I like the simplicity as well as 3D models, but I find the texts in the picture just gets in the way of the overall design.

I'd like to point out a few things:
Copyright(etc.) and the tileset credits text look redundant when you have a Credits section in the menu. ;)

You can omit the "meaning" word, Bhavacakra is a mysterious word, I think its better to let the players find association or connection with the subtitle "The Wheel of Life".

I'm not sure what to think of the Menu placement, its okay where it is. But if you follow my suggestions, I think you'll find there will be an imbalance in the placements and would have to place the menu elsewhere.

What you can do is have an animated title screen.
So that when you cycle through options, Bhavacakra & The Wheel of Life text would be replaced with the menu selection. For an added plus, one part of the circle would be highlighted to add that extra oomph. :)