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

News on Medial

Metadome.ai raises $6.5 Mn led by Siana Capital and Chiratae

EntrackrEntrackr · 1y ago
Metadome.ai raises $6.5 Mn led by Siana Capital and Chiratae
Medial

Extended reality (XR) startup Metadome.ai (formerly Adloid) has raised $6.5 million in Series A funding in an equity and debt round led by Siana Capita and existing investor Chiratae Ventures. New investors Alteria Capital, 3to-1 Capital, and Manish Choksi’s family office also joined the new round. The company plans to use the investment to expand its business to new regions and develop capabilities to provide advanced XR technologies merged with advancements in AI, Metadome.ai said in a press release. With this backing, Metadome.ai aims to strengthen its presence in the US, SE Asia, and the Middle East regions. In December 2021, the Gurugram-based startup raised $4 million in its pre-Series A round led by Chiratae. Founded in 2016 by Kanav Singla and Shorya Mahajan, Metadome specializes in sales enablement using virtual reality (VR) and augmented reality (AR) solutions in home decor, e-commerce, and mobility. It works with Hewlett Packard (HP), Tata Motors, Hero MotoCorp, Asian Paints, and others. Since its inception in 2018, Metadome.ai has been growing organically and its customer base has more than doubled since last year, said the firm in the release. Recently, Metadome partnered with Hippo Homes to introduce a virtual reality experience at its new store in Greater Noida where customers can explore home improvement solutions. According to Statista, the XR industry has been managing significant interest from investors globally. As per the report, the space attracted an investment of $1.9 billion, outlining the importance of 3D, AR, and VR in improving the customer buying and post-sales cycle. The company is also part of NVIDIA’s Inception and Google Startup programs. SmartVizX, Liminal, Embright Infotech, Scapic, and GMetri are some of the emerging companies from the extended reality space in India.

4

Related News

RevOps startup Clientell raises $2.5 Mn in seed round

EntrackrEntrackr · 1y ago
RevOps startup Clientell raises $2.5 Mn in seed round
Medial

RevOps startup Clientell has raised $2.5 million in its seed round led by Blume Ventures. The round also saw participation from Chiratae Ventures, Artha Venture Fund and Silicon Valley-based Z5 Capital. Earlier to this round, the startup had raised $600,000 from Chiratae Ventures’ sonic cohort at the end of 2021, co-led by Artha Venture fund. The fresh proceeds will be used to strengthen its product and expand the team, the company said in a press release. Founded in 2021 by Saahil Dhaka and Neil Sarkar, Clientell helps businesses improve revenue generation efficiency by introducing AI copilots to boost their go-to-market (GTM) execution and optimize pipeline governance and forecasting. The Bengaluru-based startup deploys custom forecasting processes and ML models for each customer rather than using a one-size-fits-all approach. With its AI copilot, Clientell claims to have enabled its users, primarily chief revenue officers and Go-to-market leaders, to boost GTM execution and optimize pipeline governance and forecasting. Currently, the startup is working with initial design partners and early adopters spanning growth-stage SaaS companies and large pharmaceutical companies.

Fintech startup Mili raises $2 Mn led by Chiratae and BoldCap

EntrackrEntrackr · 7m ago
Fintech startup Mili raises $2 Mn led by Chiratae and BoldCap
Medial

AI meeting assistant for wealth management firm Mili has raised $2 million in its seed round led by Chiratae and BoldCap with participating investors Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital), and Better Capital. The proceeds will be used to enhance and accelerate Mili's product, including expanding customization capabilities, deepening integrations, ramping up its partnerships, and growing the engineering and customer success teams. Founded in early 2024 and is led by Chirag Gandhi, Mili provides enterprise-grade meeting documentation software that helps wealth management firms streamline their advisory workflows while maintaining the highest standards of compliance and customization. The platform enables financial advisors to focus on client relationships by reducing administrative overhead through secure, real-time AI assistance that works seamlessly with existing systems. According to the company, it has an industry-leading compliance architecture built for enterprise wealth management, with customizable templates and firm-specific rubrics that adapt to each practice's unique needs. Mili has a rapidly expanding integration suite supporting major wealth management platforms, backed by an SOC 2-certified infrastructure with enterprise-grade security.

Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital

EntrackrEntrackr · 23d ago
Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital
Medial

Quick fashion delivery startup KNOT raises $3 Mn led by Kae Capital Mumbai-based quick commerce fashion platform KNOT has raised $3 million in a pre-Series A round led by Kae Capital with participation from Sparrow Capital, Boundless Ventures LLP, and founders of SNITCH, The Souled Store, and Bonkers Corner. Existing investors WEH Ventures, All In Capital, and Kumar Saurabh (Aukera Jewellery) also backed the round. The new funding will fuel product development, expansion beyond Mumbai, and deepen brand partnerships. Founded in 2025 by Archit Nanda and Rachit Bansal, KNOT is reimagining online fashion delivery with its 60-minute delivery model and Try ‘n Buy experience in Mumbai. The idea was born after the duo pivoted from their earlier venture Slick, spotting a major gap in how Gen Z and millennials discover and shop for fashion. KNOT currently claims to have partnered with over 70 fashion brands, fulfilling thousands of orders monthly. Its standout features include AI-based virtual try-ons, doorstep trials with instant returns, and influencer-led discovery. In the same space, ZILO secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures, last month. Fashion delivery startup Slikk also secured $10 million in funding. Myntra, which launched rapid apparel delivery in December 2024, has now extended the service to additional cities.

Frinks AI raises $5.4 Mn in pre-Series A round

EntrackrEntrackr · 2m ago
Frinks AI raises $5.4 Mn in pre-Series A round
Medial

Frinks AI, a deep-tech startup focused on visual inspection and quality control in manufacturing, has raised $5.4 million in its pre-Series A funding round led by Prime Venture Partners. Existing investor Chiratae Ventures, along with Navam Capital and Zen Technologies founder Ashok Atluri, also participated. With this round, the total funding raised by the startup stands at $6.25 million. Founded by Aditya Agrawal, Dharmgya Sharma, and Subhra S. Bhattacherjee, Frinks AI builds foundational Vision AI models tailored for industrial use cases. These models enable manufacturers to automate quality checks and reduce defects. The platform is currently deployed across 1,000 production lines in sectors such as automotive, consumer goods, building materials, and medical devices. The proceeds will be used to expand in international markets, with a focus on the U.S., and strengthen R&D efforts. It is also exploring partnerships with automation companies and OEMs to scale its joint go-to-market strategy.

Convin raises $6.5 Mn in Series A round led by India Quotient

EntrackrEntrackr · 11m ago
Convin raises $6.5 Mn in Series A round led by India Quotient
Medial

Conversation intelligence platform Convin has raised $6.5 million in its Series A funding round led by India Quotient, with participation from new investor JSW Ventures and existing investors Kalaari Capital, Titan Capital Winners Fund, Sparrow Capital, and 9Unicorns. The proceeds will be used to expand the core team and distribution channels, Convin said in a press release. Founded in 2021 by Ashish Santhalia, Convin empowers customer facing teams—sales, support, and collections—with AI-based tools to track and analyze agent-customer interactions, driving efficiency and effectiveness. Convin’s platform is segmented into three core product suites: the Real-Time Suite, the Post-Interaction Suite, and the Convin Insights Suite. These suites address critical challenges such as agent inefficiencies, misselling, poor conversion rates, and suboptimal customer experiences across industries including banking, insurance, finance, e-commerce, edtech, retail, hospitality and travel, real estate, healthtech, BPOs, and airlines. The startup claims to have grown 3-folds over the past year, now serving over 80 clients, including major brands like Reliance Nippon, Puravankara, Titan, Thyrocare, and Lazypay. With additional resources, the brand is projecting a 200% increase in new customers and a 3x revenue increase in 2024-25. Early-stage institutional venture capital fund IndiQuotient invests in technology-led startups at seed to Series A stages. Its portfolio companies include ShareChat, Sugar Cosmetics, Giva, Kuku FM, WebEngage, and Vyapar.

Decoding Chiratae Ventures’ Near-Two-Decade-Long Journey Across Indian Startup Ecosystem

Inc42Inc42 · 1y ago
Decoding Chiratae Ventures’ Near-Two-Decade-Long Journey Across Indian Startup Ecosystem
Medial

Chiratae Ventures, an India-focused venture capital firm, has had over 50 successful exits out of its 134 portfolio companies, including three IPOs. The firm currently manages assets under management (AUM) worth $1.2 billion, with an additional INR 4,000 crores in domestic capital. Chiratae Ventures is currently raising its fifth venture fund. Despite the challenges faced by the venture capital industry globally, Chiratae Ventures has remained steady and continues to invest in sectors such as consumer technology, fintech, healthtech, and software-as-a-service (SaaS) among others. Their focus on identifying white spaces and market opportunities has led to successful investments in companies like Flipkart and Lenskart. The firm also emphasizes the importance of being a trusted partner and mentor to their portfolio companies.

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