Bengaluru-based professional networking platform Medial has shut down operations, founder and CEO Niket Raj Dwivedi announced in a LinkedIn post.
“Our aim with Medial was to create a home for the startup ecosystem on the internet that could help founders, employees, and investors, while bridging the gap in access and information between Tier I and Tier II and III cities. Geography shouldn’t ever be a limitation,” Dwivedi said.
Founded by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, Medial was a content and community driven platform focused on the tech and startup ecosystem. The platform hosted startup news, industry updates, career discussions, and workplace conversations, while offering both real identity and anonymous participation.
The startup raised $500,000 in a funding round led by Ortella Global Capital (OG Capital) in December 2024. It was also featured on Shark Tank India.
Medial claimed to have more than 500,000 users across 30 countries. It also offered a premium subscription with access to VC and grant trackers, accelerator and incubator databases, startup jobs, and exclusive content.
The platform positioned itself as a professional social network, competing with players such as Grapevine, Hood, Fishbowl, Blind, and Reddit. It had previously claimed 10X user growth over a year, along with a sixfold increase in user engagement.
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