News on Medial

Enerzi raises Rs 16.5 Cr in seed round led by Capital-A

EntrackrEntrackr · 2m ago
Enerzi raises Rs 16.5 Cr in seed round led by Capital-A
Medial

Enerzi raises Rs 16.5 Cr in seed round led by Capital-A Methane-to-hydrogen platform Enerzi has raised Rs 16.5 crore (around $2 million) in a seed round led by Capital-A, with participation from 8x Ventures and angel investors. The proceeds will be used to expand Enerzi’s manufacturing capacity and grow its engineering and plasma science teams. It will also accelerate commercial deployment of its hydrogen and nanocarbon platform in India and international markets. Based in Belagavi, Enerzi is building a methane-to-hydrogen platform using microwave plasma reactors. The system converts methane into clean hydrogen and produces solid carbon nanopowder as a co-product. This strengthens hydrogen economics and creates applications across batteries, composites, and materials engineering. Enerzi develops microwave–plasma systems for clean hydrogen production and engineered carbon materials. It also manufactures industrial microwave-based heating systems for rubber processing, polymer curing, foundry drying, and materials engineering. The company’s work in hardware design, materials science, and process engineering forms the base for its shift into methane plasmolysis. Enerzi is part of Maxcel, an accelerator programme launched by Capital-A and SanchiConnect for hardware and industrial technology startups. The programme received more than 2,000 applications, and Enerzi is among its selected companies.

Related News

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 8m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

Elevate Now raises Rs 18 Cr in seed round led by Physis Capital

EntrackrEntrackr · 12d ago
Elevate Now raises Rs 18 Cr in seed round led by Physis Capital
Medial

Snippets Elevate Now raises Rs 18 Cr in seed round led by Physis Capital Elevate Now, a doctor-led, root-cause-driven clinical weight loss platform, has raised Rs 18 crore in a seed funding round led by Physis Capital along with participation from Inflection Point Ventures and Titan Capital. The Bengaluru-based startup had earlier secured $2 million in a pre-seed funding round from W Health Ventures, Narayana Health, and Swiggy Co-founder Sriharsha Majety. The proceeds will be deployed towards strengthening its technology platform, expanding proprietary clinical research, developing medicinal and nutritional supplements, and building next-generation personalisation systems to improve outcomes at scale, Elevate Now said in a press release. Launched in November 2022 by Suryansh Kumar, Elevate Now is a clinical weight loss company that focuses on pioneering non-surgical, medical weight loss solutions. The startup offers personalized, science-based weight management programmes designed to help individuals achieve their fitness goals in a sustainable and responsible manner. According to Elevate Now, it works on diagnosing underlying drivers for weight gain such as insulin resistance, inflammation and hormonal imbalances, and then delivering personalised treatment under medical supervision rather than generic calorie restriction. The platform operates a fully online, subscription-based model offering programs ranging from 3 to 24 months. Each user is assigned a physician trained in obesity medicine, supported by blood diagnostics, continuous glucose monitoring data and a dedicated health coach. Elevate Now claims to have onboarded over 30,000 paying users to date and users have recorded an average weight loss of approximately 10 kilograms over six months. Between April 2025 and January 2026, it reported average month on month revenue growth of 17%. It competes with the other notable players in this segment such as Healthifyme, Sugarfit, Fittr, amongst others.

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