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Mythik Secures $15M Seed Round to Bring Eastern Mythology to the Global Stage

by Ishaan Negi
May 22, 2025
in Business, Markets, News, Tech, Trending, World
Reading Time: 4 mins read
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Mythik Secures $15M Seed Round to Bring Eastern Mythology to the Global Stage

Credits: Ascendants

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In a groundbreaking move for India’s media-tech and entertainment landscape, entrepreneur Jason Kothari has launched Mythik, a visionary new startup that aims to bring Eastern mythology and historical narratives to the global stage. Backed by an impressive $15 million seed round—the largest in the sector’s history—Mythik is setting out to become the “Disney from the East.”

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Jason Kothari launches entertainment company Mythik

Credits: BestMediaInfo

In this article, we will explore how Mythik is poised to revolutionize global entertainment by blending Eastern mythology with cutting-edge technology, backed by a powerhouse team and record-breaking funding to create immersive stories for a worldwide digital audience.

A Powerful Vision Rooted in Ancient Stories

At the heart of Mythik lies a simple yet ambitious idea: to harness the cultural wealth of the East—India, Southeast Asia, and the Middle East—and reimagine it through modern, immersive storytelling. The company claims that the stories it aims to tell already have a built-in global audience of 3.5 billion people. From heroic legends and folklore to spiritual epics, these tales are timeless in theme and universal in appeal.

“We want to tell stories that promote happiness, peace, and hope, and do so through immersive experiences that feel both modern and timeless,” Kothari said in a statement.

Star-Studded Backing for a Big Dream

Mythik’s bold mission has attracted a stellar lineup of investors, combining institutional strength with individual star power:

  • Shah Rukh Khan’s Family Office

  • BITKRAFT Ventures – a leader in gaming and interactive content

  • Sakal Media Group

  • VC Grid, Visceral Capital, Patni Family Office

  • Jaynti Kanani, co-founder of blockchain giant Polygon

  • Saif Saeed Ghobash, Secretary General of the Abu Dhabi Executive Council

  • Several other seasoned investors including Pravin Jain (Tridiagonal AI), Marc Younan (Redbird Capital), and Deepen Parikh (Courtside Ventures)

The funding round also saw participation from noted individuals such as Samir Vora, Samarth Parekh, Anurag Goel, and Nishant Aggarwal. Kothari himself invested in the venture, calling it a “powerful validation of Mythik’s vision.”

A Dream Team from Global Entertainment Giants

Mythik is not short on firepower when it comes to talent. The founding team includes senior executives from Disney, Netflix, Amazon Studios, Tencent, and Jio—bringing together decades of experience in entertainment, storytelling, and global distribution. With such a seasoned team, Mythik stands uniquely positioned to bridge cultural richness and commercial scale.

Jason Kothari’s own resume is impressive. He previously revived Valiant Entertainment, produced the Hollywood film Bloodshot starring Vin Diesel, and held leadership positions at Housing.com, Snapdeal, and FreeCharge.

Tech-Enabled Storytelling for a Digital Generation

What makes Mythik stand apart is its fusion of culture with technology. The company will use gaming engines, AI, and immersive design tools to create content that resonates with the digital-native Gen Z and millennial audience.

Formats will span:

  • Animated series

  • Interactive games

  • Comic books and graphic novels

  • Eventually, high-budget live-action films

The approach is transmedia—designed to build entertainment franchises, not just standalone hits, much like Marvel or Star Wars.

Tapping into a Global Shift

Mythik’s launch comes at a strategically perfect time. The success of non-Western content like RRR, Squid Game, and Demon Slayer has signaled a massive appetite for culturally distinct stories worldwide. With Hollywood facing saturation, global audiences are increasingly looking East for fresh, meaningful narratives.

Industry experts believe Mythik is poised to fill a gaping hole in the global content market, with both creative authenticity and commercial potential.

Jason Kothari Launches Mythik to Bring Eastern Mythology to Global  Audiences | Entrepreneur

Credits: Entrepreneur

A New Era for Eastern Entertainment?

Mythik isn’t just launching a company—it’s launching a movement. One that seeks to reclaim and repackage Eastern heritage for a global audience through cutting-edge tech, seasoned storytelling, and emotionally resonant themes.

If successful, Mythik could lead a new era of culturally rooted, globally loved content—making India and the broader East not just content consumers but content creators at the highest level.

Tags: #Jason_Kothari#Mythik#shah_rukh_khanfunding
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Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

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