Jason Kothari’s Mythik Secures $15 Million in Seed Funding

Jason Kothari, a former executive at Snapdeal, has successfully raised $15 million in a seed funding round for his latest venture, Mythik. This funding round witnessed contributions from Sakal Media Group, BITKRAFT, VC Grid, Visceral Capital, Jason Kothari himself, Shah Rukh Khan’s family office, the Patni family office, Saif Saeed Ghobash, Jayanti Kannai, Pravin Jain, Marc Younan, Deepen Parikh, Samir Vora, Samarth Parekh, Anurag Goel, Nishant Aggarwal, and various other investors.

Introduction to Mythik

Launched by Kothari last month, Mythik aims to establish itself as a tech-driven global entertainment company, focusing on introducing Eastern mythology, history, and folktales to an international audience like never before, with aspirations to create a “Disney from the East.”

Jason Kothari, the Founder of Mythik, expressed excitement about the impressive and strategic group of investors involved, stating that they anticipate bringing Mythik’s vision to life—to place Eastern stories at the core of global entertainment, inspiring happiness, peace, and hope.

Founding Team of Mythik

The founding team comprises seasoned professionals from notable companies such as Disney, Netflix, Amazon Studios, Jio, and Tencent.

Kothari’s Entrepreneurial Journey

Kothari’s entrepreneurial path commenced at Wharton, where he took over the financially troubled comic book publisher Valiant Entertainment and successfully executed its turnaround. He later sold the company to DMG Entertainment for $100 million and played a key role as the executive producer for the film Bloodshot, which is based on a Valiant character and stars Vin Diesel.

In 2015, Kothari joined Housing.com and was appointed as CEO after the founding CEO Rahul Yadav stepped down. He then served as CEO of FreeCharge for eight months before taking the position of Chief Strategy and Investment Officer at Snapdeal for one and a half years.