Medial has raised US$ 500K to create an integrated professional ecosystem focused on meaningful connections, career growth, and relevant content for the startup and tech community globally

Bengaluru, 5th December 2024: Medial has successfully raised US$ 500K in its Pre-Series A funding round. The round was led by Ortella Global Capital (OG Capital), launched by serial entrepreneur Rajvardhan Mohite and ex-IFC executive Sayan Ghosh. It has a tight-knit community of 100K entrepreneurs, startup enthusiasts, techies, and investors, and over 10K Daily Active Users on the platform within a few months of the platform's alpha launch.

“There is no dedicated space on the internet for the startup and tech community which fosters innovation and growth. Most of our users have faced a broken professional journey because of the existing siloed solutions,” said Niket Raj Dwivedi, Founder & CEO of Medial. “We built Medial to address these gaps - a platform that prioritizes learning, collaboration, and informed conversations without the need to sign up on 5 different platforms. Our goal is to ensure that every moment spent on Medial is both valuable and productive. Medial is also going to be profitable in the next quarter or two and be one of the very few Indian consumer platforms, that has achieved profitability at scale.”

“Creating an engaged community is challenging, but the second-time founders at Medial, with their lean yet stellar team, have done just that—building a highly engaged community at a low cost that adds real value. Medial stands alone in offering exclusive insights into the startup and tech ecosystem, covering everything from news and updates to hackathons, discussions, and product launches on a single platform. This success stems from the founders' resilience, frugality, and deep consumer understanding. What sets Medial apart is its early focus on monetization and profitability,” says Sayan Ghosh, Co-founder and Managing Partner at OG Capital.

“Medial stands out for its early focus on monetization and profitability. Unlike many startups, it achieved key milestones within months of its alpha launch, securing multiple revenue streams and collaborating with top global brands. Their impressive growth, engagement, and top-quartile retention metrics—driven by a strong and accelerating K-factor—are a testament to their momentum. Medial's transformative roadmap envisions an integrated ecosystem where companies and professionals can seamlessly network, build, and transact. We’re particularly excited about their innovative tech and unique approach to data, unlocking immense value for professionals worldwide. We’re proud to partner with Medial on this ambitious journey,” said Rajvardhan Mohite, Co-founder and Head of Enterprise Investments at OG Capital.

Currently, there is no platform that exclusively focuses on discussions, news, and insights related to startups and tech in a way that addresses all the needs of the individual’s professional journey. Medial bridges this gap by offering a vertically focused, specialized platform for founders, investors, and startup enthusiasts.

Medial provides a centralized, holistic experience that includes a real-time news feed delivering curated updates about the startup world.

A social feed where users share insights, discuss ideas, and engage with relevant content and Startup Showcase - a feature designed to validate ideas, pitch to investors and peers, and gather actionable feedback.

By combining these elements, Medial ensures that users don’t need to toggle between multiple apps for news, networking, and idea validation. Instead, everything they need is right at their fingertips in one centralized space.

With over 100,000 loyal users and consistently strong engagement, retention and growth metrics, Medial is set to redefine the way professionals connect within the startup and tech ecosystem.