Home / Business and Economy / Mythik Secures $5M to Share Eastern Myths Globally
Mythik Secures $5M to Share Eastern Myths Globally
20 May
Summary
- Mythik secured an additional $5 million in funding.
- The startup aims to bring Eastern mythology to a global audience.
- Funding round values Mythik at over $50 million.
Mythik, an entertainment startup founded by Jason Kothari, has announced the successful closing of a $5 million funding round. This brings the company's valuation to over $50 million, following a significant $15 million seed funding round last year. The fresh capital will fuel Mythik's mission to establish a technology-first platform dedicated to showcasing Eastern mythology, history, and folktales to a worldwide audience.
New investors, including prominent figures from the tech and investment sectors, joined existing backers in supporting Mythik's growth. Founder and CEO Jason Kothari expressed gratitude for the continued support, emphasizing the investors' global perspective and strategic value. This funding reinforces Mythik's ambition to become a category-defining global entertainment company, leveraging the power of ancient Eastern narratives.
