Total amount raised
$111 Million
Latest funding date
2019-10-30
Location
MX Player has successfully raised significant funding over multiple rounds, establishing itself as a prominent player in the streaming industry. The platform offers a diverse range of entertainment options, including movies, web series, TV shows, and international dramas.
Keep reading to explore the intricacies of MX Player's fundraising journey and the investors backing this dynamic platform.
What Is MX Player?
MX Player is a comprehensive OTT platform that provides free access to a vast library of movies, web series, TV shows, and international dramas. It supports multiple languages and genres, catering to a diverse audience.
The platform also features original content and allows users to create playlists and wish lists. It is accessible on various devices, including laptops, TVs, mobile phones, and other smart devices.
Operating within the entertainment and media industry, MX Player stands out as a versatile streaming service offering a wide range of entertainment options.
How Much Funding Has MX Player Raised?
- Series A
- Amount Raised: USD 110,800,000
- Date: October 2019
- Lead Investors: Tencent
MX Player has raised a total of USD 110,800,000 in funding.
Key Investors
- Tencent
- Details: Tencent is a Chinese multinational conglomerate holding company, known for its various internet-related services and products. It is one of the world's largest technology companies and a major player in the global entertainment industry.
- Investment Focus Areas: Social media, gaming, fintech, artificial intelligence, cloud computing
- Notable Investments: Epic Games, Spotify, Tesla
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