Mitron raises seed funding of Rs 2 Cr from 3One4 Capital and LetsVenture

Date posted: Saturday 4 July 2020

Indian short-form video app Mitron, hailed by many as India’s answer to now banned TikTok, has received seed funding of Rs 2 crore from 3One4 Capital and LetsVenture. Interestingly, the development comes two days after the Indian government banned 59 Chinese mobile applications, including top social media platforms such as TikTok, Helo, and WeChat, to counter the threat posed by these applications to the country’s “sovereignty and security.”

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