🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Housing.com’s former CEO Jason Kothari launches tech-first entertainment company Mythik
Economic Times
·
3m ago
Medial
Jason Kothari, former CEO of Housing.com, has founded Mythik, a tech-first entertainment company focused on Eastern mythology, folktales, and history. With a team of ex-executives from Disney, Netflix, and Amazon Studios, Mythik aims to create immersive storytelling formats for a global audience, challenging Hollywood's dominance. Kothari's experience includes roles at Snapdeal and FreeCharge and revitalizing Valiant Entertainment, showcasing his strategic prowess and adaptability in the entertainment and tech industries.
View Source
2
Related News
Jason Kothari’s new startup Mythik raises $15 Mn in Seed round
Entrackr
·
2m ago
Medial
Jason Kothari, the former Snapdeal executive, has raised $15 million in a seed funding round for his new startup, Mythik. The round saw participation from Sakal Media Group, BITKRAFT, VC Grid, Visceral Capital, Jason Kothari, Shah Rukh Khan’s family office, Patni family office, Saif Saeed Ghobash, Jayanti Kannai, Pravin Jain, Marc Younan, Deepen Parikh, Samir Vora, Samarth Parekh, Anurag Goel, Nishant Aggarwal, and others. Launched by Kothari last month, Mythik is a tech-first global entertainment company aiming to bring Eastern mythology, history, and folktales to a worldwide audience for the first time and to create a "Disney from the East." Jason Kothari, Founder of Mythik, said, “We are excited about the world-class and strategic investors we have brought together and look forward to realizing Mythik’s vision and mission—to bring Eastern mythology, history, and folktales to the forefront of global entertainment and inspire happiness, peace, and hope.” The company’s founding team includes former senior executives from Disney, Netflix, Amazon Studios, Jio, and Tencent. Kothari’s entrepreneurial journey began at Wharton, where he acquired the bankrupt comic book publisher Valiant Entertainment and led its turnaround. He later sold the company to DMG Entertainment for $100 million and served as executive producer of Bloodshot, a film based on a Valiant character, starring Vin Diesel. Kothari joined Housing.com in 2015 and was named CEO following the exit of founding CEO Rahul Yadav. He later served as CEO of FreeCharge for eight months and as Chief Strategy and Investment Officer at Snapdeal for one and a half years.
View Source
Startup news and updates: Daily roundup (May 21, 2025)
YourStory
·
2m ago
Medial
MudhalVC in Tamil Nadu aims to emulate Y Combinator by funding 50 idea-stage startups, addressing early-stage entrepreneurs' challenges. Azeedo battles pests using invasive weeds, discovering unique properties in Parthenium hysterophorus. Deepa Pawar’s book 'Mann Boli' addresses mental health in marginalized communities. Mythik, led by Jason Kothari, raised $15M for media technology. TagHive launched SaathiGPT for education, and Zendesk acquired Local Measure for enhanced customer service solutions.
View Source
Mythik, Biostate AI, Zoca get funding; PaySprint eyes second tranche of Series A
VCCircle
·
2m ago
Medial
Mythik, Biostate AI, and Zoca have recently secured funding from various investors, including Accel and InfoEdge Ventures. Mythik raised $15 million for its entertainment technology business, aiming to promote Eastern mythology globally. Biostate AI received $12 million to enhance its RNA sequencing capabilities for precision medicine. Zoca garnered $6 million to expand its AI-driven marketing solutions. Meanwhile, fintech company PaySprint is preparing to raise an additional $3 million in its Series A funding round.
View Source
Kothari Industrial Corporation launches agri-products that can boost farm output
Economic Times
·
1m ago
Medial
Kothari Industrial Corporation Ltd has introduced 30 new agro-products to enhance agricultural output and meet farmers' needs. These offerings include bio and organic fertilizers, insecticides, fungicides, and neem-based variants such as Kothari Bioshakthi Gold and Kothari Neem Power. The company, led by Executive Chairman Dr. Rafiq Ahmed, aims to empower farmers and address challenges related to pests and diseases, offering solutions like drone-based spraying to improve farming practices.
View Source
Scale AI CEO stresses startup’s independence after Meta deal - The Economic Times
Economic Times
·
1m ago
Medial
Scale AI's new leader, Jason Droege, affirms independence from Meta after a significant investment. Meta will not receive preferential treatment. Former CEO Alexandr Wang joined Meta. Scale AI is expanding its application business beyond data labeling. The company aims to work with various AI models. Scale AI navigates a changing market with growing competition.
View Source
Flipkart’s Shopsy appoints new CEO under wider reorg
The Arc Web
·
1y ago
Medial
Prathyusha Agarwal, a former executive at Byju's and Unilever, has been appointed as the CEO of Flipkart's social commerce platform, Shopsy. Agarwal brings over 20 years of experience, including stints at Zee Entertainment, Tata Cliq, Star India, and allOK Tech Support. Shopsy, launched by Flipkart in 2021, focuses on affordable products, particularly in the fashion category. Shopsy's main competitor is Meesho, and Agarwal's hiring comes amidst a larger reorganization at Flipkart, with several executives departing the company.
View Source
Former Intel CEO launches a benchmark to measure AI alignment | TechCrunch
TechCrunch
·
1m ago
Medial
Former Intel CEO Pat Gelsinger, after leaving the company, has partnered with the "faith tech" company Gloo to introduce the Flourishing AI (FAI) benchmark. This initiative aims to assess how well AI models align with human values, using parameters from The Global Flourishing Study by Harvard and Baylor University. The benchmark focuses on seven categories including Character, Relationships, Happiness, Purpose, Health, Financial Stability, and Faith to gauge AI alignment with human well-being.
View Source
As profits soar, PB Fintech takes a second bite at mutual funds
Livemint
·
9d ago
Medial
PB Fintech plans to re-enter the fee-based mutual fund business under its PB Money vertical, aiming for a new revenue stream after its Q1FY26 profits soared. This initiative marks the company's second attempt following a previous venture in 2019, which evolved into a separate entity named Zfunds, led by CEO Manish Kothari, a former Paisabazaar executive. This move responds to the mutual fund industry's impressive growth, with assets reaching ₹72.2 trillion in May.
View Source
Former JSW Sports CEO launches ₹350 cr sports tech, gaming fund
Livemint
·
1y ago
Medial
Former CEO of JSW Sports, Mustafa Ghouse, and former investment director of TVS Capital and Sabre Partners, Alok Samtaney, have established a sports tech and gaming fund called Centre Court Capital (CCC). The fund, worth ₹350 crore, already has ₹200 crore pledged by investors including the Sajjan Jindal Family Trust. Other investors include Sidbi, PremjiInvest, GMR Sports, and SG Sports. CCC will focus on early-stage opportunities in the sports tech space, with plans to raise capital from international investors through an offshore feeder fund in Gift City. India's gaming sector, with 396 million gamers, is expected to grow at a CAGR of 21% over the next five years.
View Source
Deal share founders quit
Inc42
·
1y ago
Medial
Vineet Rao and Sankar Bora, founders of ecommerce company DealShare, have stepped down following layoffs and a business restructuring. Rao resigned as CEO in July and was expected to assist in appointing a new CEO, but has now left the company. Bora, the former COO, has also departed. The company is relocating its non-tech functions to Gurugram. The startup, which enables first-time online shoppers, achieved unicorn status in 2021 after raising significant funding. DealShare recently closed its B2B operations and underwent previous rounds of layoffs to reduce costs.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
