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

News on Medial

Related News

Food brand Indic Wisdom raises $2 Mn in pre-series A round

EntrackrEntrackr · 8m ago
Food brand Indic Wisdom raises $2 Mn in pre-series A round
Medial

Mumbai-based manufacturer of wood-pressed oils Indic Wisdom has raised $2 million in its pre-Series A round led by Rockstud Capital along with other investors. Founded by Prajakta Khare & Kaustubh Khare, Indic Wisdom’s product range include encompassing cooking oils, multipurpose oils, and specialty oils, caters to the diverse needs and preferences of health-conscious consumers. These oils, renowned for their high nutritional content, including essential vitamins, antioxidants, and fatty acids, offer a superior alternative to refined oils, which often undergo processing that can strip them of valuable nutrients. Specialising in traditional lakdi ghani-based extraction methods, their oils preserve natural nutrients and flavours. It has also invested heavily in testing research and development to provide consumers with verified purity. According to market research, the global cold-pressed/wood-pressed oil market, valued at $27.1 billion in 2021, is projected to expand at a compound annual growth rate (CAGR) of 5.7% until 2028. Domestically, IMARC Group forecasts the market to reach $15.6 billion by 2032 from the current $9.1 billion, exhibiting a CAGR of 5.9% between 2024 and 2032.

Cold-pressed oil brand Gramiyaa raises pre-Series A funding

EntrackrEntrackr · 3m ago
Cold-pressed oil brand Gramiyaa raises pre-Series A funding
Medial

Snippets Cold-pressed oil brand Gramiyaa raises pre-Series A funding Gramiyaa, a vertically integrated cold-pressed oil brand, has raised Rs 7.2 crore in a pre-Series A funding round led by Homegrown Ventures, along with participation from Campus Fund and Mumbai Angels. Prior to this, the Bengaluru-based company had raised $1.14 million in a seed round from Homegrown Ventures and others. The proceeds will be used to expand its production capacity to 4 lakh litres per month, enhance sourcing capabilities, streamline manufacturing processes, and strengthen distribution channels, including its D2C platform, Gramiyaa said in a press release. Founded in 2016 by Sibi Manivannan, Gramiyaa is a brand of cold-pressed cooking oil. Their products include wood-pressed oil in a variety of flavors such as groundnut oil, sesame oil, and coconut oil. The company sells the majority of its products in Tamil Nadu through independent stores as well as online. It operates its own state-of-the-art manufacturing facility, ensuring consistency, hygiene, and process integrity. While cold-pressed oils have historically been associated with small-scale production and fragmented supply chains, Gramiyaa is redefining the category through structure and scale by prioritizing vertical integration and manufacturing excellence. It ensures consumers receive high-quality oils made from premium seeds—free from the inconsistencies that often affect the segment. Gramiyaa combines traditional wood and stone mills with modern, hygienic facilities, and ensures authentic extraction with the highest standards of safety and consistency. Offering a wide range of cold-pressed oils, the brand reaches consumers through its D2C platform, key retail outlets, e-commerce, and quick-commerce channels.

Foodtech startup Mealawe raises $1 Mn in new round

EntrackrEntrackr · 5m ago
Foodtech startup Mealawe raises $1 Mn in new round
Medial

Foodtech startup Mealawe has raised $1 million in funding from a mix of Foreign Direct Investment (FDI), a network of Shark Tank founders, and angel investors associated with companies such as Goldman Sachs and Oracle. The new capital will be used to scale operations by expanding women-led kitchens, strengthening corporate cafeteria solutions, and deepening partnerships for organic ingredient sourcing. Founded by Rupesh Kumar, along with co-founders Pratap Haldar and Nikhil Jain, Mealawe began as a platform connecting home chefs with customers, providing nutritious, homemade-style meals. As it scales, Mealawe is integrating home chefs and women from the workforce into a structured kitchen model, creating economic opportunities while maintaining the essence of homemade food. To ensure high-quality, nutritious meals, Mealawe directly sources organic kitchen essentials such as bilona ghee, wood-pressed oils, and organic masalas by partnering with farmers, ensuring both better food quality and sustainable agricultural practices. Beyond meal delivery, Mealawe has developed a corporate cafeteria management platform that allows businesses to provide high-quality meals without operational complexities. For smaller companies that lack physical cafeteria spaces, Mealawe offers a virtual cafeteria solution, ensuring seamless meal access for employees. Since its launch in October 2022, Mealawe claims to have grown rapidly, delivering over 30,000 meals monthly. Currently operational in Pune, Bengaluru, Mumbai, and Kota, Mealawe is steadily building a nationwide presence. The firm plans expansion into 14 cities over the next 10-12 months, with a target of delivering 1 million meals per month.

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