the future and welcome the greater responsibilities and opportunities that the listed space awaits us. With this amalgamation, we estimate significant benefits driven by pooling of financial resources leading to more effective management of funds, greater economic scale and stronger base for future growth".
Chetan Merchant (Co-founder and MD - EPWSPL) added "India is possibly the only country in the world which is so religiously diverse and spiritually dynamic. As a community, we tend to lean towards spirituality at all times, good, bad or ugly; thereby making spirituality a recession-proof industry. While the industry is debated to be anywhere between $40-60 bn, it is highly unorganized and characterized by small, fragmented, local players. To precisely address this and other issues like inaccessibility, EPWSPL was conceptualised. With technology having proved to expand reach, offer convenience and bring down costs in established industries like education and medicine, it was only natural for us at EPWSPL to have technology integrated into our service offerings as well.
Rikin Parekh (Co-founder and MD - EPWSPL) added that while the share of ecommerce in the spiritual space, at
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