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Medial raises $500K in pre-Series A led by OG Capital

EntrackrEntrackr · 6m ago
Medial raises $500K in pre-Series A led by OG Capital
Medial

Professional social media platform Medial has raised $500K in a funding round led by Ortella Global Capital (OG Capital), a fund established by Rajvardhan Mohite and former IFC executive Sayan Ghosh. Medial is one of the few startups to have raised two funding rounds in 2024. The Bengaluru-based firm secured $120K in January during its pre-seed round, which was led by FirstCheque VC. The fresh proceeds will be used to create an integrated professional ecosystem focused on meaningful connections, career growth, and relevant content for the startup and tech community globally, Medial said in a press release. Founded and led by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, Medial is a content and community-driven platform with a vibrant community across diverse domains such as tech, product, and UI/UX. It serves as a hub of startup news, industry updates, banters, and advice in a non-clickbaity fashion to add value for its community, and enable transparent and inclusive workplace conversations. Medial started as an integrated platform for professionals in the startup sector and plans to grow into a job board and company profile with worldwide relevance. According to the company, the app is creating a community for product managers, UI/UX designers, product analysts, venture capitalists, business analysts, and aspiring entrepreneurs. It claims to have a community of 100,000 entrepreneurs, startup enthusiasts, techies, and investors and over 10,000 daily Active Users within a few months of its alpha launch. Medial is a professional network that incorporates real identities, similar to LinkedIn and GitHub, while also offering an anonymous feature as an additional layer to enhance the platform. It competes, directly or indirectly, with Grapevine, Hood (formerly Zorro), and, to some extent, with FishBowl, Blind, and Reddit.

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Guestara raises $500K in pre-Seed funding round

EntrackrEntrackr · 6m ago
Guestara raises $500K in pre-Seed funding round
Medial

Guestara raises $500K in pre-seed funding round Guest management platform Guestara has secured $500K in a pre-seed funding round led by Sanjay Ghare. The proceeds will be utilized to develop cutting-edge AI-driven solutions that streamline operations, boost guest satisfaction, and uncover new revenue opportunities for hotels worldwide, Guestara said in a press release. Co-founded in 2024 by Akshay Dekate, Kajal Makhija, Neelaksh Gupta, and Rajat Maheshwari, Guestara offers an AI-enabled guest management platform that centralizes and automates key hospitality functions. The company’s solutions span unified inboxes, contactless mobile check-in, omnichannel guest engagement, personalized upselling, and smart checkout – all designed to integrate seamlessly with leading Property Management Systems (PMS). Guestara transforms guest management into a centralized, intelligent workflow and aims to empower hotels, resorts, and vacation rentals. It harnesses AI to help hotels elevate the guest experience, boosting operational efficiency and enhancing guest loyalty. The company aspires to onboard 2 million rooms globally and transform the sector into a data-driven, people-focused industry. The Gurugram-based startup claims to have already onboarded hotels and short-term rentals as beta clients, with over 2,000 rooms collectively, including three global hotel chains. These clients have reported a 20% increase in operational efficiency, a 35% rise in guest satisfaction, and a 57% boost in incremental revenue. Guestara plans to expand its reach and targets a diverse range of hotel partners, from boutique independents to multinational chains. By doing so, the company aims to set a new standard in guest management, blending technology with genuine hospitality to deliver truly exceptional stays.

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