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

News on Medial

Evolve Snacks Takes Next Leap in Snack Innovation in collaboration with Gruhas Gusto - A 6-month accelerator program by Gruhas, Jubilant Bhartia Family Office, Sabre Ventures (DLF Family Office), and

VCCircleVCCircle · 1y ago
Evolve Snacks Takes Next Leap in Snack Innovation in collaboration with Gruhas Gusto - A 6-month accelerator program by Gruhas, Jubilant Bhartia Family Office, Sabre Ventures (DLF Family Office), and
Medial

Evolve Snacks, a brand focused on providing healthier snack alternatives, has joined Gruhas Gusto, a 6-month accelerator program dedicated to promoting healthy living. Evolve Snacks aims to offer nutritious and delicious snacks that do not compromise on taste or affordability. Their range of products includes beetroot bhutia, oats chips/bhujia, rajma chips, and baked bhakarwadi. Through collaborations like joining Gruhas Gusto, Evolve Snacks intends to expand their reach and impact in the health-conscious community. Their mission is to create convenient, guilt-free snack options that contribute to overall well-being.

1

Related News

These Gruhas Gusto startups are aiding the standard millennial’s choice in exercising healthier snacking habits

VCCircleVCCircle · 1y ago
These Gruhas Gusto startups are aiding the standard millennial’s choice in exercising healthier snacking habits
Medial

Startups under the Gruhas Gusto accelerator program are catering to the growing demand for healthier snacking options among millennials in India. A recent report suggests that snacking has become a regular part of daily routines for 76% of Indians, and 43% of Indian millennials have switched to healthier snacking choices. The Gruhas Gusto accelerator program, launched by Gruhas, Jubilant Bhartia Family Office, Sabre Ventures, and Anthill Ventures, aims to support entrepreneurs offering affordable, nutritious snacks infused with authentic Indian flavors. The selected startups include Evolve Snacks, Hemptyful, The Fresh Press, and Grabenord, providing a range of guilt-free snacks and plant-based alternatives.

Transforming Real Estate: India’s leading proptech program successfully concludes Cohort II with speed scaling 5 incredible startups

VCCircleVCCircle · 1y ago
Transforming Real Estate: India’s leading proptech program successfully concludes Cohort II with speed scaling 5 incredible startups
Medial

Gruhas Aspire, a leading proptech program in India, has successfully concluded its second cohort. The program, launched by Gruhas, DLF Family Office, and Anthill Ventures, focused on driving innovation and sustainability in the proptech industry. Five startups were selected to participate in the accelerator program, undergoing mentorship, refining their business models, and showcasing their solutions. The startups included Earthfokus, Breathe ESG, Ambiator, Slice, and ZeroTouch, which offered innovative solutions in areas such as water management, sustainability, and affordable smart toilets. The program aims to support the growth and success of these startups through ongoing mentorship and networking opportunities.

Social network app Currently raises $1 Mn led by Aarvi Family Office

EntrackrEntrackr · 3m ago
Social network app Currently raises $1 Mn led by Aarvi Family Office
Medial

Social network app Currently raises $1 Mn led by Aarvi Family Office Currently is a real-time moment sharing app that helps people discover what others are doing right now, fostering genuine connections, conversations, and local interactions. Social network app Currently has raised $1 million in a funding round led by Aarvi Family Office LLP along with participation from LJ Knowledge Foundation, Dhruv Patel, Pratik Patel, Neerav Dad, Arpit Patel, Priyank Parmar, and other investors and family offices. The fresh funds will be used to introduce new real-time features, upgrade tech, expand engineering and design teams, and grow city-based communities and brand partnerships, Currently said in a press release. Launched in 2023 by Mitesh Shethwala, Currently is a real-time moment sharing app that helps people discover what others are doing right now, fostering genuine connections, conversations, and local interactions. It focuses on authenticity and spontaneity, redefining how people connect and share their lives. With features such as Live Map, Authentic Status Sharing, and Business Check Ins, the platform aims to evolve into India’s first real-time people network, a digital layer that reconnects people in the physical world and celebrates being present. "Social media was supposed to make us social in the real world — but today, it’s more about entertainment and ads. Currently brings back authenticity by showing what people are doing right now, not what algorithms decide. We are not replacing anything — we are rebuilding what social media was meant to be,” said Mitesh Shethwala, founder of Currently.

ParkMate raises $1.2 Mn led by Cactus Partners

EntrackrEntrackr · 1y ago
ParkMate raises $1.2 Mn led by Cactus Partners
Medial

Car parking solutions provider ParkMate has raised $1.2 million in a new round led by early growth-stage venture fund Cactus Partners. Existing backers such as Venture Catalysts and the Marwah Group Family Office have also participated in the round. According to ParkMate, the funds will be used to ramp up its growth trajectory, invest in its team to win business, streamline its operations, and continue to innovate new solutions. Founded by Dhananjaya Bharadwaj, ParkMate offers smart parking solutions to shopping malls, office complexes, and Hotels in the corporate segment and to parking contractors for government parking spaces. The firm’s exclusive DaSH (Drop & Shop) service claims parking within 2 minutes for car owners at shopping malls, arcades, and business complexes. It counts as DLF, Phoenix Mills, Fun Republic, the UP, and Telangana Governments. Smart cities are another sizeable market for ParkMate. It directly competes with Park+, Get My Parking, Park Smart, and Parky, among others. Park+ is the largest player in this segment. In June, the company ventured into the on-demand driver services segment with Drive+, positioning it as a potential competitor to DriveU, Drivers4Me, Driverzz, PickMyCar, Namma Driver, and Cars24. This marks the eighth investment by Cactus Partners since January 2021. The firm has invested in companies such as Lohum Cleantech, Kapture CX, Vitraya Technologies, AMPM Fashions, Auric, Indigrid Technology, and Rubix Data Sciences (exited).

Cactus Partners leads $1.2 Mn round in ParkMate

EntrackrEntrackr · 1y ago
Cactus Partners leads $1.2 Mn round in ParkMate
Medial

Parking management platform ParkMate has raised $1.2 million in a funding round led by Cactus Partners, along with participation from existing investors like Venture Catalysts and the Marwah Group Family Office. The Noida-based company had previously raised $1.2 million from its existing investors. The proceeds will be used to expand its operations, boost the business development team, and accelerate innovation in cutting-edge parking solutions, ParkMate said in a press release. Co-founded in 2021 by Abhimanyu Singh and Dhananjaya Bharadwaj, ParkMate is a parking management solution designed to simplify the process of finding, reserving, and paying for parking spaces. It is often available as a mobile app or platform, providing users with real-time updates on parking availability in specific areas. According to ParkMate, it provides features such as GPS integration, cashless payments, and advanced parking and aims to reduce the hassle of parking in crowded urban environments. Additionally, it offers other services such as reminders for parking durations, secure access to private parking spaces, and eco-friendly initiatives like guiding users to spots that reduce fuel consumption. ParkMate says that its flagship service, DaSH (Drop & Shop), offers guaranteed parking at any location like shopping malls, office complexes, and entertainment hubs. It serves clients including industry giants such as DLF, Phoenix Malls, Indian Army, Ansals API, Unitech Group, Shalby Group, M3M, alongside strategic partnerships with the Uttar Pradesh and Telangana governments.

TABP Snacks and Beverages raises $3 Mn led by LC Nueva

EntrackrEntrackr · 2m ago
TABP Snacks and Beverages raises $3 Mn led by LC Nueva
Medial

TABP Snacks and Beverages has raised $3 million (Rs 26 crore) in a funding round led by LC Nueva, with participation from Entrust Family Office, Arun Mukherjee, and Soumya Malani. The proceeds will be used to expand distribution across south and east India, add new beverage formats, and scale manufacturing capacity. Founded in 2018 by Prabhu Gandhikumar and Brindha Vijayakumar, TABP manufactures packaged value beverages for mass-market consumers. The company converts popular local street drinks into affordable packaged products targeted at lower and middle-income households. TABP claims to have recorded Rs 212 crore in revenue in FY24–25, up from Rs 4 crore in FY19, and plans to reach Rs 800 crore in revenue over the next three years. The firm produces packaged alternatives to regionally consumed street beverages, aiming to formalise unbranded consumption with consistent pricing and distribution. TABP competes with Paper Boat, Rasna, Dabur’s beverage portfolio, Coca-Cola’s value SKUs, PepsiCo’s value SKUs, and multiple regional beverage players that operate in the low-price mass segment.

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