About MX Player
MX Player is a company based in Mumbai (India) founded in 2011 by Karan Bedi was acquired by Amazon in October 2024.. MX Player has raised $110.8 million across 1 funding round from investors including Amazon, Tencent and Times Internet. The company has 215 employees as of April 09, 2024. MX Player operates in a competitive market with competitors including IQiyi, Youku Tudou, Tubi, Mango TV and Viu Video, among others.
- Headquarter Mumbai, India
- Employees 215 as on 09 Apr, 2024
- Founders Karan Bedi
- Stage Minicorn
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Sectors
Media & Entertainment
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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 Mxp Media India Limited
- Date of Incorporation 20 Feb, 2013
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$26.51 M (USD)-63.11as on Mar 31, 2023
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Net Profit
$1.68 M (USD)-35.32as on Mar 31, 2023
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EBITDA
$2.63 M (USD)-45.1as on Mar 31, 2023
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Total Equity Funding
$110.8 M (USD)
in 1 rounds
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Latest Funding Round
$110.8 M (USD), Series A
Oct 29, 2019
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Investors
Amazon
& 2 more
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Employee Count
215
as on Apr 09, 2024
- Acquired by
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Funding Insights of MX Player
MX Player has successfully raised a total of $110.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $110.8 million completed in October 2019. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $110.8M
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First Round
First Round
(29 Oct 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series A - MX Player | Valuation | Tencent |
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| 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 MX Player
MX Player has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Amazon, Tencent and Times Internet. 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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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location | |
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Multi-category products are offered through an online marketplace.
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Founded Year | Domain | Location | |
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Provider of digital content, advertising solutions, and technology services
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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 MX Player
| 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 - MX Player
| 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 |
Mx Player Comparisons
Competitors of MX Player
MX Player 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 IQiyi, Youku Tudou, Tubi, Mango TV and Viu Video, 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 |
Subscription-based streaming of dramas, anime, movies, and shows is offered.
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| domain | founded_year | HQ Location |
Video content is streamed, searched, and shared across multiple devices.
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| domain | founded_year | HQ Location |
On-demand streaming video platform offering movies and TV shows.
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| domain | founded_year | HQ Location |
Ad-supported on-demand video streaming platform
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| domain | founded_year | HQ Location |
Video streaming platform operated for on-demand entertainment access.
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| domain | founded_year | HQ Location |
Live and on-demand Indian television channels are streamed globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Mx Player
Frequently Asked Questions about MX Player
When was MX Player founded?
MX Player was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is MX Player located?
MX Player is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of MX Player?
Karan Bedi is the current CEO of MX Player. They have also founded this company.
Is MX Player a funded company?
MX Player is a funded company, having raised a total of $110.8M across 1 funding round to date. The company's 1st funding round was a Series A of $110.8M, raised on Oct 29, 2019.
How many employees does MX Player have?
As of Apr 09, 2024, the latest employee count at MX Player is 215.
What is the annual revenue of MX Player?
Annual revenue of MX Player is $26.51M as on Mar 31, 2023.
What does MX Player do?
MX Player was founded in 2011 in Mumbai, India, as an ad-supported online video streaming platform. Video-on-demand content is provided across categories such as movies, TV shows, web series, sports, music videos, and live TV channels. Support for multiple languages including Hindi, Marathi, Punjabi, and Kannada is included. The service is accessible on Android and iOS devices.
Who are the top competitors of MX Player?
Who are MX Player's investors?
MX Player has 3 investors. Key investors include Amazon, Tencent, and Times Internet.
What is MX Player's valuation?
The valuation of MX Player is $500M as of Oct 2019.
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