Get All Access for $5/mo

PedalStart Raises $250,000 In Pre-seed Round The company is an open platform for early-stage startup founders where they can learn, build and raise funds

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

PedalStart, a Gurugram-based startup founders' community platform, has so far raised a total of $300,000 in the pre-seed round.

PedalStart will use these funds to build a core team and tech, for easy movement and connection of founders with mentors, and is planning to onboard 3000-plus founders in the community. The company is an open platform for early-stage startup founders where they can learn, build and raise funds.

Pal and Darolia said, "Currently, we are only focusing on two things, first is to figure out multiple channels/ways to add and enable early-stage founders and second, what innovation we can bring into the ecosystem to make it more efficient and data-driven. In the next 12 months, we will launch some out-come driven and efficient technologies to build and empower the ecosystem. Along with this we will also focus on innovation from tier II and III cities."

"We really liked the concept of initial equity free support and once the startup is comfortable with the process then high engagement for acceleration. This provides comfort to both PedalStart and the founders when they engage initially with each other in the light touch model. We are re-investing in the current round as the Company has grown faster than what we anticipated which is a testimony of the execution capabilities of the founders and the team," said Sorabh Agarwal, co-founder, AngelBay.

Launched in 2021, PedalStart is a platform which is building startup founders. The platform helps build founders through their startup ideas, with the help of ex-entrepreneurs, successful startup founders, domain experts and angel investors.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Growing a Business

How to Spot Trends and Anticipate Market Shifts Before Your Competition

Discover how to identify disruptive trends before your competitors by mastering the art of anticipating market shifts. Learn strategies for staying ahead and gaining a competitive edge in business.

Growing a Business

Why Business Owners Should Streamline Their Operations Now for Success in 2025

As the holiday season and year-end approach, business owners face heightened operational demands, from inventory management to spend control. By streamlining these processes and partnering with flexible suppliers, businesses can maintain efficiency, meet customer needs and focus on growth while navigating this busy period.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.

Business News

Apple Is Adding ChatGPT to iPhones This Week. Here's How It Works.

ChatGPT will take over questions that Siri can't answer.