India, April 29 -- Bengaluru-based networking platform Medial is in advanced talks to raise $4 Mn to $5 Mn in its Series A round, multiple people aware of the development told Inc42.

The funding round will see participation from Medial's pre-seed investor OG Capital and two major VC firms.

Medial cofounder and CEO Niket Raj Dwivedi confirmed the development with Inc42 but didn't disclose the name of the investors.

Rajvardhan Mohite, cofounder and head of enterprise investments at OG Capital, also confirmed that the VC firm is doubling down on its investment in the startup.

Explaining his rationale for the investment, Mohite said that Medial's engagement time has gone up 6X in the last 12 months, while users have grown by 10X.

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