Mivi
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Mivi - overview
Location
Hyderabad, -, India
Primary Industry
Electronics
About
Based in Hyderabad, India, Seminole Electronics Pvt Lit dba Mivi is a consumer electronics brand co-founded by Midhula Devabhaktuni. The company opened its own manufacturing unit in India in 2020. Mivi, as of 2022, has over 700 employees. In January 2022, Seminole Electronics Pvt Ltd raised Venture debt from new investor N+1 Capital.
The company specializes in audio gadgets and sells products including cables, chargers, speakers, earphones, and headphones. Mivi also provides a warranty on those products. The company’s electronic products are manufactured in India. The products are targeted toward the Indian population for those who want domestically made gadgets at an affordable price.
The company will use the funding from N+1 Capital to strengthen its in-house capabilities and help expand its presence across new verticals. In addition, Mivi plans to launch multiple products in 2022.
Current Investors
N+1 Capital
Primary Industry
Electronics
Sub Industries
Consumer Products
Website
www.mivi.in
Verticals
E-commerce
Total Amount Raised
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