๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

News on Medial

Beyond Snack raises $8.3 Mn in Series A round

EntrackrEntrackr ยท 5m ago
Beyond Snack raises $8.3 Mn in Series A round
Medial

Kerala-based banana chips brand Beyond Snack has raised $8.3 million in its Series A funding round led by 12 Flags Group, a consumer business-focused fund established by Rakesh Kapoor, the former global CEO of Reckitt Benckiser. Existing investor NAB Ventures also participated in this round, increasing its stake in the company. Japanese VC firm Enrission India Capital and other existing investors, including Faad Network, also joined. Earlier in July 2023, the brand had raised $3.5 million in a pre-Series A round from the NABVENTURES Fund. The proceeds will be used to drive Beyond Snackโ€™s expansion into new territories, add product innovation, and strengthen its supply chain infrastructure. Founded by Manas Madhu, Jyoti Rajguru, and Gautam Raghuraman, Beyond Snack is a plant-based savory snacks brand that produces its banana chips with no artificial colors or flavors. Beyond Snack claims to have expanded its global footprint. Currently available in 12 countries, the brand is exploring new international markets, where it has seen strong demand for its products.

Related News

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures

EntrackrEntrackr ยท 1m ago
Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures
Medial

Volt14 raises $1.87 Mn in pre-Series A round led by Blume Ventures Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact. Shashank Pathak 05 May 2025 11:12 IST Follow Us New Update Battery technology startup Volt14 has secured $1.87 million in its pre-Series A funding round led by Blume Ventures. Beyond Next Ventures, Spectrum Impact, Supermorpheus, and returning investor Cocoon Capital have also participated. The total funding raised by the Bengaluru-based startup now stands at $4.02 million. The proceeds will be used to scale up manufacturing and expand its team. Founded in 2019 by Animesh Kumar Jha, Volt14 focuses on developing silicon-based anode materials for lithium-ion batteries. It has also developed an in-house cylindrical battery cell format demonstrating energy density enabled by its silicon anode. Volt14 claims that its technology increases silicon content in anodes while maintaining performance levels and is currently being evaluated by multiple battery cell manufacturers. According to market research, the lithium-ion battery sector is projected to exceed $300 billion by 2034, driven by electric vehicle adoption and energy storage expansion. Blume Ventures, the lead investor in this round, is also one of the early backers of Battery Smart, which is the most funded startup in the space.

Seekho app raises $8 Mn in Series A led by Lightspeed

EntrackrEntrackr ยท 6m ago
Seekho app raises $8 Mn in Series A led by Lightspeed
Medial

Learning-focused OTT platform Seekho has raised $8 million in its Series A round, with Lightspeed leading the investment, according to a LinkedIn post by the companyโ€™s founder and CEO, Rohit Choudhary. The round also saw participation from Elevation Capital. Previously, the Bengaluru-based startup raised $3 million from Elevation and other investors in March of last year. Entrackr exclusively reported about the deal in September. โ€œThis is a testament to the trust our users, team, and investors place in us as we build India's go-to short video platform for Lifelong Learning,โ€ said Choudhary via Linkedin post. While the company did not provide many details about the round, it was expected to be valued at around $45 million. Founded in 2020 by Choudhary, Keertay Agarwal, and Yash Banwani, Seekho helps individuals acquire new skills and knowledge. The platform offers a variety of courses to prepare learners for careers in fields such as parenting, the stock market, Instagram, and education, among others. Targeting audiences in tier-II cities and beyond, Seekho delivers educational content through short 2-5 minute videos in episodic series. The platform provides flexible subscription plans, with weekly and monthly options starting at Rs 149. According to startup data intelligence platform TheKredible, Elevation Capital acquired nearly a 24% stake in the company after the pre-Series A round. All three co-founders held 16.65% stake each as of that round. As per Entrackr's sources, Seekho is expected to dilute 20% of its equity in the Series A financing round.

Snack brand Letโ€™s Try raises $2.5 Mn led by SWC Global

EntrackrEntrackr ยท 2m ago
Snack brand Letโ€™s Try raises $2.5 Mn led by SWC Global
Medial

Snack brand Letโ€™s Try raises $2.5 Mn led by SWC Global Snack brand Letโ€™s Try has raised $2.5 million in its latest funding round led by Singapore-based SWC Global. The existing investors are Wipro Consumer, 100Unicorns, Venture Catalysts, and boAt Lifestyle founder Aman Gupta. Prior to this, the company had secured $1.56 million from its existing investors. The proceeds will be channeled towards expanding distribution across Tier 1, 2, and 3 cities, strengthening its supply chain and backend operations, launching a diverse range of health-forward snacking options, and investing in digital and offline brand-building initiatives, Letโ€™s Try said in a press release. Launched in 2021 by Nitin Kalra, Letโ€™s Try aims to make delicious, high-quality snacks accessible to every Indian household. The brand offers a wide range of premium yet affordable snacks, including namkeens, wafers, cookies, cakes, and sweets, all made with top-quality ingredients. It was also featured on Shark Tank India. According to the Delhi-based company, it plans to introduce several new SKUs in modern trade and regional formats to appeal to a wider consumer base while deepening its presence across e-commerce platforms and D2C channels. As per market research, the snack market is estimated at Rs 50,000 crore, growing annually at 12%. In three years, Letโ€™s Try claims that it has scaled its revenue from Rs 1 crore to Rs 120 crore in ARR and has set a target of crossing Rs 1,000 crore in revenue by 2028.

Way2News raises $14 Mn in Series B led by WestBridge

EntrackrEntrackr ยท 9m ago
Way2News raises $14 Mn in Series B led by WestBridge
Medial

Hyperlocal news platform Way2News has raised $14 million in its Series B round led by WestBridge Capital, with participation from venture capitalist Sashi Reddi. With the fresh proceeds, Way2News will focus on scaling operations, enhancing technology, and expanding its presence in the South Indian market, the company said in a press release. In June 2022, the Bengaluru-based firm scooped up $16.75 million in Series A round. Founded in 2015, Way2News claims to have 6.5 million daily active users, 13 million monthly active users, and more than 50 million downloads across app stores. Hyderabad-based Way2News offers short, relevant, and reliable news stories extending beyond districts to villages and mandals in their local language such as Telugu, Tamil, Kannada, Malayalam, Marathi, Bengali, and Gujarati from trusted local sources. According to startup data intelligence platform TheKredible, Way2News increased its operating revenue by 6% to Rs 29 Cr in FY23 from Rs 27.35 Cr in FY22. Way2News had a loss of Rs 15.14 Cr in FY23 whereas it made a profit of Rs 4.78 Cr in FY22. In the news aggregation space, Way2News faces competition from InShorts, Dailyhunt, Inshortsโ€™ Public app and Feedly.

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