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

News on Medial

Related News

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge

EntrackrEntrackr · 7m ago
Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge
Medial

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge Hyderabad-based microdrama over the top (OTT) platform Chai Shots is raising $5 million in its maiden funding round, two sources aware of the development told Entrackr. “General Catalyst along with Info Edge are in advanced stages of closing a new funding round in Chai Shots,” said a source requesting anonymity. “A few angel investors may also participate.” Chai Shots is a short-video streaming platform with episodes under two minutes, available in several Indian languages. The platform is created by the team behind Chai Bisket, a popular digital media and storytelling company. The Chai Bisket team has built a content ecosystem over nine years, covering reels, podcasts, films, and regional stories through platforms like First Show, Mutiny Talent, Studio Panchatantra, and Chai Shots. The Chai Shots platform is still being developed and is expected to launch soon. “The official launch and funding announcement might take a few weeks,” said another source. The person also mentioned that interest in this space is growing, and a few more startups are likely to raise funds soon. Earlier this week, Flick TV, a similar startup, raised $2.3 million in seed funding led by Stellaris Venture Partners, with participation from Gemba Capital and Titan Capital. Chai Shots will also face competition from Kuku FM’s Kuku TV, ShareChat’s QuickTV, Reel Saga, and Reelies. Queries sent to Chai Shots, General Catalyst, and Info Edge did not elicit a response until publication of the story.

Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart

EntrackrEntrackr · 4d ago
Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart
Medial

url: https://entrackr.com/snippets/microdrama-platform-minipix-raises-rs-24-cr-led-by-pedalstart-10980902. Content: Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart. The round also saw participation from Venture Catalysts and angel investors Sandip Gupta and Rajdip Gupta, founders of Route Mobile, through SanRaj Family Ventures Pvt. Ltd. Bengaluru-based MiniPix, a mobile-first entertainment platform focused on short-form regional micro-dramas for Bharat audiences, has raised Rs 2.4 crore in a pre-seed funding round led by startup accelerator PedalStart. The funds will be used to strengthen product-market fit, scale high-quality regional content creation, and build a core execution-focused team. Founded in June 2025, MiniPix is building a premium platform centred on short, vertical micro-dramas designed for audiences in tier-II and tier-III India. The startup operates in the fast-growing short-form digital entertainment space. According to Redseer Strategy Consultants, India’s micro-drama and interactive content formats are expected to grow at a 50–70% CAGR, driven by rising smartphone penetration, low data costs, and increasing preference for regional-language content. Within six months of launch, the platform has crossed 100,000 app downloads, onboarded over 20,000 paying subscribers, and recorded more than 3 million episode views, translating into over 35,000 hours of content streamed. According to the company, it has achieved an annual recurring revenue of over Rs 3 crore. Currently focused on Bhojpuri micro-dramas, MiniPix plans to expand into five additional regional languages over the next two years. The company is also exploring selective use of AI-led tools to improve efficiency across content production and platform operations, while targeting ₹6 crore in annual recurring revenue by March 2026 as part of its growth roadmap.

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