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Pipeshift, Medusa Beverages bag early-stage funding
VCCircle
ยท
6m ago
Medial
Pipeshift, an AI infrastructure startup, secured $2.5 million in seed funding from Y Combinator and others, aimed at helping engineering teams manage AI tasks efficiently. Medusa Beverages, a craft beer manufacturer, raised Rs 56 crore in a Series A round to expand operations and market presence in India. Founded in 2017, Medusa operates in 7,000 retail outlets across seven states, reporting a gross revenue of Rs 132 crore in FY24.
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Medusa Beverages raises Rs 56 Cr in Series A funding
Entrackr
ยท
6m ago
Medial
Medusa Beverages, a craft and premium beer brand, has raised Rs 56 crore ($6.6 million) in a Series A funding round co-led by Amal N. Parikh and Ashwin Kedia, with participation from Ramesh Damani, Nikhil Garg, Crest Opportunities, and other high-net-worth individuals (HNIs). The proceeds will be used to scale operations and strategically invest in synergistic partnerships across the value chain, Medusa Beverages stated in a press release. Founded in 2017 by Avneet Singh, Medusa Beverages is an Indian beer brand offering high-quality brews with bold flavors. The brand combines distinctive taste profiles with striking aesthetics to create a memorable beer experience. Specializing in a variety of lager beers, it caters to diverse palates, appealing to beer enthusiasts who value both quality and innovation. Medusa claims to have achieved market leadership in Delhiโs crown market within just five years of its product launch. The company aims to strengthen its market presence and continue its trajectory toward becoming a leader in the Indian alco-bev space. Medusa plans to expand operations, build a diverse portfolio of brands, and solidify its presence in key markets. The company is committed to focusing on growth, innovation, and delivering high-quality products to its consumers. The Delhi-based company reports having a presence in Delhi, Punjab, Uttar Pradesh, Chhattisgarh, and Himachal Pradesh. It also operates a brewery in Punjab. It competes with other players in this space, such as Goa Brewing, White Owl, Drink Monday, Bira 91, Amara Breweries, Foo Brew, among others.
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Startup news and updates: Daily roundup (January 24, 2025)
YourStory
ยท
6m ago
Medial
YourStory's latest update highlights various industry developments. The agriculture sector in India is addressing economic and environmental challenges through targeted investments and innovations. Hospitality is seeing significant investment increases, signifying its growing importance. Startups like Mevyl Luxury are emerging, focusing on luxury skincare. Medusa Beverages raised significant funding for expansion. KOGO and MapmyIndia launched an advanced voice assistant for vehicles. ZETWERK is expanding its electronics manufacturing services, and Unstop introduced an upskilling internship program with attractive stipends.
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Funding freeze bites into the early stage businesses
Money Control
ยท
1y ago
Medial
In Q3CY2023, venture capital firms showed a preference for investing in newer startups. Late stage startups, including Unicorns, have been more affected by the funding freeze, while early stage investment activity has remained relatively unaffected. However, the funding winter is now impacting the early stage funding segment as well.
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Early-stage venture funding bounces back but Series A cheques far below the peak
VCCircle
ยท
3m ago
Medial
Early-stage venture capital funding for Indian startups has rebounded, reaching pre-pandemic levels with nearly one startup receiving funding every eight hours in the first three months of the year, according to VCCEdge data. However, Series A funding amounts remain significantly below their peak. Although funding activity surged during 2021-22, current Series A investments have yet to return to those highs, indicating some caution among investors despite the overall improvement in early-stage funding momentum.
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AI infrastructure startup Pipeshift raises $2.5 million from Y Combinator, others
Economic Times
ยท
6m ago
Medial
Pipeshift, an AI infrastructure startup, secured $2.5 million in seed funding from Y Combinator and others to enhance its platform and expand in the US and India. The startup, based in San Francisco and Bengaluru, helps enterprises streamline AI model deployment, reducing engineering time significantly. Pipeshift's platform is designed for open-source AI models and has been adopted by over 30 companies. The funding will also support hiring and market-fit strategies.
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Accel names new partners; Ideaspring hires a Chiratae exec
VCCircle
ยท
3m ago
Medial
Accel promoted Pratik Agarwal and Rachit Parekh to partners, reflecting their contributions and support for early and growth-stage startups like Niyo and Citymall. Agarwal focuses on early-stage investments, while Parekh sits on growth-stage company boards. Meanwhile, Ideaspring Capital hired Kailashnath MS, a former Chiratae Ventures executive, as a partner. Kailashnath, who heads seed investments, previously led funding for AI and tech startups and focuses on healthcare company investments.
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The need for Pre-Seed VC funds in India
Inc42
ยท
1y ago
Medial
The article discusses the significance of pre-seed funding in the Indian startup ecosystem. Pre-seed funding fills the gap between bootstrapping and seeking traditional seed funding. It supports startups in their early stages by providing financial support, attracting talent, and validating their problem statements. Pre-seed investors require a deep understanding of the market and focus specifically on this stage of a startup's journey. They offer tailored support and guidance to early-stage startups, helping them navigate challenges and drive growth. Pre-seed funding benefits both startups and investors, allowing for early entry, influence on startup direction, potential high returns, and long-term relationships with entrepreneurs.
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Last call for pitch submissions at TechCrunch Early Stage 2024!
TechCrunch
ยท
1y ago
Medial
TechCrunch Early Stage 2024 is hosting "So You Think You Can Pitch," where three founders will present their pitch decks for 4 minutes each in front of expert judges. The event aims to provide valuable feedback to refine pitching skills and attract early customers and funding. The submission deadline is March 22, with selected finalists receiving complimentary event tickets. Applicants must have an MVP, and all submissions will be considered for TechCrunch Disrupt Startup Battlefield 200. TechCrunch Early Stage is a one-day event in Boston on April 25, designed to empower early-stage entrepreneurs and offer actionable insights.
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Late-stage startup funding up 3x in April
Economic Times
ยท
1y ago
Medial
Late-stage funding in Indian startups saw a significant increase in April 2024, reaching $545 million compared to $171 million in the same period last year. However, early-stage funding decreased to $120 million from $259 million. Experts believe that the surge in late-stage funding will drive hiring in the startup sector. The growth in funding can be attributed to companies like Meesho and API Holdings raising funds in Series F rounds. Despite the decline in overall funding during the first quarter of 2024, late-stage funding is seen as crucial for expanding market reach and scaling operations.
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Indian tech startup funding slips to $4.8B in H1 2025: Report
YourStory
ยท
1m ago
Medial
Indian tech startups raised $4.8 billion in the first half of 2025, a 25% decrease from the previous year, as reported by Tracxn. All funding stages experienced double-digit declines, with seed-stage funding at $452 million, early-stage at $1.6 billion, and late-stage at $2.7 billion. Only five funding rounds exceeded $100 million. Transportation and Logistics Tech emerged as the leading sector, contributing significantly to the funding pool. Despite the decline, the Indian tech ecosystem remains resilient and mature.
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