Miko Technologies

Miko Technologies

Provider of AI-powered robots designed as companions for children

Founded

2015

Headquarters

Mumbai

Status

Series D

Company Details

Website

Socials

Email

Phone

+91 - 8655033245

Miko Technologies specializes in smart robotics for children and has gained international presence with its core products and business approach focused on educational enrichment and continuous engagement for kids.

Core Products and Services

  • AI-powered interactive robots (notably Miko Mini and Miko 3) designed as companions to educate, entertain, and emotionally connect with children.

  • Features include open-ended dialogues, multilingual support, visual emotional recognition, and neural voice cloning for personalized interaction.

  • Includes access to academic content, interactive games, and parental tools for monitoring learning progress and safety.

  • Miko Max, a premium subscription service, offers additional educational content and enhanced features for personalized learning experiences.

  • Provides secure, child-safe, and privacy-focused technology with certifications such as kidSAFE+ COPPA compliance

Business Model

  • Hybrid model combining direct sales of AI-powered robots and subscription services.

  • The devices are priced in the mid-range segment (around Rs 15,000–25,000).

  • Miko leverages partnerships (e.g., with iHeartMedia) to integrate audio content, expanding engagement.

  • Provides a platform for content developers to upload and monetize educational content.

  • Serves a global customer base across more than 140 countries.

Revenue Streams

  • Revenue from the sale of AI-powered educational robots.

  • Recurring revenue from premium subscription services offering additional content and features.

  • Monetization through third-party content partnerships on the platform.

  • Strategic partnerships and retail collaborations (e.g., retail presence in North America with Costco).

Key People

Sneh Vaswani

Chintan Raikar

Prashant Iyengar

Key Metrics

Total Equity Funding

$102Million

No. of Funding Rounds

19

Latest Funding Round

$10.5Million, Series D

as of November 7, 2025

Post Money Valuation

$550Million

as of August 26, 2025

Funding Multiple

3.55×

as of N/A

Investors

360 One

and 4 more

Employee Count

385

Similar Companies

Arivihan

Exit Details

No exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 7, 2025Series D$10.5Million----
October 28, 2024Series D$15.8Million$216Million--Chiratae Ventures, IvyCap Ventures Advisors, Syrma SGS
August 22, 2024Series C$2.44Million$207Million--Moneycrewfintec, Sanjiv Sarita Consulting, Polyplex, Legacy Assets
March 30, 2023Series C$6.22Million--- Sanjiv Sarita Consulting, Dkv Advisors, Polyplex
June 29, 2022Series C$10.5Million--- IvyCap Ventures Advisors, Chiratae Ventures, Kochar Sons, India Quotient, Kalaari Capital, Riidl
October 1, 2021Series C$4.48Million$93.6Million-- IvyCap Ventures Advisors, YourNest
August 11, 2021Series B$28Million---Chiratae Ventures, IvyCap Ventures Advisors, YourNest, Aroa Venture Partners, Accelerator Ventures, Shreeji Brothers, Vijaya Holdings India, Sci Search And Selection Services
April 14, 2021Series B$6.64Million--- IvyCap Ventures Advisors, Chiratae Ventures, YourNest
October 9, 2020Series A$1.8Million$36.1Million--Stride Ventures, Chiratae Ventures, YourNest, Technology Venture Partners
August 13, 2019Series A$7.5Million--- YourNest, Chiratae Ventures

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