About Mivi
Mivi is a company based in Hyderabad (India) founded in 2015 by Midhula D and Viswanadh Kandula.. The company has 105 employees as of July 29, 2025. Mivi offers products and services including TWS Earbuds, Soundbars, Earphones, and Speakers. Mivi operates in a competitive market with competitors including Leaf Studios, Crossbeats, Lumiford and Tempt India, among others.
- Headquarter Hyderabad, India
- Employees 105 as on 29 Jul, 2025
- Founders Midhula D, Viswanadh Kandula
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Seminole Electronics Private Limited
- Date of Incorporation 26 Dec, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$29.27 M (USD)14.63as on Mar 31, 2024
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Net Profit
$146.25 K (USD)40.98as on Mar 31, 2024
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EBITDA
$1.56 M (USD)89.85as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
105
as on Jul 29, 2025
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Products & Services of Mivi
Mivi offers a comprehensive portfolio of products and services, including TWS Earbuds, Soundbars, Earphones, and Speakers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bluetooth earbuds for music listening and calls.
Sound systems with Dolby Audio for home entertainment.
Neckband earphones for music and communication needs.
Bluetooth speakers for wireless sound playback.
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Funding Insights of Mivi
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Debt – Conventional - Mivi | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mivi
Mivi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include N+1 Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Revenue-based growth capital is provided for Indian entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mivi
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mivi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mivi Comparisons
Competitors of Mivi
Mivi 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 Leaf Studios, Crossbeats, Lumiford and Tempt India, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category headphones, accessories, and smart watches are offered online.
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| domain | founded_year | HQ Location |
Sells smartwatches, wireless audio, dashcams, projectors, and accessories online.
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| domain | founded_year | HQ Location |
Offers a proprietary brand of high-quality audio devices.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering audio devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mivi
Frequently Asked Questions about Mivi
When was Mivi founded?
Mivi was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Mivi located?
Mivi is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Mivi?
Viswanadh Kandula is the current CEO of Mivi. They have also founded this company.
How many employees does Mivi have?
As of Jul 29, 2025, the latest employee count at Mivi is 105.
What is the annual revenue of Mivi?
Annual revenue of Mivi is $29.27M as on Mar 31, 2024.
What does Mivi do?
Mivi was founded in 2015 and is headquartered in Hyderabad, India. Operations focus on the consumer electronics sector, where a range of smartphone accessories is manufactured, including wired and wireless earphones, aux cables, HDMI cables, wall chargers, and car chargers. The company serves the Indian market primarily through its online domain, mivi.in, with leadership provided by co-founders Midhula D as CMO and Viswanadh Kandula as CEO.
Who are the top competitors of Mivi?
Mivi's top competitors include Crossbeats, Lumiford and Leaf Studios.
What products or services does Mivi offer?
Mivi offers TWS Earbuds, Soundbars, Earphones, and Speakers.
Who are Mivi's investors?
Mivi has 1 investor. Key investors include N+1 Capital.