🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
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Shark Tank India 4: Controversy erupts as sharks clash over social media platform founders’ pitch

Money ControlMoney Control · 6m ago
Shark Tank India 4: Controversy erupts as sharks clash over social media platform founders’ pitch
Medial

On Shark Tank India Season 4, Medial, a social media platform for startups, faced harsh criticism from the Sharks. Founders Aishwarya, Harsh, Niket, and Prateek sought ₹50 lakhs for 1% equity. Kunal Bahl labeled Medial a 'feature factory' lacking clear product positioning, while Anupam Mittal accused them of lacking vision and seeking funding solely for marketing. Despite the backlash, Ritesh Agarwal offered ₹50 lakhs for 2.5% equity, contingent on pivoting to a Startup Showcase App, which they accepted. Anupam questioned the investment's legitimacy, sparking a heated argument with Ritesh, highlighting the Sharks' contrasting views on Medial's potential.

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

EntrackrEntrackr · 9m 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.

Professional social media platform Medial raises $120K led by FirstCheque VC, angels

IndianStartupNewsIndianStartupNews · 1y ago
Professional social media platform Medial raises $120K led by FirstCheque VC, angels
Medial

Medial, a professional social media platform, has raised $120,000 in a pre-seed funding round led by FirstCheque VC. The round also saw participation from angel investors from Bengaluru, Mumbai, and the US. Medial aims to be a content and community-driven hub, offering startup news, industry updates, and professional advice in a straightforward manner. The funds raised will be used for product development, user acquisition, and testing core app features. Medial differentiates itself by offering both real identity and anonymous features and plans to officially launch by January 2024. MEDIAL TEAM NOTE: Hi guys, thanks for loving Medial. We are launching feed on 19th Jan. It will change the app forever and would make it way more useful and interesting. Stay tuned for crazy updates. Never thought, we'd be announcing our own funding news on our own app after announcing so many other. Cheers!

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