Jason Kothari, former CEO of Housing.com and FreeCharge, has secured $15 million in seed funding for his new entertainment venture Mythik, which aims to bring Eastern mythology, history and folktales to a global audience. In a separate development, startup investor and podcast host Aarthi Ramamurthy has launched a new venture capital firm.
Mythik raises $15m seed funding
Jason Kothari, former CEO of Housing.com and FreeCharge, has secured $15 million in seed funding for his new entertainment venture Mythik.
The funding also 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, the startup said in a statement.
Mythik is a tech-first global entertainment company that aims to bring Eastern mythology, history and folktales to a worldwide audience.
“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,” Kothari said.
Aarthi Ramamurthy launches $20m fund
Startup investor and podcast host Aarthi Ramamurthy has launched venture capital firm Schema Ventures, with a $20 million fund. The fund will back early-stage startups founded by “exceptional outsider founders”, Ramamurthy said in a LinkedIn post on Wednesday (May 21).
“I grew up an outsider. I moved to San Francisco, built two startups, and shipped products at Microsoft, Netflix, and Meta. My story—figuring it out without a roadmap—is the blueprint for Schema,” the post read.
Schema will focus on the earliest stages of companies across various fields, including industrial software, robots and intelligence for factories, construction and logistics, workflow intelligence and developer tools and infrastructure.
