MitronTV, India’s TikTok alternative, raises ₹2 cr seed funding

Bengaluru: Homegrown social video app MitronTV has raised ₹2 crore as a part of its seed round from venture capital firm 3one4 Capital as well as a LetsVenture syndicate led by Arun Tadanki.

The investment comes just after the Indian government banned 59 Chinese apps, including ByteDance-owned TikTok.

MitronTV plans to use the funds to accelerate its product development roadmap, engage more deeply with a wide network of Indian content creators, and hire talent to scale the tech infrastructure.

Founded by two computer science engineers, Shivank Agarwal and Ankit Khandelwal, Mitron app is a short-form social video app that allows users to create, upload, view, and share entertaining short videos, similar to China’s TikTok.