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

News on Medial

Climate tech startup Fitsol raises $1 Mn in seed round

EntrackrEntrackr · 7m ago
Climate tech startup Fitsol raises $1 Mn in seed round
Medial

Fitsol, a decarbonization platform designed for the manufacturing industry, has raised $1 million in its seed round from Transition VC. The proceeds will be used to ramp up growth across three key areas. It will invest in enhancing Kyoto’s AI capabilities to offer advanced analytics and modules for lifecycle assessments and product carbon footprints. It also plans to expand its operations by hiring top talent in technology, business development, and customer success. Founded in 2022 by Anand Pathak, Akshay Tandon, Manoj Sharma, Sunil Bansal, and Vikas Kalra, Fitsol enables manufacturers to measure, report, benchmark, and actively reduce their carbon emissions through its AI-driven platform, Kyoto, and a comprehensive sustainability marketplace. While Kyoto tracks emissions across Scope 1, 2, and 3, the marketplace offers solutions such as green logistics, sustainable packaging, eco-friendly procurement, waste management, and carbon offsetting services—streamlining the path to achieving net-zero targets. Its end-to-end approach also demonstrates its financial viability. It claims to have delivered 15–20% cost savings across its carbon reduction projects, shattering the industry’s misconception that sustainability is prohibitively expensive. The firm caters to industry leaders like JK Tyre, JBM Group, Rockman Industries, Hindware, Musashi, and Penguin Random House India, while also playing a crucial role in the supply chains of major automotive brands such as Mahindra, Suzuki, Hero, Royal Enfield, OLA Electric, and Ather.

1

Related News

Sprih raises $3 Mn in seed round led by Leo Capital

EntrackrEntrackr · 1y ago
Sprih raises $3 Mn in seed round led by Leo Capital
Medial

Climate tech startup Sprih has raised $3 million in its seed round led by Leo Capital, with participation from a few individual entrepreneurs and climate experts. The proceeds will be used for sales and marketing activities to support the global expansion efforts, the startup said in a press release. Additionally, it will also deploy funds towards acquiring talent for the creation of AI models centred on climate, and broadening its partner ecosystem, the company added, Founded in 2022 by Akash Keshav, Ravi Singhal, Rohit Toshniwal, and Hemant Joshi, Sprih is a climate technology platform which assists companies in streamlining their path towards sustainability. Sprih works with public-listed and private companies across sectors such as manufacturing, construction, chemical, paint, pharma, IT, and higher education. Some of its customers are Indigo Paints, Hero Motors, Arvind SmartSpaces, Espi Industries, and InfoBeans.

Stride Green raises $3.5 Mn in seed round

EntrackrEntrackr · 2m ago
Stride Green raises $3.5 Mn in seed round
Medial

Stride Green raises $3.5 Mn in seed round Gurugram-based climate-tech platform Stride Green has raised $3.5 million in a seed funding round led by Micelio Technology Fund and Incubate Fund Asia, along with participation from other strategic investors. The proceeds will be used to expand the team, enhance its technology platform, and support its growth across India's clean energy transition sectors, including electric mobility, battery storage, and renewable energy. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green provides asset financing and lifecycle management solutions tailored for sustainable businesses. It uses its proprietary tech stack to offer real-time analytics, alerts, and operational insights aimed at improving asset performance and longevity. The platform currently manages over 3,000 cleantech assets and collaborates with original equipment manufacturers and logistics firms. Stride Green facilitates leasing and financing solutions for these sectors, enabling companies to scale sustainably. Stride Green is also planning geographical and vertical expansion to deepen its role within the climate-tech space.

Climate tech startup Resilience AI bags $1 Mn in seed round

EntrackrEntrackr · 7m ago
Climate tech startup Resilience AI bags $1 Mn in seed round
Medial

Resilience AI, a climate risk and sustainability technology firm, has raised $1 million in its seed funding round led by Kalaari Capital's CXXO initiative, which invests in ventures led by women entrepreneurs. The round also saw participation from Java Capital. The proceeds will be used to drive the development of Resilience360, offering end-to-end climate risk management solutions for private and public enterprises. Additionally, the startup aims to co-develop solutions with its customers, expand market access, and drive research-based innovation. Founded by Samhita R, Resilience360 addresses the need for a proactive approach to climate resilience, enabling organizations to prepare for extreme climate events such as heatwaves, floods, cyclones, landslides, and earthquakes. By combining machine learning and deep climate analytics, the platform provides hyperlocal risk maps, automated climate risk diagnostics, and institutionalized climate action plans that integrate sustainability and climate risk standards. The platform's flagship product Resilience360 offers hyperlocal climate risk baseline and mapping; Plan, enabling the development of tailored risk controls; Action, focused on the implementation and reporting of climate measures; and Scale, which supports ongoing monitoring and the expansion of adaptation strategies.

Two Point O Capital raises $6.3 Mn in seed round

EntrackrEntrackr · 10m ago
Two Point O Capital raises $6.3 Mn in seed round
Medial

Climate financing platform Two Point O Capital has raised $6.3 million in its seed round led by Omnivore, with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of marquee angels. The proceeds will be used to improve its tech-enabled platform for sourcing, financing, and monitoring distributed projects in clean energy sectors, and to hire a top-tier team. Founded in 2024 by Archit Mehrotra, Karan Bhutani, Manya Ranjan, and Shashidhar Reddy, Two Point O Capital offers flexible financing solutions for distributed clean energy projects in the commercial and industrial sectors. The Gurugram-based startup focuses on solar rooftops, energy efficiency, and wastewater treatment, offering leasing and capex financing options. It also plans to collaborate with various operating and financial partners to develop and manage a high-quality portfolio on a platform.

LogicLadder raises $2.5 Mn in Series A round

EntrackrEntrackr · 1y ago
LogicLadder raises $2.5 Mn in Series A round
Medial

Climate-tech SaaS startup LogicLadder has raised $2.5 million in its Series A round led by Singapore and Vietnam-based BIG Capital and Zerodha’s Rainmatter. The firm is backed by investors including ONGC, Shell and IIM Lucknow EIC. The proceeds will be used to expand its global footprint in South Asia and North America. Founded in 2011, LogicLadder’s premium platform ‘The Sustainability Cloud’ is used by enterprises to manage ESG, account for Scope 1, 2 and 3 carbon emissions, meet environment compliance and generate sustainability reporting. According to LogicLadder, the software follows global standards like GHG protocol, SBTi, GRI, CDP, CSRD, SASB, BRSR, CBAM and GRESB, among others. Additionally, its products – TSC Water, TSC Energy, and TSC Enviro, allow organisations to achieve efficiency-led decarbonisation and sustainability in water and generated waste. The firm claims to be working with over 1,000 customers such as NTPC, BHEL, PVR-INOX, Mother Dairy and others, along with 40 channel partners.

Social media startup Hunch raises $23 Mn in Series A round

EntrackrEntrackr · 1y ago
Social media startup Hunch raises $23 Mn in Series A round
Medial

Social media startup Hunch has raised $23 million in a Series A funding round led by Alpha Wave and South Korea-based Hashed Emergent. The Dubai-headquartered company will use the funds to strengthen tech infrastructure, improve feed personalisation and accelerate its expansion into the US and Indian markets. It already has offices in India and Singapore. Previously, the firm scooped up $3 million in a seed round in June 2022. Founded in 2022 by Ish Goel, Hunch allows users to create polls that attract votes and comments on various topics, like pop culture, gaming, finance, dating, relationships, anime etc. The polls abridge a curiosity gap, allowing users to validate their own opinions and find like-minded individuals. Hunch claims to record over 1.15 lakh polls, attracting more than 1 crore opinions through user votes across the nation. As per the company, nearly 85% of its user base is in India, with the rest coming from the US. In a statement to the media, Goel said that the firm is looking to scale up to the low single-digit millions of MAUs over the next 12 months with 40% to 50% of that user base coming from the US. Hunch is the second Indian-origin founder-led startup that has a base in Dubai and raised funding in 2023. Last week, Fashinza co-founder Jamil Ahmad’s proptech startup Marrfa announced its pre-seed round led by Berlin-based VC firm Foundamental.

Billion Hearts raises $4 Mn in new round

EntrackrEntrackr · 8m ago
Billion Hearts raises $4 Mn in new round
Medial

Mayank Bidawatka, co-founder of the vernacular microblogging platform Koo, has raised $4 million for his new consumer tech startup, Billion Hearts, in a funding round led by early-stage venture capital firm Blume Ventures. The round also saw participation from General Catalyst and Athera Venture Partners. The startup had closed a ~$250K pre-seed round from the founders of redBus, Ola, InMobi, and Myntra, among others in September this year. The proceeds will be used to build a global team and enhance its technology, emphasizing that the team will remain small since it is focused on creating a tech-driven product. It also plans to expand its team to 15 by early next year. The startup is currently accepting sign-ups. The first product is slated to launch its beta in early next year for a select few users. The app will be available on both Android and iPhone devices. Vernacular microblogging platform Koo shut down its operations in July this year amid no traction and follow-up investment. The company was also looking for a merger and acquisition deal but failed to find a buyer.

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