MX Player

Mumbai, India Founded: 2011 • Age: 15 yrs Minicorn Acquired By Amazon
Ad-supported online video streaming platform

About MX Player

MX Player is a Media & Entertainment company based in Mumbai (India) founded in 2011 by Karan Bedi, and was acquired by Amazon in October 2024. Ad-supported online video streaming platform. MX Player has raised $110.8 million across 1 funding round from investors including Amazon, Tencent and Times Internet. The company has 215 employees. MX Player was last valued at $500 million in October 2019. Its chief executive, as recorded, is Karan Bedi. Its website mxplayer.in draws about 17.5 million monthly visits. Its Indian entity Mxp Media India Limited reported revenue of β‚Ή77.11 Cr. Its focus areas include OTT Video, OTT Streaming Platforms, Video On Demand (VOD) and Film & TV.

Company details

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.

  • Headquarters Mumbai, India
  • Employees 215
  • Founders Karan Bedi
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Arts and Entertainment · TV Movies and Streaming
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website mxplayer.in
  • Social LinkedIn X Facebook
  • Acquired by Times Internet (Jun 2018)
  • Legal Name Mxp Media India Limited
  • Date of Incorporation 20 Feb, 2013
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹77.11 Cr

    FY 2025 · -37% YoY

  • Net Loss
    -₹1.43 Cr

    FY 2025 · -2% margin

  • EBITDA
    ₹2.37 Cr

    FY 2025 · 3% margin

  • Total Equity Funding
    $110.8M (USD)

    in 1 rounds

  • Latest Funding Round
    $110.8M (USD), Series A

    Oct 2019

  • Investors
    Amazon

    & 2 more

  • Employee Count
    215
  • Acquired by
    Amazon

    & 1 more

    (Oct 2024)

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 $110.8M
  • Total Rounds 1
  • Last Round Series A β€” $110.8M
  • First Round $110.8M

    (Oct 2019)

  • Investors Count 1

All 1 funding rounds of MX Player with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2019$110.8MSeries A$500MTencent
–
Valuation history
DateValuationStage
Oct 2019$500Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $500M (Oct 2019). 3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Value-added internet, mobile, and telecom services are provided in China.
1998tencent.comShenzhen, China
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States
Provider of digital content, advertising solutions, and technology services
1999timesinternet.inGurugram, India
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Investor details for MX Player

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Board of directors of Mxp Media India Limited (MX Player)

Mxp Media India Limited is the primary company behind MX Player. The board of Mxp Media India Limited currently have 4 directors; the longest-serving is Avneet Wadehra, appointed in 2022. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Avneet Wadehra
DIN 09552927
Director30 Mar 20224 yrs 7 moMxp Media India Limited
Ashok Kumar
DIN 06534226
Director22 Dec 20232 yrs 10 moMxp Media India Limited
Bhagwat
DIN 10830931
Director11 Nov 20242 yrsMxp Media India Limited
. Shekhar
DIN 10168329
Director10 Dec 20241 yr 11 moMxp Media India Limited

People of MX Player

21 people are tracked at MX Player (7 in leadership, 14 in team); the tracked headcount is 215.

NameRoleGroup
Karan Bedi
Founder & CEOLeadership
Yash Razwardhan
Film Director - Ishaq MurabbaLeadership
Shubham Sharaf
Cinematographer And DirectorLeadership
Abhishek Vakil
Senior Creative Director, Original ContentLeadership
Ashutosh Pandey
Head - Legal And Regulatory AffairsLeadership
Bonita Remedios
Assistant DirectorLeadership
Zeeshan Ali Siddiqui
Assistant DirectorLeadership
Prachi Desai
Account Management- Lead, New BusinessTeam
Narendra Solanki
Senior Exective Video EditorTeam
Ab Bhagat
Product ManagerTeam
Megha Sthapak
Sr. Marketing ManagerTeam
Binod Kumar Bindu
Manager Finance And AccountsTeam
Prince Sahu
Business AnalystTeam
Sanket Garg
Financial Analyst IITeam
Abhinav Yadav
Senior Manager, Domestic And International BusinessTeam
Shubham Bhavsar
Senior Manager - Product & StrategyTeam
Thirumalaisamy K
Program Manager, Business And Customer InsightsTeam
Inderjit Kaul
Driving New Ads Product InitiativesTeam
Bhuvan Kumar
Growth Product ManagerTeam
Pranav Shah
Senior Manager – Commercial – Marketing & TechTeam

1 more people are available in the full profile.

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Financials of MX Player

Figures of Mxp Media India Limited, the primary company behind MX Player, for FY 2025. Revenue was ₹77.11 Cr (-37% year on year). Net loss was -₹1.43 Cr (-2% margin). EBITDA was ₹2.37 Cr (3% margin). Revenue has grown at a compounded annual rate of -49% over three years and -13% over five years.

  • ₹77.11 CrRevenue · FY 2025 · -37% YoY
  • -₹1.43 CrNet loss · -2% margin
  • ₹2.37 CrEBITDA · 3% margin
  • ₹10 LakhPaid-up capital
  • 215Employees (provident fund records)
  • -49%Revenue CAGR, 3 years
  • -13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mxp Media India Limited are on its company page.

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Detailed financial statements for MX Player

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Timeline of MX Player

5 dated milestones of MX Player across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded MX Player is founded.
  2. Exit Acquired by Times Internet.
  3. Funding First funding round of $110.8M.
  4. Milestone Reaches Minicorn status.
  5. Exit Acquired by Amazon.

Web traffic of MX Player

The website of MX Player (mxplayer.in) receives about 17.5M visits a month and ranks #2,690 among all websites worldwide, #269 in TV Movies and Streaming.

  • Monthly visits
    17.5M

    ▼ 11.2% vs previous month

  • Unique visitors
    6.7M

    per month

  • Global rank
    #2,690

    among all websites

  • Category rank
    #269

    Arts and Entertainment · TV Movies and Streaming

Similar websites

Websites whose visitors overlap most with MX Player. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
zee5.com
100%
14.2M#3,972View details
airtelxstream.in
98%
11.1M#5,490View details
primevideo.com
95%
#144View details
hotstar.com
91%
176.9M#245View details
justwatch.com
87%
57.2M#957View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Vernacular Platforms

3 companies that operate in the same segment as MX Player (Vernacular Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform connecting readers and writers, offering digital literature in multiple languages
2014Bengaluru, Karnataka, IndiaUSD 92.65 MUSD 6.84 M162
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 59.7 M493
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K
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Related news about Mx Player

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Frequently Asked Questions about MX Player

MX Player was founded in 2011 and raised its 1st funding round 8 years after it was founded.

MX Player is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Karan Bedi is the CEO of MX Player, as recorded in our data. They have also founded this 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 2019.

MX Player has 215 employees.

The primary company behind MX Player, Mxp Media India Limited, reported revenue of β‚Ή77.11 Cr for FY 2025, down 37% year on year.

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.

MX Player has 3 investors. Key investors include Amazon, Tencent, and Times Internet.

The valuation of MX Player is $500M as of Oct 2019.

MX Player operates through Mxp Media India Limited.

Yes. MX Player was acquired by Times Internet in June 2018.

The legal entities of MX Player currently have 4 directors, including Avneet Wadehra, Bhagwat, Ashok Kumar and others.

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