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Medial raises $500K in pre-Series A led by OG Capital

EntrackrEntrackr · 7m ago
Medial raises $500K in pre-Series A led by OG Capital
Medial

Professional social media platform Medial has raised $500K in a funding round led by Ortella Global Capital (OG Capital), a fund established by Rajvardhan Mohite and former IFC executive Sayan Ghosh. Medial is one of the few startups to have raised two funding rounds in 2024. The Bengaluru-based firm secured $120K in January during its pre-seed round, which was led by FirstCheque VC. The fresh proceeds will be used to create an integrated professional ecosystem focused on meaningful connections, career growth, and relevant content for the startup and tech community globally, Medial said in a press release. Founded and led by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, Medial is a content and community-driven platform with a vibrant community across diverse domains such as tech, product, and UI/UX. It serves as a hub of startup news, industry updates, banters, and advice in a non-clickbaity fashion to add value for its community, and enable transparent and inclusive workplace conversations. Medial started as an integrated platform for professionals in the startup sector and plans to grow into a job board and company profile with worldwide relevance. According to the company, the app is creating a community for product managers, UI/UX designers, product analysts, venture capitalists, business analysts, and aspiring entrepreneurs. It claims to have a community of 100,000 entrepreneurs, startup enthusiasts, techies, and investors and over 10,000 daily Active Users within a few months of its alpha launch. Medial is a professional network that incorporates real identities, similar to LinkedIn and GitHub, while also offering an anonymous feature as an additional layer to enhance the platform. It competes, directly or indirectly, with Grapevine, Hood (formerly Zorro), and, to some extent, with FishBowl, Blind, and Reddit.

Related News

Qoruz raises $500K in pre-Series A round led by The Chennai Angels

EntrackrEntrackr · 10d ago
Qoruz raises $500K in pre-Series A round led by The Chennai Angels
Medial

Qoruz raises $500K in pre-Series A round led by The Chennai Angels Qoruz, a creator intelligence and collaboration platform, has secured $500K of funding from The Chennai Angels as part of its ongoing pre-Series A round, which is targeted at $1 million. The round also saw participation from senior marketing professionals, agency leaders, and founders from the media and advertising ecosystem. The Bengaluru-based startup had previously raised 4.5 crore in a seed funding round from Dexter Angels and the IIM Indore Alumni Fund. The proceeds will be utilized to scale its AI capabilities, expand into new market verticals, and strengthen its global presence with a focus on the Middle East and Southeast Asia, Qoruz said in a press release. Co-founded in 2014 by Praanesh Bhuvaneswar, Prabakaran B, Aditya Gurwara, and Priya Vivek, Qoruz is a creator intelligence and collaboration platform that helps brands discover, evaluate, and collaborate with creators to drive measurable business outcomes. The platform enables marketers to approach creator collaboration as a structured, data-led channel rather than an intuition-driven tactic. “We’re not just building a platform, we’re building an ecosystem for the creator economy, where creators are central to how products are discovered, trusted, and bought. For this to scale meaningfully, it needs more than connections; it needs infrastructure. This capital allows us to deepen that foundation and bring operational precision to a space that has long operated on instinct,” said Praanesh Bhuvaneswar, co-founder and CEO of Qoruz. Qoruz plans to target $30 million ARR by 2026, growing 3x YoY in enterprise client adoption. The company claims that its platform has been used by over 1,000 brands and agencies, including Amazon, Flipkart, Jiostar, Dabur, L’Oréal, and Coca-Cola.

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