🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Bengaluru SaaS startup ProcUrPal simplifies e-procurement for SMEs
Inshorts
·
4m ago
Medial
Bengaluru-based SaaS startup ProcUrPal, founded by Vikas Chadda, is simplifying e-procurement through its AI-powered platform. Frustrated by the inefficiencies he witnessed in the legacy procurement systems, Vikas built the AI tool that automates tendering, vendor evaluation, and auctions, cutting sourcing time by half. Targeted at SMEs, it offers customised pricing and ERP integration.
View Source
9
Related News
How SaaS-Based Invoicing Platforms Mitigate GST Fraud Risks
Inc42
·
11m ago
Medial
The article discusses the importance of SaaS (Software as a Service) in the context of GST (Goods and Services Tax). In December 2023, the detection of 4,153 fraudulent firms involved in Input Tax Credit evasion worth around INR 12,036 Cr highlighted the significance of SaaS. The implementation of e-invoicing reduces the risks related to manual invoice processing, while the digital record-keeping in the e-way bill system simplifies compliance, minimizes errors, and ensures accurate transaction records, leading to smoother audits and inspections.
View Source
SaaS startup MBG Card raises Rs 2.72 Cr led by IPV
Entrackr
·
7m ago
Medial
SaaS startup MBG Card has raised Rs 2.72 crore in a new round led by Inflection Point Ventures. The round also saw participation from Velocity and Klub. The proceeds will be used to enhance marketing efforts, product development, and team building. Founded by Abhinavv Dubeyy, MBG Card offers a comprehensive, one-stop digital transformation solution tailored for non-tech-savvy businesses. It simplifies the process of creating an online presence, managing review ratings, marketing, and automating customer chat functions. Jabalpur-based MBG Card claims to serve over 10,000 clients across India and internationally. The firm continues to grow, onboarding thousands of new clients each month, and expanding its presence globally. With a dedicated team of over 70 employees. According to market research, the global digital transformation market is expected to reach $1.5 trillion by 2025, with India's SaaS market growing at a rapid pace due to increasing adoption by SMEs.
View Source
How Workplace SaaS Startup OneTab Is Challenging Slack And Asana In Their Own Game
Inc42
·
1y ago
Medial
OneTab, a SaaS product launched in November 2023, simplifies software project management by integrating multiple apps for development and engineering teams. The startup has achieved an annual revenue rate (ARR) of $4 Mn as of May 2024, just four months after its pilot phase. The SaaS market in India is expected to reach $50 Bn of ARR by 2030, more than doubling its size from FY24.
View Source
XpressBees joins ONDC with pan-India delivery services
YourStory
·
1y ago
Medial
Logistics startup Xpressbees has joined Open Network for Digital Commerce (ONDC). By onboarding to ONDC, BusyBees Logistics Solutions (Xpressbees), will now provide delivery services to over 20,000+ pin codes in 2,800+ cities in India through the open network. Through its subsidiary NimbusPost, Xpressbees already has a SaaS-based shipping aggregation platform for SMEs and D2C brands.
View Source
Klub Partners U GRO Capital To Disburse INR 150 Cr Loans To Foster Growth For Digital SMEs
Inc42
·
1y ago
Medial
Revenue-based financing startup Klub has partnered with U GRO Capital to disburse INR 150 Cr ($20.2 million) in credit to support digital small and medium enterprises (SMEs) in India. The allocated fund will provide scalable debt financing of up to INR 30 Cr ($4 million) in a single tranche through Klub's platform. The partnership aims to address the credit requirement gap that exists for SMEs in India. Klub offers flexible funding to digital businesses and SaaS startups and has already deployed over 1,600 investment rounds for more than 600 brands in India.
View Source
Government e Marketplace showcases initiatives at Startup Mahakumbh, aims to further capacity-building of startups and MSMEs
YourStory
·
1y ago
Medial
Government e Marketplace (GeM), a leading public procurement platform in India, will be showcasing its initiatives and capabilities at the Startup Mahakumbh event. GeM aims to support the growth of the MSME sector and startup ecosystem in India by providing new opportunities in the public procurement domain. The platform connects startups with over 1.4 lakh government buyers and offers seller-friendly features such as monitoring orders and payments. GeM will also showcase its registration process and Interactive Multilingual Learning Management solution during the event, and engage in panel discussions and masterclasses to promote startup engagement with public procurement.
View Source
GeM's GMV Doubles In FY24 To Cross The INR 4 Lakh Cr Mark
Inc42
·
1y ago
Medial
Procurement of goods and services through the Government e-Market (GeM) portal has doubled in FY24, surpassing INR 4 lakh crore. The significant growth in services procurement contributed to this increase, with the GMV rising by 205% compared to the previous year. GeM, launched in 2016, is a marketplace for central government ministries, departments, and state governments to purchase goods and services. Notably, states like Gujarat, Uttar Pradesh, and Delhi exceeded their public procurement targets. GeM has also supported marginalized seller segments and partnered with Startup Mahakumbh to onboard more startups.
View Source
SaaS Startup Pepsales Bags Funding To Facilitate Businesses With Customised Product Demo
Inc42
·
10m ago
Medial
SaaS startup Pepsales has raised INR 9.1 Cr ($1.1 Mn) in a pre-seed funding round from Chiratae Ventures. Pepsales offers a demo automation service for B2B businesses, enabling them to quickly generate cloud-based demos in the SaaS space. The Bengaluru-based startup was founded by Ajay Singh and Abhinandan Sahgal in 2020.
View Source
IPO-bound OfBusiness raises Rs 100 Cr led by Cornerstone Ventures
Entrackr
·
3m ago
Medial
OfBusiness, an industrial goods and services procurement platform set to launch its IPO in the second half of 2025, has raised Rs 100 crore (about $11.7 million) led by Cornerstone Ventures. Previously, OfBusiness raised over $650 million across various rounds, including a $325 million round led by Alpha Wave, Tiger Global, and SoftBank, at a valuation of $5 billion. The proceeds from the new investment will be used to drive digital adoption and financing access for SMEs. Co-founded in 2016, OfBusiness provides raw material procurement and financing solutions to SMEs in the manufacturing and infrastructure sectors. The company reported a 25.8% year-on-year increase in revenue to Rs 19,296 crore for FY24, with a 30.2% profit growth to Rs 603 crore. OfBusiness competes with firms like Zetwerk, Infra.Market, and Moglix.
View Source
MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding
VCCircle
·
10m ago
Medial
- Saudi e-grocery delivery platform Nana acquires software solutions provider Rasseed to enhance the shopping experience for users. - Saudi rent-now-pay-later startup Ejari raises $14.65 million in a seed round to scale its business. - UAE-based fintech startup OCTA raises $2.25 million in a pre-seed round to automate payments collection for SMEs. - Dubai-based dropshipping service platform 4Partners secures $3.6 million to expand operations. - Kuwaiti online payment solutions startup Krti secures $1.5 million in pre-seed funding to strengthen the e-commerce sector. - Oman-based BNPL platform QPay closes a seed round led by Cyfr Capital to accelerate growth.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
