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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People of MX Player
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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.
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.
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Value-added internet, mobile, and telecom services are provided in China.
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Multi-category products are offered through an online marketplace.
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Provider of digital content, advertising solutions, and technology services
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Investor details for MX Player
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Investments & Acquisitions by MX Player
Investment portfolio details for MX Player
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Financial Statements - MX Player
Detailed financials for MX Player
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Mx Player Comparisons
Peer comparison for MX Player
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- Named peers
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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.
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Subscription-based streaming of dramas, anime, movies, and shows is offered.
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Video content is streamed, searched, and shared across multiple devices.
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On-demand streaming video platform offering movies and TV shows.
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Ad-supported on-demand video streaming platform
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Video streaming platform operated for on-demand entertainment access.
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Live and on-demand Indian television channels are streamed globally.
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Detailed competitors of MX Player
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Latest news on Mx Player
Complete news archive for 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 current CEO of MX Player. 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.
As of Apr 09, 2024, the latest employee count at MX Player is 215.
Annual revenue of MX Player is $26.51M as on Mar 31, 2023.
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.