Miko Technologies - About the company
Miko Technologies is a series D company based in Mumbai (India), founded in 2015 by Sneh Vaswani, Chintan Raikar and Prashant Iyengar. It operates as a Manufacturer of artificial intelligence robots designed for child educational engagement. Miko Technologies has raised $102M in funding from investors like IvyCap Ventures, Chiratae Ventures and YourNest, with a current valuation of ₹*****. The company has 56 active competitors, including 12 funded and 2 that have exited. Its top competitors include companies like Sphero, Wonder Workshop and MatataLab.
Company Details
Manufacturer of artificial intelligence robots designed for child educational engagement. These devices facilitate interactive learning through conversational interfaces, games, and educational content. The hardware includes mobile robotic units and automated board game systems that provide structured guidance for skill development. Users manage device settings, usage limits, and safety configurations through a connected software application. The products focus on problem solving, critical thinking, and creative expression for young users.
- Website
- miko.ai
- Social
- Email ID
- *****@miko.ai
- Registered Address
- Rīga, Lāpstu iela 4 - 2
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Series D
Total Funding
$102M in 20 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 03, 2026
Investors
Ranked
1st among 56 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
228 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Miko Technologies
Miko Technologies is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RN CHIDAKASHI TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2015PTC261095 , India, Active | Jan 19, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 228 (As on May 01, 2026) | |
MIKO CIN: 40103030234 , Latvia, Active | Nov 16, 1991 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
RN CHIDAKASHI TECHNOLOGIES INC. CIN: 7567957 , United States, Active | Aug 19, 2019 | - | 235 (As on Jan 31, 2025) | - |
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Miko Technologies's funding and investors
Miko Technologies has raised a total funding of $102M over 20 rounds. Its first funding round was on Jan 30, 2016. Its latest funding round was a Series D round on Aug 16, 2025 for $*****. 4 investors participated in its latest round. Miko Technologies has 51 institutional investors and 69 angel investors.
Here is the list of recent funding rounds of Miko Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 16, 2025 | 4102720 | Series D | 9429364 | 6832433 | 1059148 | 9595111 |
Oct 28, 2024 | 8092800 | Series D | 8046416 | 8350397 | 5945477 | |
Aug 22, 2024 | 7332900 | Series C | 1345337 | 8803171 |
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Miko Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Miko Technologies are Sneh Vaswani, Chintan Raikar and Prashant Iyengar. Sneh Rajkumar Vaswani is the CEO of Miko Technologies.
Here are the details of Miko Technologies' key team members:
- Sneh Vaswani: Co-Founder & CEO of Miko Technologies and founder of 2 other companies, Emotix and Miko. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Chintan Raikar: Founder of Miko Technologies and founder of 1 other company. Contact Info: 2 email addresses and 1 phone number
- Prashant Iyengar: Co-Founder & CTO of Miko Technologies and founder of 2 other companies, Miko and Emotix. Contact Info: 3 email addresses
Miko Technologies' Board of Directors
Miko Technologies's board has 6 active members. Ashish Wadhwani, Sneh Vaswani, Chetan Naik, Sudhir Kumar Sethi, Sunil Kumar Goyal and Prashant Iyengar are part of team.Here is the list of Miko Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 7m | |
Team | - | Current | 11y 7m | |
Investor | - | Current | 5y 4m | |
Investor | - | Current | 3y 9m | |
nmbslo{ | Investor | {tgki{d | Current | 3y 8m |
j{pycwb | Investor | xamtrxv | Current | 2y 8m |
View details of Miko Technologies's Founder profiles and Board Members
Miko Technologies' employee count trend
Miko Technologies has 228 employees as of May 26. The total employee count is 8.0% lower than what it was in May 25. Here is Miko Technologies's employee count trend over the years:
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Miko Technologies's Competitors and alternates
Top competitors of Miko Technologies include Sphero, Wonder Workshop and MatataLab. Here is the list of Top 10 competitors of Miko Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Miko Technologies 2015, Mumbai (India), Series D | Manufacturer of artificial intelligence robots designed for child educational engagement | $102M | 75/100 | |
2nd | Sphero 2010, Boulder (United States), Series D | Smartphone controlled robotic gaming toy for kids | $112M | 71/100 | |
3rd | Wonder Workshop 2012, Millbrae (United States), Series C | Provider of educational toys for kids | $81.8M | 63/100 | |
4th | Coding robot set to learn basic coding through games | $4.28M | 51/100 | ||
5th | PCS Edventures 1988, Boise (United States), Public | Hands-on STEM education solutions provider for schools and learning environments | - | - | 50/100 |
6th | _1569403805465.png?devicePixelRatio=2&height=30&width=30){kind=logo} TRUETRUE 2016, Seongnam-si (South Korea), Unfunded | Provider of educational robot for kids | - | - | 42/100 |
7th | Woobo 2015, Boston (United States), Series A | Provider of interactive AI-powered educational robot for kids | $1.82M | 41/100 | |
8th | ROYBI 2017, San Francisco (United States), Seed | AI-powered robot for kids education | $4.2M | 39/100 | |
9th | Provider of products and curriculum for coding education | - | - | 33/100 | |
10th | Zyrobotic 2013, Atlanta (United States), Funding Raised | Social robotic coach and smart toys | - | 32/100 |
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Miko Technologies's Latest cap tables and shareholding
Founders own 15.45%, Funds (largest shareholder) own 45.99%, Enterprises own 7.65% and Angels own 22.03%. The net worth of Miko Technologies's founders is INR 590Cr as of Jul 03, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 15.45% | 590Cr | 1378792 | 1231878 | 8638718 | 3468469 |
1768357 | 3575911 | 2418338 | 1578670 | 6353873 | 4461964 | |
Fund | 45.99% | 1,760Cr | 2867516 | 5479290 | 8947990 | 8875945 |
504756 | 374033 | 640334 | 284307 | 393542 | 430109 | |
5107 | 1652 | 2001 | 1622 | 6753 | 8854 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.65% | 292Cr | 7663658 | 7658357 | 5165513 | 2695312 |
Angel | 22.03% | 841Cr | 7623454 | 7619483 | 4354212 | 9146675 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.90% | 34.4Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 7.98% | 305Cr | 8091988 | 2070597 | 7878204 | 2223899 |
Total | 100.00% | 3,820Cr | 3386498 | 4305706 | 9516046 | 3851838 |
To unlock detailed Cap Table of Miko Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Miko Technologies's Shareholding
Miko Technologies's Investments and acquisitions
Miko Technologies has made 1 investment in Square Off and acquired Square Off.Reports related to Miko Technologies
Here is the latest report on Miko Technologies's sector:
News related to Miko Technologies
Filter this listMedia has covered Miko Technologies for a total of 4 events in the last 1 year, 1 of them has been about partnerships.
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Robotics startup Miko to raise $155 Mn at $550 Mn valuationEntrackr•Aug 25, 2025•Miko Technologies, AMDG Worldwide
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Miko introduces Miko Mini and Miko 3: transforming childhood learning and play with AI-powered roboticsWakefield Express•Jun 05, 2025•Miko Technologies
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Miko joins forces with Xplore to add new products to offeringToy World•Dec 20, 2024•Miko Technologies, Xplore Brands
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Miko set to raise Rs 28 Cr in Series C roundEntrackr•Nov 28, 2024•Miko Technologies, IvyCap Ventures
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Miko Secures $2.5 Mn Funding RoundViestories•Aug 29, 2024•Miko Technologies, Stride Ventures, Aroa Venture Partners, IvyCap Ventures and 2 others
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Biomass and biofuels marketplace BiofuelCircle raised Rs 45 Cr from Spectrum ImpactIncubees•Aug 10, 2024•BiofuelCircle, Spectrum Impact, Better Capital, Spectrum Capital and 10 others
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Educational AI-powered robot Miko to use Gemini for quality control
Indiatimes•Jul 17, 2024•Miko Technologies, Google
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With over 2X growth, Miko’s revenue crosses Rs 225 Cr in FY23Entrackr•Feb 16, 2024•Miko Technologies
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