Professional social media platform Medial has secured $120,000, or approximately Rs 1 crore, in a pre-seed funding round. The funding was led by FirstCheque VC, with the participation of prominent angel investors from Bengaluru, Mumbai and the US, including Nayan Jadeja, Rohitashwa Choudhary, Ankit Aggarwal, and Radhakrishnan Ramachandran.

Founded by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien and Harsh Dwivedi, the startup Medial aims to transcend the conventional social media platform model. Operating as a content and community-centric hub, it emphasizes sectors like tech, product, and UI/UX. Medial delivers startup news, industry updates and professional advice in a direct and non-clickbaity manner. The funds raised are slated for deployment in product development, user acquisition, and the testing of core app features, with the strategic allocation expected to substantially enhance the platform's offerings and user experience.

Medial sets itself apart from platforms such as LinkedIn and GitHub by providing both real identity and anonymous features. Currently fostering a community comprising over 5,000 beta-stage users, the platform is gearing up for an official launch by the conclusion of January 2024. The company states, "The raised capital will be used towards product development, user acquisition, and testing of core app features. This strategic allocation is expected to enhance the platform’s offerings and user experience significantly".