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

News on Medial

1Buy.AI raises Rs 32.5 Cr in seed round led by 100Unicorns

EntrackrEntrackr · 2m ago
1Buy.AI raises Rs 32.5 Cr in seed round led by 100Unicorns
Medial

1Buy.AI raises Rs 32.5 Cr in seed round led by 100Unicorns Procurement and cost-reduction platform 1Buy.AI has raised Rs 32.5 crore in a seed funding round led by 100Unicorns along with participation from Ashish Kacholia, Gruhas, FJ Labs (USA), and other investors, including existing customers. The fresh funds will be deployed to accelerate the development of compliant, scalable SaaS platforms and expand global data pipes, 1Buy said in a press release. Co-founded in 2023 by Midas Touch founders Nitin Jain, Visham Sikand, and Pradeep Paliwal, 1Buy.AI is an AI-powered platform designed to help electronics companies reduce procurement costs, manage supply-chain risk, source intelligently, and liquidate excess inventory. The platform brings together data intelligence, sourcing execution, and liquidation workflows into a single, decision-grade system. The Delhi-based startup addresses under-served gaps in the global electronics ecosystem such as the lack of a unified, data-driven system for procurement decision-making and execution. It has launched a cutting-edge, AI-led platform that enables electronics manufacturing companies to achieve a 5–10 percent reduction in sourcing costs across active BOMs, often within the first few months of deployment. The platform operates across three integrated verticals including 1Data, an AI-powered cost reduction and intelligence layer, 1Source, an end-to-end sourcing platform, and 1Xcess, a structured marketplace for liquidation of excess and obsolete inventory. It claims that the solution has already gained strong traction, with several of the country’s largest electronics players onboarded as customers. According to 1Buy.AI, it is already working with large enterprises in India and international markets, delivering measurable outcomes, particularly in cost reduction and the execution of those savings. The platform enables procurement teams to move from reactive buying to proactive, controlled decision-making by integrating AI-driven market intelligence with supplier access and operational execution.

Related News

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 10m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

Cancer care startup Oncare raises Rs 27 Cr in Series A round

EntrackrEntrackr · 1m ago
Cancer care startup Oncare raises Rs 27 Cr in Series A round
Medial

Cancer care startup Oncare has raised Rs 27 crore (around $4 million) in a Series A funding round led by Sky Impact Capital. The round also saw participation from Huddle Ventures, Lotus Herbal Group, SteerX, and Tremis Capital. Oncare had previously raised $1 million in its seed round led by Huddle Ventures and others. The proceeds will be used to expand into new metro markets as well as tier-II and tier-III cities. The firm will also invest in technology infrastructure to streamline clinical operations, strengthen care coordination, and improve patient experience. Founded in 2023 by Amar Sneh and Deepak Kumar, Oncare operates a distributed oncology care platform focused on affordable and standardized cancer treatment. The firm integrates medical, surgical, and radiation oncology services within accredited hospitals under a capital-efficient model. Oncare currently operates four centers across Delhi NCR. Funding deals in the oncology segment have picked up over the past few years. Recently, 4baseCare raised Rs 90 crore in a round led by Ashish Kacholia and Lashit Sanghvi. Last year, Everhope Oncology secured $10 million in seed funding, while MOC Cancer Care & Research Centre raised $18 million in a round led by Elevation Capital. Other funded startups in the segment include ErlySign, Oncare, and OneCell Diagnostics.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 8m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Medial

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.

FinReach raises Rs 21.9 Cr led by Colossa Ventures

EntrackrEntrackr · 4m ago
FinReach raises Rs 21.9 Cr led by Colossa Ventures
Medial

FinReach Solutions has raised Rs 21.9 crore (around $2.6 million) in a fresh round led by Colossa Ventures, along with existing investors Michael & Susan Dell Foundation, Omidyar Network Fund Inc, and Caspian SME Impact Fund IV. The company had earlier raised Rs 32.5 crore (around $3.9 million) from its existing investor group. The new capital will be used to scale operations, expand guarantee facilitation, and strengthen the company’s risk and technology stack to support larger volumes of credit assessments. Founded in December 2020 by Suvalaxmi Chakraborty, former senior executive at ICICI Bank, Barclays Bank, and SBM India, FinReach focuses on small entrepreneurs who struggle to access formal credit due to lack of collateral and limited credit history. FinReach operates a private-sector Credit Guarantee Program, enabling lenders to extend credit to micro, small, women-led, agri, and climate-focused enterprises. The platform connects private guarantors with lenders to de-risk loans and expand access to formal credit for underserved MSMEs. The firm’s analytics-led guarantee engine evaluates borrower risk, facilitates guarantees, and supports lending in tier-III to tier-V regions. FinReach says its programs have reached 14,150 individuals, including over 2,050 women borrowers. FinReach works with development finance institutions including British International Investment and global foundations supporting credit-access initiatives.

Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round

EntrackrEntrackr · 1y ago
Bubble tea brand Boba Bhai raises Rs 30 Cr in Series A round
Medial

Bubble tea brand Boba Bhai, a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 30 crore (around $3.4 Mn) in its Series A round led by 8i Ventures. The round also saw participation from existing backers, including Titan Capital Winners Fund, Global Growth Capital, and DEVC among others. Earlier, the startup raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The proceeds will be used to expand to new cities, scale operations, and introduce innovative menu offerings. Founded by Dhruv Kohli, Boba Bhai currently has 42 outlets in nine cities and plans to open over 150 stores by the end of the year. Approximately 70% of orders are generated through its website and platforms like Zomato, Swiggy, and ONDC.

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments

EntrackrEntrackr · 1m ago
HomeRun raises Rs 60 Cr in Series A led by Sorin Investments
Medial

HomeRun raises Rs 60 Cr in Series A led by Sorin Investments HomeRun, an on-demand platform for construction and interior materials, has raised Rs 60 crore (around $6.6 million) in a Series A funding round led by Sorin Investments, which invested Rs 40 crore. The remaining capital came primarily from Titan Capital Winners Fund, along with participation from Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings. The round comes just three months after the Bengaluru-based startup raised Rs 9 crore in a seed funding round co-led by Titan Capital and Sparrow Capital in November last year. The fresh proceeds will be used to expand product categories, strengthen sourcing and supply-chain capabilities, scale dark-store infrastructure, invest in fulfillment technology, and enter new cities. Founded in 2024 by Pukhraj Grewal, HomeRun operates a quick commerce platform focused on construction and home-improvement materials. It delivers products such as cement, plywood, electricals, plumbing supplies, hardware, adhesives, and finishing materials within 60–90 minutes through a hyperlocal dark-store network. HomeRun serves homeowners and contractors, addressing supply disruptions, pricing opacity, and delays in procurement. It competes with traditional retailers and the likes of IBO and Material Depot.

e-TRNL Energy raises Rs 27.4 Cr seed round led by IAN Group

EntrackrEntrackr · 1m ago
e-TRNL Energy raises Rs 27.4 Cr seed round led by IAN Group
Medial

e-TRNL Energy raises Rs 27.4 Cr seed round led by IAN Group Battery cell technology startup e-TRNL Energy has raised Rs 27.4 crore (around $3 million) in a seed funding round led by IAN Group through its IAN Alpha Fund. The round also saw participation from Navam Capital, Speciale Invest, and other investors. The proceeds will be used to complete product development, validate performance and safety, and demonstrate manufacturing capability in India. Founded in 2021 by Apoorv Shaligram and Dr. Uttam Kumar Sen, e-TRNL Energy is developing next-generation battery cell technology focused on redesigning core cell architecture and manufacturing processes. The startup has established a 20,000 sq. ft. R&D and early manufacturing facility in Bengaluru. It has been granted two patents and has filed additional patent applications. e-TRNL plans to set up a 250 MWh pilot manufacturing facility by 2027, with plans to scale to 2 GWh capacity later. Its first product will use LFP (Lithium Iron Phosphate) chemistry, with future development planned for LMFP and sodium-ion batteries.

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