# Apalya Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apalya-technologies-pvt

- Industry: Media
- Headquarters: Hyderabad, India
- Website: www.mimobi.tv
- Total disclosed funding: $18M
- Latest round: Series C (Feb 19, 2013)
- Investors on record: 6

## About

Apalya Technologies Pvt. Ltd. is a digital media solutions provider, specializing in interactive content delivery through its streaming service, Mimobi.tv, catering to diverse audiences seeking quality video content.Founded in 2005, Apalya Technologies Pvt. Ltd. operates from Hyderabad, India, focusing on digital media solutions. The company was acquired by Arre in December 2015 for INR 200 million to INR 250 million. The CEO of the company is Caio Coelho, while the founder, Shiva Bayyapunedi, has a background in technology and media ventures.Mimobi.tv specializes in providing digital media solutions that enhance user engagement and content delivery across various platforms. Their core offerings include a comprehensive streaming service that delivers a wide array of video content, focusing on both entertainment and educational materials. This service addresses the growing demand for on-demand viewing experiences, catering primarily to individual consumers who seek flexible access to media. Additionally, the company targets businesses in the education and corporate sectors, offering tailored packages that enable institutions to leverage their platform for training and development purposes. Geographically, Mimobi.tv's services are available in key markets across North America, Europe, and select regions in Asia, ensuring a broad reach to diverse audiences.Mimobi.tv generated revenue of INR 3,896,628.80 in 2023 with an EBITDA of INR 875,780.20. The company employs a multi-faceted revenue structure that includes subscription-based models and partnerships with content providers, with clients engaging in annual or monthly subscription agreements. Custom solutions are provided to educational institutions and corporate clients, billed based on usage or licensing agreements. Flagship products encompass premium subscription tiers that offer enhanced access to original programming and specialized content.Following the acquisition by Arre in December 2015, Apalya Technologies plans to expand its service offerings and geographic reach. The company is actively developing new products and enhancing its platform capabilities, targeting markets in Asia and Europe for future growth. The recent funding will facilitate these expansions, aiding in the development of new features and content partnerships to enhance the user experience. With an emphasis on tailored solutions for educational and corporate sectors, Apalya Technologies aims to solidify its presence in the digital media landscape.

## Funding rounds

- Series C, Feb 19, 2013, $7.9M — Cisco Systems, Kalaari Capital, Chiratae Ventures, Qualcomm Ventures, Indousequities
- Series B, Jan 3, 2011, $6M — Kalaari Capital, Chiratae Ventures, Qualcomm Ventures
- Series A, Sep 10, 2010, $1.1M — Chiratae Ventures, Qualcomm Ventures
- Series A, Apr 8, 2010, $2.3M — Chiratae Ventures, Qualcomm Ventures
- Angel, Apr 24, 2008, $0.8M — Mumbai Angels

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Angel
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A, Series B, Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A, Series B, Series C
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series B, Series C
- Cisco Systems — Series C
- Indousequities — Series C