HiBoost Astrology Network Invests in Karma

HiBoost is a venture development studio founded by veterans in the venture ecosystem, the studio recently invested in the social astrology network called Karma.

As a company owned by hiVC, hiBoost identifies the needs of startups that are still in their early stages. Along with these, hiBoost also provides guidance on business networking, development, finding investment, incorporation and strategy development for startups. Thanks to these, the startups are moved to the level where hiVC and hiVC-like funds can be invested by hiBoost.

Also see: TeklifimGelsin Gets $1.4 Dollar Investment Through Keiretsu Forum Turkey

Explanations on HiBoost Karma Investment

Miraç Mutlu İspir, Founding Partner of Karma, made a statement on the subject. İspir said that 'mystical practices, which offer a spiritual experience opportunity in America and Latin countries, have become quite popular in recent years. İspir said that there is a great potential in Turkey in this category, which does not yet have an established player and promises rapid growth, and that at this point, as Karma, they have brought astrological harmony to digital and in this context, they aim to bring individuals together in the light of astrology.

Invested by hiBoost, Karma is based on natal charts, which form the basis of astrology. To become a member, after downloading the application, users just need to enter their place of birth and time of birth. Thus, the birth chart of the members is created instantly. While the user is presented with matching requests in the profile similar to himself, members have the chance to get astrological tips about the person they match. While standard matches are indicated by a percentage match, there are also special matches such as 'Soulmate' and 'Twin Soul'.

İspir said that as the Karma team, they are very happy to implement this category, which has not yet been defined in the Turkish market, together with hiBoost, and that they aim to grow in different countries as well as Turkey with this investment.