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Divo - About the company

Divo is an acquired company based in Chennai (India), founded in 2012 by Miro Yanev. It operates as a YouTube-based multi-channel network. The company has 233 active competitors, including 20 funded and 30 that have exited. Its top competitors include companies like Studio71, Maker Studios and All Def Digital.

Company Details

YouTube-based multi-channel network. It is a multi-channel network and content distributor across digital and mobile platforms including YouTube, iTunes, Amazon, Google Play.
Website
divo.in
Social
Facebook
Registered Address
NO. 16/19, SUBRAMANIA NAGAR 1 STREET KODAMBAKKAM, Chennai, CHENNAI, Tamil Nadu, India, 600024
Key Metrics
Founded Year
2012
Location
Chennai, India
Stage
Acquired
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
18 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Warner Music Group (Feb 08, 2023)

Divo's acquisition details

Divo got acquired by Warner Music Group on Feb 08, 2023.
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Divo's funding and investors

Divo has not raised any funding rounds yet.

Divo's founders and board of directors

Founder? Claim Profile
The founders of Divo is Miro Yanev.
Here are the details of Divo's key team members:

Divo's employee count trend

Divo has 18 employees as of Mar 26. The total employee count is 28.0% lower than what it was in Mar 25. Here is Divo's employee count trend over the years:
Employee count trend for Divo
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Divo's Competitors and alternates

Top competitors of Divo include Studio71, Maker Studios and All Def Digital. Here is the list of Top 10 competitors of Divo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Studio71
Studio71
2011, Beverly Hills (United States), Acquired
Multi channel network for creators
$55.9M
66/100
2nd
Logo for Maker Studios
Maker Studios
2009, Culver City (United States), Acquired
Multi-channel network for artists
$88.9M
52/100
3rd
Logo for All Def Digital
All Def Digital
2013, Los Angeles (United States), Acquired
Online platform offering entertainment content
$15M
48/100
4th
Logo for BBTV
BBTV
2005, Vancouver (Canada), Public
MCN platform provider
-
-
48/100
5th
Logo for Divo
Divo
2012, Chennai (India), Acquired
YouTube-based multi-channel network
-
-
48/100
6th
Logo for ONErpm
ONErpm
2010, New York City (United States), Unfunded
Music distribution and royalty management solutions for artists
-
-
46/100
7th
Logo for StyleHaul
StyleHaul
2010, Los Angeles (United States), Acquired
MCN for fashion
$16.9M
45/100
8th
Logo for Bent Pixels
Bent Pixels
2009, Las Vegas (United States), Funding Raised
Digital rights management solutions provider for YouTube
-
45/100
9th
Logo for METUB
METUB
2014, Ho Chi Minh City (Vietnam), Series B
YouTube certified online social video platform to promote talent
$21.5M
45/100
10th
Logo for Treasurer Hunter
Treasurer Hunter
2015, Seoul (South Korea), Series A
YouTube-based multi-channel network
$13.9M
44/100
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Financials of DivoFY 25 Available

DIVO TV PRIVATE LIMITED, the legal entity associated with Divo, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of DIVO TV PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 59% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
2315
4071
6822
9299
8055
Total Sales
5015
7710
6348
3136
7345
Total Expenses
7222
1300
1732
9254
7660
Operating Expenses
7816
9893
6504
5185
7210
Employee Expenses
5905
6197
9662
1187
4262
Marketing Expenses
2702
6889
7160
9004
6292
Operating Income (EBIT)
9857
3887
5515
6101
3572
Interest Expenses
9065
2505
2367
4015
7605
Expenses from other activities
1604
6917
9271
2741
3530
Information Technology Expenses
8459
1704
9519
3732
4997
EBITDA
9443
9464
6873
4878
3729
Taxes
5837
8064
4050
5380
6778
Net Profit
2415
8412
4504
7608
5573
Balance Sheet
Assets
8143
4060
3706
5532
7721
Cash Equivalent
7525
3646
2265
9604
2622
Accounts Receivables
1856
6521
1029
6491
5873
Inventory
9002
7794
8550
9590
2632
Liabilities
1742
6224
6161
3713
8132
Total Debt
7594
3694
1352
4362
2934
Accounts Payable
9497
8471
6672
8920
1935
Equities
5500
2495
6559
7887
6812
Cashflow Statement
Cash from Operating activities
8329
4993
2807
3967
1134
Cash from Investing activities
4870
8222
8543
8236
9710
Net cash from Financing activities
4944
6880
5572
8632
9626

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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Divo's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Divo's Investments and acquisitions

Divo has made no investments or acquisitions yet.

Reports related to Divo

Here is the latest report on Divo's sector:

News related to Divo

Media has covered Divo for 1 event in last 1 year, It was about people movement.
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