🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Digital marketing automation startup Maino.ai raises $1.8 Mn

EntrackrEntrackr · 1y ago
Digital marketing automation startup Maino.ai raises $1.8 Mn
Medial

Digital marketing technology firm Maino.ai has raised Rs 15 crore (approximately $1.8 million) led by India Quotient Advisers LLP. Angel investors Karan Bedi, Janhavi Parikh, and other marquee investors have also joined the round. The investment will significantly expand teams in technology, product development, design, and strategy, Maino said in a press release. Founded by Abhijeet Kunwar, Rishabh Kumar, and Vikas Keshri, Maino.ai empowers digital growth marketing for new-age modern companies of all sizes. It uses AI and ML technology to build an end-to-end automated martech platform that provides a one-stop solution to an organization’s marketing needs. Maino.ai claims to have gained significant traction from brands in various sectors, such as media tech, D2C brands, hospitality, and edtech, among others. As per the company, it has effectively enhanced efficiency and scalability for its clients, underscoring the promising future of its technology in the martech space. India Quotient launched its fourth fund worth $80 million in February 2021. in Its portfolio companies include WebEngage, Dhiwise, Vyapar, Pagarbook, Fleetx, Powerplay, Brands.live, and GoComet among others.

Reo.Dev raises $4 Mn in seed round led by Heavybit

EntrackrEntrackr · 10d ago
Reo.Dev raises $4 Mn in seed round led by Heavybit
Medial

Reo.Dev, an intent platform designed specifically for developer-first software companies, has raised $4 million in a seed funding round led by Heavybit, with participation from India Quotient and Foster Ventures. The Bengaluru- and San Francisco-based company had previously raised $1.2 million in the same round back in February 2024 from India Quotient and others. The proceeds will be utilized to double its workforce, establish its first U.S. office, and accelerate product development to support the evolving needs of developer-focused companies, Reo.Dev said in a press release. Co-founded in 2023 by Achintya Gupta, Gaurav Jain, and Piyush Agarwal, Reo.Dev is an intent platform built specifically for DevTool and software companies. Its AI-native GTM platform captures and interprets developer signals from GitHub, package installs, docs usage, and more to clear pipeline fog and accelerate sales with technology buyers. According to Reo.Dev, more than 100 developer-first companies, including Chainguard, LangChain, N8N, Temporal, DataHub, and Unstructured, are leveraging it to convert developer activity into actionable intent intelligence. Reo.Dev equips sales, marketing, and RevOps teams with real-time insights into engineering teams actively evaluating products, AI-powered visibility and predictions to identify accounts most likely to convert, and a data-driven approach to building ideal customer profiles. The platform also connects developer-led adoption to top-down buying centers, delivering full visibility into the pipeline, shorter deal cycles, and measurable revenue growth. The startup integrates with existing GTM workflows, including Salesforce, HubSpot, Salesloft, Outreach, and Apollo.

PlatinumRx raises $800K funding led by IndiaQuotient

EntrackrEntrackr · 1y ago
PlatinumRx raises $800K funding led by IndiaQuotient
Medial

Healthcare startup PlatinumRx has raised $800,000 in a seed round from India Quotient, along with participation from several prominent angel investors. PlatinumRx plans to utilize the funds to augment its warehousing and distribution network, enhancing its presence across the country and increasing its product offerings, the company said in a press release. Founded by Ashutosh Pandey and Piyush Kumar, PlatinumRx aims to redefine the way chronic patients access essential medications by curating and offering substitutes from top brands like Cipla, Abbott, Alkem, etc. PlatinumRx helps consumers find the exact substitute medicine having the same salt, same strength, and same effectiveness. PlatinumRx delivers to more than 20,000 pincodes within 2-3 days and providing same-day delivery in Bengaluru. It has also partnered with multiple old age homes and rehab centers across the electronic city. “With rising diabetes and blood pressure-related ailments, coupled with soaring monthly medicine expenses, cost reduction for all chronic illnesses without compromising efficacy is crucial,” said Gagan Goyal, General Partner at India Quotient. Launched by Anand Lunia and Madhukar Sinha in 2012, India Quotient launched its fourth fund worth $80 million in February 2021. Its portfolio companies include WebEngage, Dhiwise, Vyapar, Pagarbook, Fleetx, Powerplay, Brands.live, and GoComet among others.

Exclusive: Ziffi Chess raises over $5 Mn led by Tanglin Venture

EntrackrEntrackr · 1m ago
Exclusive: Ziffi Chess raises over $5 Mn led by Tanglin Venture
Medial

Exclusive: Ziffi Chess raises over $5 Mn led by Tanglin Venture Ziffi Chess, a 2 min chess format game, has secured Rs 44.2 crore ($5 million) in its Series A round led by Tanglin Venture Partners along with participation of existing investors India Quotient, DeVC and others. Previously, Ziffi raised around Rs 7.3 crore in Seed round across 2 tranches from India Quotient, DeVC and few other angel investors. However, the company did not disclose both funding rounds (nearly $6 million) in the media. The board at Ziffi Chess issued 3,792 Series A CCPS and an equity share at an issue price of Rs 1,16,583 each to raise the aforementioned amount, as per its regulatory filing with the Registrar of Companies (RoC). New investor Tanglin Venture Partners spearheaded the round with Rs 34.4 crore (around $3.9 million) followed by existing investor India Quotient via IQ Alpha IV who invested Rs 8.6 crore. Remaining amount covered by DevC, Symphysis LSV LLP and Rohan Nayak. According to Entrackr’s estimates, the Gurugram-based company is currently valued at Rs 206 crore or $23.5 million post-allotment. Following the allotment of this round, Tanglin Venture Partners holds a 16.67% stake in the company, while India Quotient owns 15.2%. The two co-founders, Akshat Bansal and Aditya Dubey together retain a 53.54% stake. Founded in 2023 by IIT-B alumni Akshat Bansal and Aditya Dubey, who previously led the quick-commerce pivot at Blinkit, Ziffi Chess brings a fresh take on the game with its unique 2-minute, 6-move format. It allows players to compete in quick matches and win cash rewards. While games can be played for free, the tournament mode features a prize pool of Rs 350. After the government’s blanket ban on real-money online gaming, Ziffi Chess now allows users to play matches free of cost. Earlier, it charged an entry fee starting from Rs 10, according to a review on the App Store. In Ziffi’s first year of operations in FY24, it recorded an operating revenue of Rs 1.5 lakh while its expenses recorded at Rs 87.65 lakh. During the period, the company incurred a loss of Rs 86 lakh.

Download the medial app to read full posts, comements and news.