About Mitron
Mitron is a company based in Bengaluru (India) founded in 2020 by Shivank Agarwal was acquired by Koo in June 2022. Mitron has raised $8.62 million across 4 funding rounds from investors including Venture Catalysts, LetsVenture and Nexus Venture Partners. The company has 3 employees as of March 29, 2024. Mitron operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 29 Mar, 2024
- Founders Shivank Agarwal
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
- Legal Name Mitron Tv Private Limited
- Date of Incorporation 31 May, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$110.1 K (USD)2215.85as on Mar 31, 2022
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Net Profit
-$944.23 K (USD)13.18as on Mar 31, 2022
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EBITDA
-$1.02 M (USD)4.65as on Mar 31, 2022
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Total Equity Funding
$8.62 M (USD)
in 4 rounds
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Latest Funding Round
$3.33 M (USD), Series A
Nov 05, 2020
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Investors
Venture Catalysts
& 33 more
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Employee Count
3
as on Mar 29, 2024
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Acquired by
Koo
(Jun 10, 2022)
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Funding Insights of Mitron
Mitron has successfully raised a total of $8.62M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.33 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Mitron
Mitron has secured backing from 34 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Nexus Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private investment arm of Kris Gopalakrishnan Family Office.
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Venture capital firm investing in early stage startups
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Investor details for Mitron
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Investments & Acquisitions by Mitron
Investment portfolio details for Mitron
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Financial Statements - Mitron
Detailed financials for Mitron
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Mitron Comparisons
Peer comparison for Mitron
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Competitors of Mitron
Mitron operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Social platform for sharing short videos
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User-generated videos and content are shared and streamed online.
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Web and mobile video sharing and streaming platform
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Developer of a short-video platform and technology infrastructure
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Music videos are created and shared through a mobile platform.
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Videos are shared, viewed, and streamed on a social platform.
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Detailed competitors of Mitron
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Latest news on Mitron
Complete news archive for Mitron
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Frequently Asked Questions about Mitron
Mitron was founded in 2020.
Mitron is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shivank Agarwal is the current CEO of Mitron. They have also founded this company.
Mitron is a funded company, having raised a total of $8.62M across 4 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Mitron is 3.
Annual revenue of Mitron is $110.1K as on Mar 31, 2022.
Mitron was founded in 2020 in Bengaluru, India, as a social media platform focused on short video sharing. Humorous videos are produced by users, who apply various filters before sharing with the community. Operations center on content creation and interaction features. The platform is accessible exclusively via an Android application, targeting mobile users in the digital entertainment sector.
Mitron's top competitors include Kuaishou Technology, YouTube and Dailymotion.
Mitron has 34 investors. Key investors include Venture Catalysts, LetsVenture, Nexus Venture Partners, 3one4 Capital, and 100Unicorns.
The valuation of Mitron is $36.11M as of Aug 2020.