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Medial, a professional networking platform tailored to the startup ecosystem, has successfully raised $500,000 in a pre-Series A funding round. The investment was led by Ortella Global Capital, co-founded by serial entrepreneur Rajvardhan Mohite and former IFC executive Sayan Ghosh.
Rapid Growth and Expanding User Base
Since its alpha launch, Medial has shown remarkable growth, attracting a community of 100,000 entrepreneurs, startup enthusiasts, tech professionals, and investors. The platform now boasts more than 10,000 daily active users (DAU), reflecting its increasing appeal within the startup ecosystem in just a few months.
Founder and CEO Niket Raj Dwivedi highlighted the unique position Medial occupies, saying, “Most professionals in the startup and tech communities face fragmented solutions across various platforms. Medial integrates learning, collaboration, and meaningful discussions into a single space, offering users a streamlined and productive experience.”
What is Medial?
Medial, founded by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, acts as a hub for startup news, industry updates, banter, and advice in a straightforward, non-clickbaity format. The platform is designed to provide real value to its community and foster transparent and inclusive workplace conversations.
Key features of Medial include:
- Curated News Feed: Users receive real-time updates relevant to the startup ecosystem.
- Social Feed: A space for discussions, insights, and networking among users.
- Startup Showcase: A feature that allows users to pitch ideas, validate them with peers, and receive actionable feedback.
Unique Selling Proposition
Medial’s primary aim is to eliminate the need for users to juggle multiple apps to stay connected, network, and access valuable resources. By offering a centralized space for startup news, discussions, and idea validation, Medial streamlines the experience for users, making it easier to collaborate and grow within the startup community.
Future Plans
With the new funding, Medial aims to further enhance its platform, expand its user base, and deepen its integration of resources for startup professionals. The funding will help the platform scale its operations and offer more tools to its growing community of entrepreneurs, tech experts, and investors.
Medial’s focus on providing a unified experience could potentially position it as a leading professional networking platform for the startup ecosystem, further addressing the fragmented solutions currently available in the market.
The Startup Landscape and Networking Needs
As the startup ecosystem continues to thrive, networking remains a key element for success. Platforms like Medial are uniquely positioned to cater to the needs of entrepreneurs and professionals who require a cohesive space to collaborate, share knowledge, and validate ideas. Medial’s innovative approach could serve as a valuable resource as the startup community continues to expand globally.
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