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

News on Medial

Related News

Exly raises $6.2 million in latest funding round led by Chiratae Ventures

Economic TimesEconomic Times · 1y ago
Exly raises $6.2 million in latest funding round led by Chiratae Ventures
Medial

Business tools provider for creator economy, Exly, has raised $6.2 million in a funding round led by Chiratae Ventures. The company, formerly known as MyScoot, offers tools to help customers streamline operations and increase productivity. The funding will be used to enhance the product offerings and acquire new customers. Exly provides course builders, appointment schedulers, marketing suites, CRM, and lead capturing conversion tools to business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers. The platform aims to simplify business management for creators and solo-entrepreneurs, allowing them to focus on adding value to their customers.

Y Combinator-backed Exly raises $6.2 Mn led by Chiratae

EntrackrEntrackr · 1y ago
Y Combinator-backed Exly raises $6.2 Mn led by Chiratae
Medial

Business tools provider Exly (formerly MyScoot) has raised $6.2 million in a new round led by Chiratae Ventures. Existing backers Mayfield India and Venture Highway also participated in the round. The proceeds will primarily be used for enhancing its product offerings and customer acquisition. Founded in 2021 by Suyash Sinha, Sidharth Rawat, Akhil Tripathi and Swati Singh, Exly provides business tools to help customers streamline operations and enhance productivity. Its offerings include course builders, appointment scheduler, marketing suite, along with customer relationship management (CRM), and lead capturing conversion tools for creators and solo-entrepreneurs. Exly claims to have been used by over 10,000 customers to date. It targets business coaches, fitness professionals, astrologers, dance choreographers, and digital marketers as customers. The startup had earlier raised $1.8 million in seed funding round and was a part of the Y Combinator’s winter 2019 batch.

Exclusive: Agrostar raises fresh funds from existing investors

EntrackrEntrackr · 3m ago
Exclusive: Agrostar raises fresh funds from existing investors
Medial

Exclusive: Agrostar raises fresh funds from existing investors Agritech startup Agrostar has raised Rs 57.65 crore in a fresh round from existing investors. This is the first round of investment for the Accel-backed company this year. Agritech startup Agrostar has raised Rs 57.65 crore or $6.7 million in a fresh round from existing investors. This is the first round of investment for the Accel-backed company this year. The board at Agrostar has passed a special resolution to issue 1,45,397 compulsory convertible preference shares at an issue price of Rs 3,965 each to raise Rs 57.65 crore, its regulatory filing accessed from the Registrar of Companies shows. Existing investors Accel India, Evolvence, Chiratae Ventures, Hero Enterprises, Bertelsmann, and Aavishkaar India participated during the round. According to Entrackr’s estimates, the company has been valued at around $293 million post-allotment. Agrostar operates as a comprehensive platform catering to farmers, offering both online and offline channels for farm advisory solutions and agricultural inputs. Agrostar generates revenue from the sale of agri inputs. Agrostar has raised over $110 million to date, including $70 million Series D led by Schroders. According to the startup data intelligence platform TheKredible, before this round, Chiratae Ventures was the largest external stakeholder, followed by Aavishkaar Capital, Accel, and Bertelsmann. The company last filed its financial statements in FY22, where it recorded 88.4% year-on-year growth to Rs 260 with the loss of Rs 142 crore in the same period. It competes with Ninjacart, DeHaat, and Waycool. 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.

FanTV raises $3 Mn to transform AI-powered content creation

EntrackrEntrackr · 4m ago
FanTV raises $3 Mn to transform AI-powered content creation
Medial

FanTV, a content platform on the Sui blockchain, has secured an additional $3 million in strategic investment from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. Prior to this, the company had raised $5.5 million from Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures. Founded in 2023 by Prashan Agarwal, FanTV blends AI and blockchain technology to empower content creation. It operates on the Sui blockchain and has attracted over 8 million users, including 80,000 creators, with more than 30 million transactions and 1.2 million hours of AI-generated content processed each month. According to FanTV, creators produce music, videos, podcasts, web series, and vlogs using cutting-edge AI tools. The platform supports both emerging talent and established influencers, featuring creators like TrevinVSNFT, Sui’s top content creator, Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel, and rising digital voices like MrBreadSmith. Beyond making content creation effortless, FanTV is redefining how creators monetize their work. Through AI-powered tools, digital tipping, and personalized Creator Coins, it allows users to support their favorite creators while giving creators direct ownership of their content. FanTV’s economic model combines paid AI-powered content creation features with engagement rewards, allowing users to purchase credits for premium AI tools, tip and gift creators, and even launch their own digital tokens to offer exclusive content and foster deeper community engagement. FanTV plans to develop advanced AI tools for creators, expand its global creator network, and enhance user growth strategies. The platform’s unique approach to merging AI with blockchain capabilities ensures a decentralized ecosystem that prioritizes creator ownership, fair value distribution, and new opportunities for digital creators worldwide.

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