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

News on Medial

Related News

Off the field: MS Dhoni, Sachin Tendulkar, Virat Kohli, other cricketers start up a different game

Economic TimesEconomic Times · 1y ago
Off the field: MS Dhoni, Sachin Tendulkar, Virat Kohli, other cricketers start up a different game
Medial

Indian cricketers are increasingly looking beyond traditional endorsements and investing in equity deals and new ventures. MS Dhoni has acquired a stake in jewellery maker Bluestone, Sachin Tendulkar's sports shoe startup is backed by venture fund Peak XV Partners, and Yuvraj Singh has invested in sports athleisure firm Agilitas Sports. Current players like Virat Kohli, Rohit Sharma, and Hardik Pandya are also active investors. This trend reflects changing consumer expectations and the growing demand for sports goods and health products in India. Personalities like Sourav Ganguly, Ajinkya Rahane, Gautam Gambhir, Shikhar Dhawan, and KL Rahul are also involved in partnership deals and new business ventures.

Climate-tech startup Brisil Technologies raises pre-seed round led by Momentum Capital

EntrackrEntrackr · 10d ago
Climate-tech startup Brisil Technologies raises pre-seed round led by Momentum Capital
Medial

Climate-tech startup Brisil Technologies has raised Rs 3 crore in a pre-seed funding round from Momentum Capital along with participation from Fondation Botnar. The fresh capital will be used to expand its production capacity using its proprietary zero waste chemical process, strengthen its team, and scale operations to address the rapidly growing global demand for silica, Brisil Technologies said in a press release. Founded in 2016 by Tanmay Pandya, Brisil is a sustainability-focused startup creating a circular economy for the silica industry. Through its proprietary chemical process, the company produces sustainable silica from rice husk ash, a residue left by power plants which process rice husk generated as agricultural waste. Production of silica from rice husk ash (RHA) is a truly sustainable alternative to current methods of silica production, which utilise high quantities of river sand & quartz, as well as cause high greenhouse gas emissions too. With a monthly demand pipeline of 6,000 metric tonnes, Brisil plans to further expand its international presence, with a focus on customers across South East Asia and Europe. Brisil’s proprietary, eco-effective chemical process that produces highly dispersible and precipitated silica is highly sustainable. It uses bio-waste as the raw material for silica production, reduces carbon dioxide emissions compared to traditional silica manufacturing and contributes to fuel efficiency in vehicles that use green tyres by lowering friction and wear. In footwear applications, green silica improves durability and stiffness, enhancing overall performance. The company claims that it currently serves a mix of domestic and international customers, including well-known players in the footwear and tyre segments. It operates a commercial facility with a production capacity of 400 tonnes per month and plans to scale this to 3,000–5,000 tonnes per month to meet increasing demand from customers across tyres, footwear, paints, and allied industries. It may directly or indirectly compete with the major players in this space such as Solvay, Evonik, Tata Chemicals, Madhu Silica, amongst others.

Ajinkya Rahane invests in Proxgy’s Series A round

EntrackrEntrackr · 1y ago
Ajinkya Rahane invests in Proxgy’s Series A round
Medial

Snippets Ajinkya Rahane invests in Proxgy’s Series A round Proxgy, an IoT innovator specializing in safety, connectivity, and productivity solutions, has received funding from Indian cricketer Ajinkya Rahane in its ongoing $3 million Shashank Pathak 25 Dec 2024 11:59 IST Follow Us New Update Proxgy, an IoT innovator specializing in safety, connectivity, and productivity solutions, has received funding from Indian cricketer Ajinkya Rahane in its ongoing $3 million Series A funding round. Other key investors in the round include Nikhil Kamath, Suniel Shetty, Vinod Duggar, and Manish Patel. Entrackr had exclusively reported the Series A round in September, 2024. The Gurugram-based company has also raised Rs 16 crore ($2 million) in a pre-series A round led by LetsVenture, Planify Angel Fund, Mach Tech Fund, and others in October last year. The new proceeds will be used to scale operations, expand Proxgy’s product offerings, and strengthen its international presence. Founded by Pulkit Ahuja in 2020, Proxgy is focused on developing innovative IoT-based solutions. The company also offers smart wearables and safety products designed to enhance workplace safety and efficiency, particularly for blue-collar workers. The Gurugram-based company has represented India globally, winning the European Product Design Award, Most Innovative Product at CES Las Vegas, and Most Promising Start-Up at GITEX Africa. The firm claims to have reported a 800% revenue growth in FY24, with a Rs 50 crore order book. Advertisment Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here. Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news Subscribe Now Related Articles LIVE RBI permits third-party UPI apps to process payments from PPI wallets LIVE Leanworx raises seed round led by YourNest Venture LIVE Razorpay grants ESOPs worth Rs 1 lakh to all current employees LIVE OYO completes acquisition of G6 Hospitality LIVE Cornerstone Ventures bags $100 Mn exit from Intelligence Node Read the Next Article

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