Introvert! โข 4m
Here is a detailed Case study on Medial ๐๐๐ ๐ตTotal funding is $750k in 3 rounds including one at the idea ๐ก stage. At a valuation of๐ฒ 2.5 million dollar ๐ต. ๐ Medial, a Bangalore-based startup is a professional networking space with its innovative approach to connecting young professionals and startups. ๐Founded in 2023 by Aishwarya Raj Pandey Harsh Dwivedi , Niket Raj Dwivedi and Prateek Kaien, Medial aims to create a dedicated platform for idea sharing, professional advice, and startup news updates. ๐กVision: To establish Medial as a go-to professional social media platform for young professionals, offering validated ideas, professional advice, anonymous interaction, and compiled updates on startups and tech. ๐ฅKey Features and Uniqueness Pitching Section: Allows startups to showcase their ideas. Filtered ๐ฐ news feed related to startups, tech and layoffs. (A news engine compiles the latest startup news and trends.) ๐๐Validated Ideas: Provides a space for users to share and validate business concepts. โจProfessional Advice: Offers guidance from experienced professionals. Anonymous Interaction: Users can interact anonymously or with real identities. ๐๐ฉโ๐ค๐จโ๐คUser Engagement and Downloads User Base: Over 250000 users on the platform( While specific download numbers are not available, Medial's user engagement is significant, with a focus on building a strong community.) ๐ฆ๐ฆShark Tank India Appearance Medial appeared on Shark Tank India Season 4, Episode 37, seeking โน50 lakhs๐ฐ for 1% equity, valuing the company at โน50 crore๐ฐ. Despite facing criticism from Sharks like Kunal Bahl and Anupam Mittal, Medial secured a deal with Ritesh Agarwal for โน50๐ฐ lakhs in exchange for 2.5% equity, contingent on pivoting to a Startup Showcase App, reducing the valuation to โน20๐ฐ crore. Funding Details Original Ask: โน50๐ฐlakhs for 1% equity at โน50 crore ๐ฐvaluation. Secured Deal: โน50 ๐ฐlakhs for 2.5% equity at โน20 crore valuation with Ritesh Agarwal.๐๐ Pivot Condition: To transform into a Startup Showcase App.๐ฅ Potential and Future Plans Market Potential: India's startup ecosystem is thriving, with over 200000+ startups, offering a vast market for Medial. Future Goals: ๐กShort-Term: Pivot to a Startup Showcase App, achieve 100,000 active users, and generate โน50 lakhs in revenue. ๐Mid-Term: Establish as India's top Startup Showcase App, secure major partnerships, and reach โน5 crore in revenue. Long-Term: Expand internationally, develop tools for startups, and increase valuation to โน200 crore.๐ Challenges and Mitigation Strategies Challenges:๐ป ๐Competition from established platforms like LinkedIn, X, reddit. ๐Need for sustainable monetization. ๐User acquisition and retention. ๐Scalability and content moderation. ๐Mitigation Strategies: Differentiate by focusing on startup ecosystem needs. Experiment with revenue models.๐ฒ๐ฒ Targeted marketing campaigns for user growth. ๐งโ๐ปInvest in scalable infrastructure. Medial's journey highlights the potential for niche platforms to thrive in the professional networking space by addressing specific needs of the startup community. With its unique features and strategic pivot, Medial is poised to make a significant impact in the Indian startup ecosystem.๐๐๐๐ thnkx reading โก :)
Learner โข 8m
How can I, identify early stage startups which are <50 crore in valuation ?
mysterious guy โข 4m
The value of Rs 1 crore After 10 years from Now - 50 lakhs After 15 years from now - 36 lakhs After 20 years from now - 25 lakhs (ASSUMING 7% INFLATION)
Entrepreneur and Ger... โข 11m
So glad to share I completed 50 followers on medial today ๐๐๐๐ Hope to connect more and deliver quality content for you all๐
Hey I am on Medial โข 7m
Is there any one who could invest just 50 lakhs and take profit of 10-20 crore with the the fantasy gaming platform
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The Institute of Chartered Accountants of India โข 3m
50+ Books Related to Startup, Business and Entrepreneurship. ๐
Founder - Burn Finan... โข 9m
Ola Electric investors, how are you all? As soon as the lock-in period ended, the companyโs share price dropped. To justify a valuation of โน39,000 crore, at least โน3,000 crore in revenue and a profit of โน50 crore or โน100 crore will be needed. Then, m
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Medial โข 17d
Introducing Medial Startup Valuation Calculator. A simple tool to estimate yours or any startupโs valuation and figure out how much equity to dilute before raising funds. Try it out: https://medial.app/valuation-calculator
Hey I am on Medial โข 2m
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Dear Aspiring Entrepreneurs/Entrepreneurs, I am sure that you may have heard a lot of funding rounds but do you know about the details about each rounds as a desi Indian ๐? ๐ฑ Pre-Seed Funding: It's like planting a seed in your startup garden! S
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