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Medront raised INR 1.06 Cr in a Pre-Seed Round led by Inflection Point Ventures to enhance product development and user acquisition.

PRIVATEAug 29, 2024

Amount Raised

₹10.6 Million

Round Type

Pre-Seed

MumbaiSoftwareAnalyticsBig Data

Investors

Inflection Point Ventures

Description

User data storage startup Medront has successfully raised INR 1.06 Cr in a Pre-Seed Round led by Inflection Point Ventures. The funds will be used for product development, growth efforts, and user acquisition to strengthen their position in the consumer data management space.

Quick answer

Medront raised ₹10.6 Million in a Pre-Seed round, dated August 29, 2024. Investors: Inflection Point Ventures. Medront is based in Mumbai, Maharashtra, India.

How much did Medront raise?
Medront raised ₹10.6 Million in a Pre-Seed round on August 29, 2024.
Who invested in Medront?
Inflection Point Ventures is named as investors in this round.
What does Medront do?
Medront Datalabs is a user data storage startup founded in 2023 that empowers individuals with control over their personal data through innovative data pods.
Where is Medront based and how big is it?
Medront is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Medront?
Fundz holds 1 contact at Medront. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Big Data around the same time

Companies in the same sectors as Medront that raised within 45 days of this round, from Fundz verified event records.

  • Vectorize raised $3.6M (Seed) on October 8, 2024.
  • Zenlytic raised $9M (Series A) on September 26, 2024.
  • Desia raised $3.3M (Pre-Seed) on September 25, 2024.
  • Datamaran raised $33M (Series C) on September 19, 2024.
  • FeedbackNow raised an undisclosed amount (Series A) on September 18, 2024.
  • e6data raised $10M (Series A) on September 17, 2024.

Who to call at Medront, and when

A new round usually means Medront is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Medront

Location

Mumbai, Maharashtra, India

About

Medront Datalabs is a user data storage startup founded in 2023 that empowers individuals with control over their personal data through innovative data pods. The company aims to provide consumers with real ownership of their data while giving brands an alternative to tech giants' monopolies. With over 20,000 users and partnerships with 20 brands, Medront is rapidly establishing itself in the consumer data management space. The startup focuses on developing data products driven by user feedback and integrates extensively with major platforms.

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