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Vikas Acharya

Building WelBe| Entr...ย โ€ขย 1m

๐— ๐—ฒ๐—ฑ๐—ถ๐—ฎ๐—น ๐—”๐—ฝ๐—ฝ โ€“ ๐—” ๐—ฆ๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝโ€™๐˜€ ๐—•๐—ถ๐—ด ๐— ๐—ผ๐—บ๐—ฒ๐—ป๐˜ ๐—ผ๐—ป ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ธ ๐—ง๐—ฎ๐—ป๐—ธ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ Medial, a professional social media platform tailored for young entrepreneurs and professionals, recently made waves on Shark Tank India Season 4. With its vision to create a unique space for business discussions, idea validation, and professional networking, the startup garnered both appreciation and critical feedback from the sharks. ๐˜ž๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐˜”๐˜ฆ๐˜ฅ๐˜ช๐˜ข๐˜ญ ? Medial is not just another social networking appโ€”itโ€™s built specifically for entrepreneurs, founders, and professionals who want a space to discuss startups, exchange ideas, and stay updated with business trends. โœ… Idea validation โ€“ Users can pitch ideas and get feedback. โœ… Professional advice โ€“ Experts and fellow entrepreneurs share insights. โœ… Anonymous & public discussions โ€“ A mix of open and private conversations. โœ… Startup news aggregator โ€“ Brings the latest updates from the business world. With its growing user base, the founders believed Medial had the potential to become the go-to platform for startup discussionsโ€”but did the sharks see the same vision? 1๏ธโƒฃ๐˜›๐˜ฉ๐˜ฆ ๐˜—๐˜ช๐˜ต๐˜ค๐˜ฉ ! The founders entered the tank seeking โ‚น50 lakh for 1% equity, placing the startupโ€™s valuation at a whopping โ‚น50 crore. Their pitch highlighted how Medial could revolutionize professional networking for startups, but soon, they found themselves in the middle of a tough discussion. 2๏ธโƒฃ๐˜›๐˜ฉ๐˜ฆ ๐˜š๐˜ฉ๐˜ข๐˜ณ๐˜ฌ๐˜ดโ€™ ๐˜™๐˜ฆ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด โ€“ ๐˜”๐˜ช๐˜น๐˜ฆ๐˜ฅ ๐˜–๐˜ฑ๐˜ช๐˜ฏ๐˜ช๐˜ฐ๐˜ฏ๐˜ด & ๐˜๐˜ฆ๐˜ข๐˜ต๐˜ฆ๐˜ฅ ๐˜‹๐˜ฆ๐˜ฃ๐˜ข๐˜ต๐˜ฆ The pitch didnโ€™t win over all the sharks immediately. Each had a different take: ๐ŸŸก Kunal Bahl (Snapdeal Co-founder): Called Medial a "feature factory", meaning it had too many different elements borrowed from other platforms without a clear unique identity. ๐ŸŸ  Anupam Mittal (Shaadi.com Founder): Worried about the market fit and questioned whether the app had a clear strategy for long-term success. ๐ŸŸข Ritesh Agarwal (OYO Founder): Saw hidden potential, especially in Medialโ€™s startup pitching section. He believed that, with the right direction, it could become a powerful tool for entrepreneurs. As the debate continued, things got heated between Ritesh and Anupam, each holding strong opinions about the startupโ€™s future. 3๏ธโƒฃ๐˜›๐˜ฉ๐˜ฆ ๐˜›๐˜ถ๐˜ณ๐˜ฏ๐˜ช๐˜ฏ๐˜จ ๐˜—๐˜ฐ๐˜ช๐˜ฏ๐˜ต โ€“ ๐˜™๐˜ช๐˜ต๐˜ฆ๐˜ด๐˜ฉโ€™๐˜ด ๐˜๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต Just when it seemed like Medial might walk away without a deal, Ritesh made an offer: ๐Ÿ’ฐ โ‚น50 lakh for 2.5% equity โ€“ more stake than the founders originally planned to give up. However, there was a catch. Ritesh wanted Medial to focus solely on becoming a startup showcase platformโ€”a niche that he believed had real potential. After some discussion, the founders accepted the deal, marking a huge moment for Medial. But the debate between Ritesh and Anupam continued even after the pitch, showing just how divided the sharks were on the startupโ€™s future. ๐™ˆ๐™ฎ ๐™ฉ๐™๐™ค๐™ช๐™œ๐™๐™ฉ๐™จ Medialโ€™s pitch on Shark Tank India was a classic case of vision vs. execution. While the founders had big dreams, the sharks emphasized the need for focus, clarity, and a strong market fit. Thanks to Ritesh Agarwalโ€™s investment, Medial now has a second shot at refining its model and proving its worth. Whether it becomes the next big thing in the startup world or fades into the crowded space of networking appsโ€”itโ€™s a story worth following.

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