News on Medial

Related News

Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others

EntrackrEntrackr · 5d ago
Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others
Medial

Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others Anonymous social media platform Grapevine has raised $4.1 million in funding from Kae Capital, Peak XV Partners, and Ronnie Screwvala. Entrackr had exclusively reported the development in October last year. Prior to this round, Grapevine had raised $2.6 million in its seed round, led by Peak XV Partners. The proceeds will be used to scale both TAL and Round1. The funding was announced by co-founder Saumil Tripathi, alongside the launch of TAL, an AI-powered talent agent that scans job opportunities and recommends relevant roles to users. Founded by Tripathi, Jainam Talsania, and Shreeyash Dharmadhikari, Grapevine started as a networking platform for corporate and startup employees, enabling anonymous discussions around salaries, hiring, layoffs, and workplace culture. The company also operates Round1, an AI-based interview practice platform that allows users to simulate interviews and receive feedback. Grapevine competes with platforms such as Teamblind, Glassdoor, Fishbowl, Levels.fyi, and Reddit. 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.

Shraeyansh Thakur resigns from Peak XV after a decade

EntrackrEntrackr · 1y ago
Shraeyansh Thakur resigns from Peak XV after a decade
Medial

Shraeyansh Thakur resigns from Peak XV after a decade During his tenure at Peak XV, he was board member and observer for startups like Atlys, Meesho, Cars24, ApnaMart, Unacademy, Zetwerk, Urban Piper, Bijnis, among others. Shraeyansh Thakur, an investor at Peak XV Partners, has resigned after nearly 10 years at the venture capital firm, sources told Entrackr. This marks the fifth high-profile exit from Peak XV in the past year. “Shraeyansh Thakur has decided to quit the firm and is likely to launch his own venture soon,” said one of the sources requesting anonymity. Queries sent to Peak XV and Thakur did not elicit any response until publication of the story. "After an incredible 9+ years at Peak XV / Sequoia India, I have decided to embark on a new entrepreneurial journey. The next 10 years are going to be India’s golden digital decade and our founders now have true belief to create the world’s best companies from India," said Thakur in a Linkedin post. Last month, Peak XV’s managing partners, Shailesh Lakhani and Abheek Anand, stepped down after serving for more than a decade. Prior to that, Anandamoy Roychowdhary, a partner at Peak XV's Surge, departed after over 11 years at the firm, while Piyush Gupta, then Managing Director, left after seven years to launch his secondary-focused fund, Kenro Capital. Meanwhile, Rishen Kapoor, co-founder and CEO of SaaS startup Toplyne, has returned to Peak XV Partners after his three-and-a-half-year-old venture shut down. In October last year, Peak XV reduced its $2.85 billion fund by 16% as part of a strategic shift towards investing in a more measured manner amid elevated valuations in the Indian market. This development came a year after Sequoia Capital rebranded as Peak XV.

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