News on Medial

Experience-tech startup Alive raises Rs 6 Cr from Powerhouse Ventures

EntrackrEntrackr · 4d ago
Experience-tech startup Alive raises Rs 6 Cr from Powerhouse Ventures
Medial

Experience-tech startup Alive has raised Rs 6 crore in funding from Powerhouse Ventures and a group of angel investors and operators. The proceeds will be used to expand across Indian cities, strengthen its technology, and grow its ecosystem of experience creators. Founded in 2025 by Vivek Kumar, a former investor and serial entrepreneur, Alive claims to have grown 90x in less than a year, offering over 125 curated experiences across adventure, food, art, wellness, and culture. Alive is building a full-stack experience platform, using proprietary technology to design, manage, and scale immersive activities. It creates original experiences from vineyard brunches and pottery workshops to chef-led dinners and sky adventures, and operates a tech engine that supports creator onboarding, content management, and discovery automation. The platform also enables chefs, artists, and small businesses to become experienced creators, with some earning up to Rs 5 lakh per month. Alive’s user base mainly comprises young professionals aged 21–38 seeking authentic and engaging activities, mirroring the growing demand for “things to do” across Indian cities. The firm aims to achieve Rs 100 crore ARR by March 2027 and is currently live in Bengaluru and Hyderabad, with Goa set to launch next.

Related News

Holiday Tribe raises Rs 5.4 Cr from Powerhouse Ventures and GSF

EntrackrEntrackr · 1y ago
Holiday Tribe raises Rs 5.4 Cr from Powerhouse Ventures and GSF
Medial

Travel-tech startup Holiday Tribe has raised Rs 5.4 crore in its seed round led by Powerhouse Ventures and GSF with participation from notable investors including Dinesh Agarwal and Dinesh Gulati of India Mart, Murugavel Janakiraman of BharatMatrimony.com and actor Gaurav Kapur. The proceeds will be used to strengthen the brand’s tech capabilities, supply network, and brand-building initiatives. Founded by ex-MakeMyTrip executives Anshu Sharma and Chirag Goyal in 2023, Holiday Tribe offers customizable holiday experiences across destinations, catering to family and friends, couples and honeymooners, adventure-seekers, and those looking to explore newer or unexplored destinations. The Gurugram-based startup claims to have a supply network of more than 100,000 hotels across the globe and partnering with more than 10 tourism boards including Mauritius, Dubai, Switzerland, Qatar, Thailand, Singapore, and Australia. The brand has curated holidays to more than 30 destinations across the world with endless options for customization. According to a FICCI-Nangia knowledge paper, India’s outbound tourism market is expected to reach $18.81 billion in 2024 and grow at a CAGR of 11.4% in the decade between 2024 and 2034 to reach approximately $55.38 billion. Likewise, India’s online travel market is expected to grow at a CAGR of 10.5% between 2024-29, from $17.24 billion to $28.40 billion.

Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others

EntrackrEntrackr · 2m ago
Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others
Medial

Snippets Prop-tech startup WeHouse raises Rs 25 Cr from Anthill Ventures and others The round saw participation from existing backers Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, among others. Gyan Vardhan 11 Sep 2025 Prop-tech startup WeHouse (formerly Hocomoco) has raised Rs 25 crore (around $2.8 million) in a Series A funding round, a mix of debt and equity. The round saw participation from existing backers Anthill Ventures, Suresh Babu Daggubati, Gaurav Marya, Mohnish Yerra, among others. The Hyderabad-based company had earlier raised $1.86 million from Anthill Ventures and other investors. The fresh capital will be used to expand operations to new cities, including Coimbatore, Ahmedabad, Jaipur, Surat, and Chandigarh, by the end of this year, WeHouse said in a press release. Founded in 2017 by Sripad Nandiraj and Rohan Vinayak Reddy, WeHouse is a prop-tech startup that provides tech-led solutions for home construction and reconstruction. It operates as an aggregator platform, bringing together all stakeholders in the construction process—architects, contractors, material suppliers, engineers, and skilled labour. Its services cover the entire construction journey, from approvals and design (architectural and structural) to project execution and interiors. The company also offers a tech-driven monitoring system that provides clients with real-time visibility into their projects. According to market research, India’s residential construction market is projected to reach $373 billion by 2030. At present, WeHouse operates in Chennai, Hyderabad, and Vijayawada. The company claims to have executed more than 400 projects, delivered 250, and currently has an order book worth Rs 150 crore. Its revenue model includes charging customers on a per sq. ft. basis (with commissions varying by city), selling materials to contractors, and providing on-demand interior design services. WeHouse competes with players such as Brick&Bolt, which is active in both residential and commercial construction across cities including Hyderabad and Chennai.

Exclusive: Waterfield Advisors raises Rs 123 Cr at Rs 723 Cr valuation

EntrackrEntrackr · 9m ago
Exclusive: Waterfield Advisors raises Rs 123 Cr at Rs 723 Cr valuation
Medial

Exclusive: Waterfield Advisors raises Rs 123 Cr at Rs 723 Cr valuation Wealth management platform Waterfield Advisors is raising Rs 123 crore (approximately $14.6 million) in a new funding round, led by Jungle Ventures. The company’s board has approved a special resolution to issue 10,92,362 preference shares at an issue price of Rs 1,126 each, raising Rs 123 crore ($14.6 million), according to its regulatory filing accessed from the Registrar of Companies. Jungle Ventures is leading the funding round with an investment of Rs 100 crore. The remaining amount is being contributed by co-founder and CEO Soumya Rajan, along with individual investors, including Bharat Dhirajlal Shah, Vijay Singh, Bandi Vamsikrishna, Corel Traders, Parthasaradhi Reddy, Kekoo Colah, and Smita D Parekh. The company plans to utilize the proceeds for growth, expansion, marketing, and general corporate purposes, as determined by the board. According to Entrackr estimates, Waterfield Advisors will be valued at approximately Rs 723 crore ($86 million) post-allotment. The company is reportedly raising Rs 130 crore in this round. Founded in 2011 by Soumya Rajan, Waterfield Advisors is a fee-based multi-family office and wealth advisory firm, that ensures unbiased financial, investment, and succession planning services. Waterfield advisors had raised over $25 million in funding to date including $6 million from family offices, and ultra-high net worth individuals. According to the startup data intelligence platform TheKredible, Jungle Ventures will be the largest external stakeholder with 13.83%. Its co-founders Soumya Jain along with Sanjay Teli will cumulatively hold 40.07% of the company. Waterfield Advisors has recorded a 33.2% year-on-year increase in its revenue to Rs 45.7 crore in the fiscal year ended March 2024. Moreover, it managed to decrease losses by 9.5% to Rs 28.6 crore in FY24.

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