Jason Kothari’s New Startup Mythik Raises $15 Million In Seed Round

Mythik, a media technology company, has raised $15 million in a seed funding round led by Sakal Media Group.

The round also saw participation from BITKRAFT, VC Grid, Visceral Capital, Shah Rukh Khan's Family Office, Patni Family Office, Saif Saeed Ghobash (Secretary General of Abu Dhabi Executive Council), Jaynti Kanani (Co-founder of Polygon), Pravin Jain (Founder of Tridiagonal AI), Marc Younan (former Principal, Redbird Capital), and Deepen Parikh (Co-founder of Courtside Ventures).

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Last month, Kothari, the former CEO of Housing.com, launched his new venture, Mythik—an entertainment company from India. Mythik’s goal is to bring Eastern mythology, folktales, and history to global audiences, aiming to build a “Disney from the East,” the company said in a statement.

“We are excited about the world-class and strategic investors we have brought together and look forward to realising Mythik’s vision and mission to bring Eastern mythology, history and folktales to the forefront of global entertainment and inspire happiness, peace and hope,” said Kothari.

Kothari joined Housing.com in 2015 and became CEO after the founding CEO, Rahul Yadav, left. He later worked at Snapdeal as the chief strategy and investment officer.

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