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

News on Medial

Related News

Titan Capital Winners Fund raises target corpus of Rs 200 Cr

EntrackrEntrackr · 1y ago
Titan Capital Winners Fund raises target corpus of Rs 200 Cr
Medial

Titan Capital Winners Fund, which is backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has raised its target corpus of Rs 200 crore as the duo will anchor this fund as its largest investors. The fund will invest exclusively in follow-on rounds of breakout companies from its seed portfolio. “With the Titan Capital Winners Fund, we can more significantly support the founders of our portfolio companies in subsequent rounds of capital raises, further strengthening Titan Capital’s partnership with them,” Bahl and Bansal said in a joint press release. The Titan Capital Winners Fund focuses on tech-enabled businesses led by founders and management teams building category creators. The fundraise was completed in less than six months and the fund’s LPs include prominent family offices, CEOs and founders of leading companies, and key figures from the VC landscape. Titan Capital said that a select number of LPs are expected to be added via the optional greenshoe. In addition to Bahl and Bansal, the Winners Fund is managed by a team including Chetan Rana, who is serving as the chief financial officer (CFO). Titan Capital has backed more than 250 companies since 2011. Some of its seed investment portfolio includes Urban Company, MamaEarth, OfBusiness, Razorpay, Unicommerce, and Ola Cabs. Through the fund, Bahl and Bansal also made hefty exits from Urban Company, MamaEarth, Ola and Credgenics. For context, they had invested Rs 57 lakh total in Urban Company’s early funding rounds and recently took complete exit with Rs 111 crore. In Ola, their original investment was to the tune of $60,000 while the SoftBank-backed company reached its peak valuation of $7.3 billion in 2021 when they exited fully. E-commerce SaaS platform Unicommerce, which also comes under the umbrella of Snapdeal owner AceVector, went public. It was one of the profitable startups to get listed on the stock exchange.

Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl

Economic TimesEconomic Times · 1y ago
Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl
Medial

Kunal Bahl, co-founder of Titan Capital and former Snapdeal founder, revealed that he decided to invest in Mamaearth after a bathroom encounter with the brand's shampoo bottle. His wife's recommendation from a moms' group on Facebook and a phone call to Mamaearth's founder, Varun Alagh, led to the investment. Bahl praised Mamaearth for its inspiring journey and profitability, noting that they built the company without the typical startup backgrounds and are beloved by consumers. Bahl and his Snapdeal co-founder are set to make a remarkable 100x return on their 2017 investment in Mamaearth through its IPO. The IPO received strong subscription from institutional buyers and retail investors.

Titan Capital launches investment vertical to back Indian defence-tech startups

EntrackrEntrackr · 3m ago
Titan Capital launches investment vertical to back Indian defence-tech startups
Medial

Titan Capital launches investment vertical to back Indian defence-tech startups Seed-stage venture capital firm Titan Capital has launched a specialised investment vertical to fund startups innovating in India’s defence and strategic technology space. With this program, Titan Capital is looking to invest in startups working in hardware, aerospace, cybersecurity, and manufacturing. The focus is on national security, supporting deep-tech innovation, generating jobs, and helping India become an exporter of strategic technologies. Kunal Bahl, Co-founder of Titan Capital, said, “We need to back our brightest minds—engineers, researchers, and builders—to create sovereign, dual-use technologies that can shape not just India’s future, but the future of global defence…” As part of this initiative, Titan Capital is also looking to collaborate with veterans from the armed forces, scientists, and experienced technologists who can help assess and guide these investments with strategic insight and domain expertise. Titan Capital has backed over 250 startups to date, including Ola, Razorpay, Urban Company, OfBusiness and Giva. With this new initiative, it hopes to shape the next generation of strategic innovation at the intersection of purpose, tech, and nation-building.

Recur Club Partners with Enrission India Capital to boost capital access for startups

EntrackrEntrackr · 1d ago
Recur Club Partners with Enrission India Capital to boost capital access for startups
Medial

Recur Club, a debt marketplace for startups and SMEs, has announced a strategic partnership with ENRISSION INDIA CAPITAL, a purpose-led early-stage investment firm, to strengthen capital access and long-term support for startups building impactful solutions for India. Recur Club launched this year a Rs 150 crore ($18 million) fund to accelerate the growth of D2C brands in quick commerce. With this partnership, eligible startups can receive non-dilutive capital. The amounts will be structured as part of the standard term sheet, offered at the discretion of the founders. In addition, Recur Club will extend equity fundraising support to ENRISSION INDIA CAPITAL’S portfolio, helping mission-led startups raise institutional rounds with greater efficiency. “This partnership brings together capital, conviction, and community. With ENRISSION INDIA CAPITAL’s sharp focus on social impact and our AI-led credit infrastructure, we are not only streamlining access to funding, we are shaping a smarter, faster, and more inclusive ecosystem for early-stage companies. The Japan angle adds a unique global edge, opening up opportunities for ambitious Indian startups to scale across borders with confidence,” said Eklavya Gupta, co-founder & CEO of Recur Club. According to Recur Club, this collaboration offers founders a powerful blend of AI-driven, non-dilutive capital, strategic mentorship, and access to global investor networks, particularly in Japan. Building on a proven co-investment track record, the partnership aims to accelerate the growth of socially conscious startups in India and beyond. Details on the partnership, including investment size and timelines, will be announced soon alongside official statements from ENRISSION INDIA CAPITAL’s leadership. Co-founded in 2021 by Abhinav Sherwal and Eklavya Gupta, Recur Club is a debt financing marketplace that offers loans to startups and businesses. Businesses can get a loan from Rs 50 lakhs to Rs 100 crore within 48 hours by signing up and linking their financial data. In collaboration with InCred, it has deployed Rs 300 crore in funding aimed at supporting early and mid-stage startups in 2024. Recur Club has committed to deploying Rs 2,000 crore in debt funding for startups and SMEs through Recur Scale and Rs 1,000 crore to MSMEs through Recur Swift in this financial year. As part of this initiative, the company has launched its "Recur Scale" facility, which offers up to Rs 100 crore in funding for individual startups or small and medium enterprises (SMEs). Over the last three years, Recur Club has disbursed over Rs 500 crore to D2C businesses, comprising 30% of its overall portfolio and spanning companies with revenues ranging from Rs 1 crore to Rs 300 crore. It is backed by marquee institutional investors like InfoEdge Ventures, Village Global, LC Nueva, and Titan Capital.

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