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Mivi
Electronics · Audio
Bootstrapped (venture debt)India
HQHyderabad, India
Founded2015
FoundersViswanadh Kandula, Midhula Devabhaktuni
RegionIndia
Financials
FY24 RevenueFY24 not separately disclosed
FY25 Revenue~₹300 Cr (FY25); targets ₹1,000 Cr FY26
YoY growth~80% claimed FY24→FY25
Profitabilityprofitable
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores—
Tech stack
Primary stackUnknown
Shopify share—
Mobile appNo
Stack signals
mivi.in (platform unverified)
Analyst notes
Seminole Electronics. Bootstrapped (venture debt from N+1 Capital Jan 2022). FY25 ~₹300 Cr; targets ₹1,000 Cr FY26. Profitable from day one per founders. India's first audio R&D + mfg unit (Hyderabad).
Confidence: directionalVerified 5 Jun 2026
Funding
Latest roundVenture debtJan 2022
Round sizeundisclosed
Total raised—
Valuationunverified
Investors
N+1 Capital (debt)
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