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Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart

EntrackrEntrackr · 24d ago
Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart
Medial

url: https://entrackr.com/snippets/microdrama-platform-minipix-raises-rs-24-cr-led-by-pedalstart-10980902. Content: Microdrama platform MiniPix raises Rs 2.4 Cr led by PedalStart. The round also saw participation from Venture Catalysts and angel investors Sandip Gupta and Rajdip Gupta, founders of Route Mobile, through SanRaj Family Ventures Pvt. Ltd. Bengaluru-based MiniPix, a mobile-first entertainment platform focused on short-form regional micro-dramas for Bharat audiences, has raised Rs 2.4 crore in a pre-seed funding round led by startup accelerator PedalStart. The funds will be used to strengthen product-market fit, scale high-quality regional content creation, and build a core execution-focused team. Founded in June 2025, MiniPix is building a premium platform centred on short, vertical micro-dramas designed for audiences in tier-II and tier-III India. The startup operates in the fast-growing short-form digital entertainment space. According to Redseer Strategy Consultants, India’s micro-drama and interactive content formats are expected to grow at a 50–70% CAGR, driven by rising smartphone penetration, low data costs, and increasing preference for regional-language content. Within six months of launch, the platform has crossed 100,000 app downloads, onboarded over 20,000 paying subscribers, and recorded more than 3 million episode views, translating into over 35,000 hours of content streamed. According to the company, it has achieved an annual recurring revenue of over Rs 3 crore. Currently focused on Bhojpuri micro-dramas, MiniPix plans to expand into five additional regional languages over the next two years. The company is also exploring selective use of AI-led tools to improve efficiency across content production and platform operations, while targeting ₹6 crore in annual recurring revenue by March 2026 as part of its growth roadmap.

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IAN Group backs Chargeup in Rs 22 Cr funding round

EntrackrEntrackr · 10d ago
IAN Group backs Chargeup in Rs 22 Cr funding round
Medial

IAN Group backs Chargeup in Rs 22 Cr funding round EV-focused mobility startup Chargeup has raised Rs 22 crore ($2.4 million) in a funding round backed by IAN Group, along with Cap-A and existing investors. The new round came after a gap of four years. This is the third funding round for the Delhi-based startup. In November 2022, the firm had raised $7 million in a pre-Series A1 round led by Capital-A and Anicut Capital. In the same year, it raised $2.3 million in its pre-Series A round led by Capital-A and co-led by Anicut Capital. The proceeds will be used to expand into high-demand EV markets, strengthen its technology platform for drivers and lenders, and scale operations across regions with rising electric three-wheeler adoption. Founded in 2019 by Varun Goenka and Satish Mittal, Chargeup is building a driver-first EV technology platform focused on last-mile drivers. The platform addresses challenges such as high financing costs, battery-related downtime, and income loss, which significantly impact earnings for EV three-wheeler drivers. Chargeup integrates IoT and data-led tools to reduce lending risk for NBFCs while improving earning stability, vehicle utilization, and resale value for drivers. The platform connects drivers, OEMs, dealers, and lenders within a single system. The startup has onboarded over 10,000 EV drivers and plans to add another 20,000 drivers by FY27. It operates in a market estimated at $12 billion, driven by increasing adoption of electric three-wheelers across logistics and passenger mobility.

WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital

EntrackrEntrackr · 1m ago
WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital
Medial

WorkIndia raises Rs 97 Cr in Series B led by Aavishkaar Capital Blue and grey-collar job portal WorkIndia has raised Rs 97 crore (about $10.8 million) in a Series B funding round led by Aavishkaar Capital. Existing investor BEENEXT Capital participated with a Rs 22 crore contribution, while Aavishkaar Capital invested Rs 75 crore in the round. This is the first funding for the company in nearly 3 years since it raised $12 million in January 2023, led by SBI Holdings, Nintendo founding family and others. The proceeds will be used to strengthen WorkIndia’s technology platform, improve its employer-candidate matching systems, and expand operations into high-demand regions. The company said it also plans to invest in product innovation to support both job seekers and businesses seeking workforce solutions. Co-founded by Kunal Patil, Nilesh Dungarwal, and Moiz Arsiwala, WorkIndia is a job platform focused on blue- and grey-collar workers, offering opportunities across 50 categories including tele-calling, field sales, delivery roles, and more. According to startup data platform TheKredible, WorkIndia has raised around $30 million to date from investors such as BEENEXT, Xiaomi, SBI Holdings, Insitor, and others. BEENEXT is the largest external shareholder, holding an 11.31% stake before this round, followed by Xiaomi at 7.3%. The co-founders collectively hold a 32.1% stake in the company. For the fiscal year ended March 2025, WorkIndia posted a 25% year-on-year increase in operating revenue to Rs 78.7 crore, while narrowing its losses by 25% to Rs 23.06 crore.

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