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

News on Medial

LUZO raises $550K in seed round led by Enrission India Capital

EntrackrEntrackr · 2m ago
LUZO raises $550K in seed round led by Enrission India Capital
Medial

LUZO, a digital marketplace for salons, spas, and wellness clinics, has raised $550K in a seed funding round led by Enrission India Capital Inc., with participation from Swiggy Dineout and Orra founders. The proceeds will be used to strengthen LUZO’s technology infrastructure, expand its partner network in tier-I cities, and enhance brand visibility. The firm is focused on building a seamless digital-first experience for users seeking high-quality wellness services. Founded by Anurav Dave, Nikhil Kalwani, and Maan Jetley, LUZO connects consumers with curated beauty and wellness services through a tech-enabled platform. Anurav Dave, co-founder of LUZO, added, “Our goal is to make luxury wellness services more accessible and frictionless for users. This investment will accelerate our efforts to scale and refine the platform.”

1

Related News

Jobizo raises $1.4 Mn led by Alkemi Growth Capital

EntrackrEntrackr · 4m ago
Jobizo raises $1.4 Mn led by Alkemi Growth Capital
Medial

Jobizo raises $1.4 Mn led by Alkemi Growth Capital Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims to complete 10 million job hours over time. Co-founded by Naveen Trehan and Avishek Agarwal, Jobizo is an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. By using its expanding investor network and market expertise, Jobizo aims to create a welcoming environment for the workforce and tackle skill gap issues. Post seed round, Jobizo's growth claims to have grown over 500%, facilitated over 20,000 jobs in India and international countries, and helped fill over 10 million job hours.

Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round

EntrackrEntrackr · 16d ago
Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round
Medial

Biomanufacturing startup Loopworm raises $3.25 Mn in pre-Series A round Co-founded in 2019 by Ankit Alok Bagaria and Abhi Gawri, Loopworm is a biomanufacturing startup focused on sustainable protein production using farmed insects. Loopworm, a biomanufacturing company developing insect-derived proteins, has raised $3.25 million in a pre-Series A funding round. The round was co-led by WaterBridge Ventures, an existing investor, and ENRISSION INDIA CAPITAL, a Japanese venture capital firm. The Bengaluru-based company had previously raised $3.4 million in a seed funding round led by Omnivore and others. The proceeds will be allocated towards commercializing its recombinant protein production platform, targeting diagnostics, animal vaccines, and other applications with lower regulatory barriers, Loopworm said in a press release. Loopworm focuses on sustainable protein production using farmed insects. The company has commercialized insect-derived proteins and fats for aquaculture and pet nutrition and is now developing a novel reactor-free recombinant protein production platform using silkworms. Loopworm says it has developed a new approach to producing recombinant proteins—typically created by inserting genes into host organisms like yeast or bacteria to produce proteins of medical or industrial value. Its proprietary process bypasses this entirely by using silkworms as living factories to produce complex proteins, enabling faster, more cost-effective, and sustainable production. The company currently operates a state-of-the-art, 6,000-tonne-per-year insect processing facility in Bengaluru. It exports protein and oil from silkworms and other farmed insects to Europe, South America, and ASEAN countries for use in the aquaculture and pet food industries.

Travel tech company Rimigo raises $550K in pre-seed round

EntrackrEntrackr · 2m ago
Travel tech company Rimigo raises $550K in pre-seed round
Medial

Travel-tech company Rimigo raises $550K in pre-seed round Travel-tech company Rimigo has secured $550,000 in a pre-seed funding round co-led by Japan-based Reazon Capital and SGgrow Capital. The round also witnessed participation from Indian angel investors such as S Ramadorai, Ravi Nigam, Shashank Deshpande, and Ujjwal Jain. The proceeds will be used to fuel product development, hire talent, and expand its team of travel and technology experts, Rimigo said in a press release. Co-founded in 2014 by Sahil Sharma, Shubham Chintalwar, and Aditya Shirole, Rimigo aims to simplify international travel with integrated collaborative tools, AI-driven personalisation, and curated travel insights. The platform offers an AI-driven end-to-end vacation planning solution, where users simply specify their destination and vacation preferences, and the platform generates detailed itineraries, flight recommendations, curated accommodation, dining, and activity options. According to the Bengaluru-based company, it addresses key challenges travellers face such as complex processes, information overload, limited personalisation, and local expertise. Rimigo says that it will combine collaborative tools with AI-powered guidance and curated booking options to make international travel more accessible and enjoyable. With advances in AI, it plans to create a unique opportunity for personalised vacation planning experience. Rimigo claims that it has already organised over 120 vacations in a beta phase and around 50 of these trips have been completed, with many users planning their next vacations with them or referring their friends. The remaining 70 trips are still in the planning stage.

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