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News on Medial
Shark Tank Fame Vobble Bags Funding From Lumikai, Others
Inc42
·
1y ago
Medial
Bengaluru-based startup Vobble, a kids' audio content platform, has raised $1m in a seed funding round led by Lumikai. The company plans to use the funds to develop its product and team, increase user retention and improve its net promoter score. Vobble, founded in 2023 by Neha Sharma and Sowmya Jagannath, offers a range of content for children aged four to 12. Its services include a monthly subscription for audio content, as well as a Vobble box including specially designed headphones for kids and activity books.
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Related News
Vobble raises capital to launch AI audio player for kids
Inshorts
·
5m ago
Medial
Audio OTT platform Vobble, which raised $1 million as a part of its seed funding round in March last year, has secured another ₹8.7 crore, closing the round. The investment was led by MIXI Investments, along with participation from existing backers, including Lumikai, Namita Thapar and Sattva Investments among others.
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How Vobble Is Crafting A New Niche In Kids’ Audio Content
Inc42
·
9m ago
Medial
Vobble is a screen-free audio entertainment platform for kids launched by Neha Sharma and Sowmya Jagannath in 2023. The platform offers an immersive storytelling experience for children aged 4 to 12 through a content library consisting of story series, music, audio shows, and podcasts. Vobble aims to provide an interactive and engaging experience for kids by allowing them to access content independently and create their own content. The startup has gained popularity and secured funding through appearances on "Shark Tank India" and seed funding rounds. Vobble plans to expand its reach and content offerings in the future, catering to the US market and exploring various genres.
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Niyogin Fintech Limited Acquires 'Superscan' from Orbo.in
Inshorts
·
1y ago
Medial
Niyogin Fintech Ltd announced the successful acquisition of Superscan, an AI-powered document imaging, automation, and fraud detection platform, from Shark Tank fame Orbo.in. This strategic acquisition showcases Niyogin's commitment to spearheading digital transformation and encouraging the widespread adoption of cutting-edge technologies.
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Better Nutrition raises ₹10 crore funding to expand products
Inshorts
·
4m ago
Medial
Better Nutrition, India’s first biofortified food brand, secured ₹10 crore in funding. Investors include Namita Thapar, Shantanu Deshpande, PV Sindhu, Aclr8.vc, and others from Google and Meta. The brand, which grew 5x post-Shark Tank India, will use funds to expand products, strengthen distribution, and scale farmer training. Previously, it raised ₹3.1 crore in 2022.
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The Bear House bags ₹3 cr from Namita Thapar
Inshorts
·
4m ago
Medial
The Bear House secured ₹3 crore from Namita Thapar on Shark Tank India. The deal includes ₹1 crore for 1% equity and ₹2 crore as debt. The brand, known for smart casuals, expects ₹140 crore in revenue this year with 40%+ YoY growth. Expansion plans include offline stores and quick-commerce partnerships.
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Fashion brand Styched acquires Shark Tank India fame sneaker startup Flatheads
Economic Times
·
2y ago
Medial
Fashion brand Styched has acquired sneaker startup Flatheads, which gained fame through the Indian version of the TV show "Shark Tank." The acquisition will enable Styched to expand its product range and strengthen its position in the sneaker market. Flatheads, known for its custom-designed shoes, will continue to operate as a separate brand under the Styched umbrella, contributing to the company's growth and diversification.
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Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta
Livemint
·
1y ago
Medial
Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, has joined the judge's panel for the third season of "Shark Tank India." Radhika Gupta, along with other new "Sharks" including Zomato CEO Deepinder Goyal and Inshorts CEO Azhar Iqubal, will evaluate pitches from entrepreneurs seeking investment. "Shark Tank India" is the Indian adaptation of the American show "Shark Tank," where entrepreneurs pitch their business ideas to a panel of investors who decide whether to invest in their ventures. The third season will be streamed on the OTT platform Sony Liv.
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Mayhem Studios Bags Funding From Lumikai
Inc42
·
1y ago
Medial
Indian gaming studio Mayhem Studios has received an undisclosed investment from Lumikai, a gaming-focused venture capital firm. Mayhem Studios, a subsidiary of gaming unicorn Mobile Premier League, plans to use the funding to further develop its upcoming battle royale mobile game, Underworld Gang Wars. The investment will also support expanding the development team, accelerating game enhancements, and upgrading technological capabilities. This funding highlights Lumikai's commitment to supporting globally competitive games from India, amid increasing interest in the hardcore gaming sector.
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Shark Tank India sends legal notice to pitchers; Here's why
IndianStartupNews
·
1y ago
Medial
In a recent post on LinkedIn, Dorje Teas co-founder Sparsh Agarwal said that they had received a legal notice from Shark Tank India for using clips from their own pitch. Agarwal also claimed that they were not the only ones who received such notices. "They've cracked down on each and every startup that appeared on Shark Tank," he asserted.
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upliance.ai Bags INR 34 Cr From Khosla Ventures, Others To Bolster AI-Powered Home Appliance Play
Inc42
·
1y ago
Medial
Home appliance startup upliance.ai has raised INR 34 Cr ($4 Mn) in a seed funding round led by Khosla Ventures. The funds will be used to increase the production of its AI-powered cooking assistant and scale up revenue to INR 150 Cr by the end of 2024. upliance.ai was featured on Shark Tank India Season 3 but did not secure a deal. The startup sells an AI-powered 'Smart Jar' that can perform various cooking tasks.
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