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

News on Medial

Mistry Ventures leads $4.5 Mn round in KisanKonnect

EntrackrEntrackr · 1y ago
Mistry Ventures leads $4.5 Mn round in KisanKonnect
Medial

Direct-to-consumer (D2C) brand KisanKonnect has raised $4.5 million in a Series A funding round led by Mistry Ventures. The round also saw participation from Times Group’s Brand Capital, Bollywood actress Shilpa Shetty, VC-Grid, Vishwang Desai, and prominent family offices. The Ahmednagar-based company had previously raised $3.7 million in a pre-Series A funding round led by Green Frontier Capital. The proceeds will be used to strengthen its tech infrastructure, scale operations, expand its presence in key urban markets, and enable the use of AI in farm sourcing and the supply chain to enhance efficiency and effectiveness, KisanKonnect said in a press release. Co-founded in 2020 by Vivek Nirmal and Nidhi Nirmal, KisanKonnect is a farmer producer company with an integrated farming system that delivers fresh, hygienic fruits and vegetables sourced locally from over 500 farms, directly to customers' doorsteps at fair prices. Since its inception in 2020, KisanKonnect claims to have empowered traditional agricultural trade by establishing a robust, tech-enabled supply chain for its vertically integrated business. The company has built a network of over 5,000 farmers, promoting sustainable farming practices and regenerative agriculture methods. Its fresh produce, including fruits, vegetables, and dairy, is distributed through a mobile app and a growing network of ‘KisanKonnect Farm Stores’ across Mumbai and Pune. In addition to fresh produce, KisanKonnect’s premium dairy products, made from antibiotic-free and hormone-free milk sourced directly from dairy farmers, are gaining popularity. The company’s emphasis on quality and transparency ensures it stands out in the competitive fresh-commerce landscape. KisanKonnect initially started with a 48-hour delivery model four years ago and currently delivers within 4-6 hours across Mumbai and Pune. The startup has recently launched a pilot for 30-minute delivery, which has been highly appreciated by consumers. This capability positions KisanKonnect as a major player in the fast-growing quick-commerce space, enabling it to reach a broader consumer base while empowering farmers to actively participate in this growth.

8

Related News

KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group

EntrackrEntrackr · 4m ago
KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group
Medial

KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group Farm-to-fork company KisanKonnect has raised Rs 72 crore (around $8 million) in a pre-Series B funding round led by Bajaj Finserv Group, with participation from Mistry Ventures, Desai Foods, Dhanuka Agritech, and Action Tessa Family Office. In May, KisanKonnect raised $4.5 million in a Series A funding round led by Mistry Ventures. The fresh proceeds will be used to scale its fresh produce supply chain intelligence and omni-channel D2C model. Co-founded in 2020 by Vivek and Nidhi Nirmal, KisanKonnect sources directly from farmers and delivers to over 1 lakh customers in Mumbai and Pune through its app and farm stores. It works closely with farmer communities to grow food sustainably while leveraging proprietary technology to deliver fresh vegetables and fruits. Vivek Nirmal, co-founder, said, “We have built proprietary tech tools and strong farmer partnerships that transform perishables logistics into a predictable, scalable, and consumer-friendly model. This fundraise will help us expand our technology stack, deepen our farmer network, and scale both our digital and offline presence.” KisanKonnect has developed supply chain intelligence tools covering IoT and RFID-based traceability, AI-driven demand forecasting, a farmer advisory app, and real-time dashboards, allowing it to handle over 650 SKUs of temperature-sensitive produce while reducing wastage. Its digital app caters to younger customers with 60-minute delivery across Mumbai and Pune, while KisanKonnect Farm Stores serve those who prefer to shop offline.

Blume Ventures leads $3.4 Mn round in Zoplar

EntrackrEntrackr · 1y ago
Blume Ventures leads $3.4 Mn round in Zoplar
Medial

Blume Ventures leads $3.4 Mn round in Zoplar In total, Bengaluru-based Zoplar has raised $5.1 million in funding, with contributions from Titan Capital, Stride Ventures, and Panthera Peak. Zoplar, a platform dedicated to enhancing the medical equipment procurement process for small and medium-sized hospitals, has raised $3.4 million in a Series A funding round led by Blume Ventures. The round also saw participation from Beenext, Saison Capital, Atrium Angels, Finfirst, and LogX. In total, the company has raised $5.1 million in funding, with contributions from Titan Capital, Stride Ventures, and Panthera Peak. The proceeds will be utilized to strengthen its operational capabilities by focusing on backward integration in the supply chain and developing a robust service engineering team, Zoplar said in a press release. Co-founded in 2022 by Amit Sah and Umesh Sharma, Zoplar crafts a full-stack medical equipment platform and addresses significant pain points MSME hospitals face, including the complexities of identifying price-optimal products, managing multiple vendor relationships, ensuring high-quality after-sales service, and accessing financing solutions. Since its inception, Zoplar claims that it has gained significant momentum in the market, partnering with approximately 300 hospitals, including prominent nephrology chains such as DCDC. The Gurugram-based company boasts a 40% rate of repeat customers, underscoring the demand for quality medical equipment in the sector.

Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round

EntrackrEntrackr · 4d ago
Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round
Medial

Fashion quick commerce startup ZILO has raised $15.3 million (Rs 140 crore) in a Series A funding round led by Peak XV Partners, which invested $8 million. Existing investors InfoEdge Ventures and Chiratae Ventures participated with $2.5 million each. The round also saw participation from Alteria Capital and Stride Ventures, along with angel investors including Lalit Keshre of Groww, Kunal Shah of CRED, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar. Earlier in June last year, ZILO had secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The proceeds will be used to scale operations, invest in technology, expand to new markets, and strengthen its supply chain. It currently operates in Mumbai and plans to expand to additional cities over the next 12–14 months. Co-founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, ZILO operates a fashion quick commerce platform offering apparel delivery within 60 minutes. The brand works with more than 200 brands and offers features such as home trials and instant returns. It follows a vertically integrated model combining dark stores and brand outlets to manage inventory and delivery timelines. Recently, Mumbai-based quick commerce fashion platform KNOT raised $5 million in a new funding round led by 12 Flags. ZILO also competes with Slikk and Myntra, which has expanded its quick fashion delivery offering to additional cities.

Zivy raises $1.2 Mn in pre seed round

EntrackrEntrackr · 1y ago
Zivy raises $1.2 Mn in pre seed round
Medial

Zivy, an AI tool for prioritizing workplace messages and tasks, has raised $1.2 million in a pre-seed funding round co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures. The round also saw participation from angel investors such as Ashwin Bhatnagar, Anand Balaji, Razorpay co-founder Harshil Mathur & Shashank Kumar and Kunal Shah. The proceeds will be allocated towards its product development and expanding its R&D team, Zivy said in a press release. Co-founded in 2023 by Prashanth YV and Vivek Karna, Zivy aims to build a personalized copilot for managers and leads, that helps them stay organized and manage their work more effectively. The platform weeds out the hassles of constant barrage of notifications that can be a significant drain on productivity. It envisions that the key to building high-performing teams lies in making managers more productive. According to Zivy, its initial release integrates directly with Slack, analyzing the context of conversations and tasks. It ensures that only the most urgent and relevant information rises to the top, helping managers stay focused and productive by intelligently categorizing and prioritizing messages.

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