Miko - About the company
Miko is a series D company based in Mumbai (India), founded in 2015 by Sneh Rajkumar Vaswani, Chintan Raikar and Prashant Iyengar. It operates as a Developer of AI-powered educational robots and interactive learning tools for children. Miko has raised $102M in funding from investors like IvyCap Ventures, Chiratae Ventures and YourNest, with a current valuation of ₹*****. The company has 74 active competitors, including 15 funded and 2 that have exited. Its top competitors include companies like Skillmatics, Sphero and Wonder Workshop.
Company Details
Developer of AI-powered educational robots and interactive learning tools for children. The company creates advanced consumer robotics designed to foster creativity, critical thinking, and social development in young learners. Its product line includes intelligent robots and interactive gaming boards that utilize artificial intelligence to provide personalized, age-appropriate educational experiences. By integrating robotics with adaptive learning technology, the company offers tools that engage children through interactive play while maintaining safety and privacy standards. These solutions are designed to support skill-building in areas such as problem-solving, communication, and cognitive development.
- 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
3rd among 74 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
Miko 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's funding and investors
Miko 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 $*****. 5 investors participated in its latest round. Miko has 51 institutional investors and 69 angel investors.
Here is the list of recent funding rounds of Miko:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 16, 2025 | 1386704 | Series D | 8809082 | 9709621 | 2693379 | 7699980 |
Oct 28, 2024 | 4245149 | Series D | 7994735 | 1147764 | 2346442 | |
Aug 22, 2024 | 3437974 | Series C | 4417484 | 9297024 |
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Miko's founders and board of directors
Founder? Claim ProfileThe founders of Miko are Sneh Rajkumar Vaswani, Chintan Raikar and Prashant Iyengar. Sneh Rajkumar Vaswani is the CEO of Miko.
Here are the details of Miko's key team members:
- Sneh Rajkumar Vaswani: Co-Founder & CEO of Miko 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: Co-Founder & COO of Miko and founder of 1 other company. Contact Info: 2 email addresses and 1 phone number
- Prashant Iyengar: Co-Founder & CTO of Miko and founder of 2 other companies, Miko and Emotix. Contact Info: 3 email addresses
Miko's Board of Directors
Miko's board has 6 active members. Ashish Wadhwani, Sneh Rajkumar Vaswani, Chetan Naik, Sudhir Kumar Sethi, Sunil Kumar Goyal and Prashant Vyankatesh Iyengar are part of team.Here is the list of Miko's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 7m | |
Team | - | Current | 11y 7m | |
Investor | - | Current | 5y 4m | |
Investor | - | Current | 5y 4m | |
exuqjeh | Investor | oyiv{n{ | Current | 5y 8m |
drfw{ex | Investor | - | Past | 6y 7m |
View details of Miko's Founder profiles and Board Members
Miko's employee count trend
Miko 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's employee count trend over the years:
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Miko's Competitors and alternates
Top competitors of Miko include Skillmatics, Sphero and Wonder Workshop. Here is the list of Top 10 competitors of Miko, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Skillmatics 2016, Covina (United States), Series B | Manufacturer of educational toys and games for children of all | $23.8M | 72/100 | |
2nd | Sphero 2010, Boulder (United States), Series D | Smartphone controlled robotic gaming toy for kids | $112M | 71/100 | |
3rd | Developer of AI-powered educational robots and interactive learning tools for children | $102M | 67/100 | ||
4th | Wonder Workshop 2012, Millbrae (United States), Series C | Provider of educational toys for kids | $81.8M | 63/100 | |
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 | Online platform providing digital skill development solutions for children | $38.2M | 39/100 | ||
10th | Coding robot set to learn basic coding through games | $4.28M | 39/100 |
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Miko'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'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 | 8506387 | 5849355 | 7097205 | 6213802 |
6529411 | 2830283 | 4295804 | 1153173 | 4743480 | 3645711 | |
Fund | 45.99% | 1,760Cr | 8654165 | 6431392 | 2290415 | 2550689 |
870975 | 980489 | 496774 | 112768 | 295519 | 789977 | |
2036 | 7933 | 4073 | 3215 | 3874 | 4398 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 7.65% | 292Cr | 4154710 | 6456678 | 1943820 | 3037485 |
Angel | 22.03% | 841Cr | 9744825 | 8177167 | 2162369 | 8825036 |
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 | 3772259 | 9644644 | 5944201 | 2783503 |
Total | 100.00% | 3,820Cr | 6889982 | 8842028 | 4773696 | 9147368 |
To unlock detailed Cap Table of Miko 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's Shareholding
Miko's Investments and acquisitions
Miko has made 2 investments in Square Off and Funky Monkeys and acquired Square Off.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 12, 2022 | Investments | 2016 | Newark (United States) | |
Oct 05, 2022 | Acquisition | 2016 | Newark (United States) | |
Apr 27, 2022 | Investments | 2012 | Mumbai (India) |
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Here is the latest report on Miko's sector:
News related to Miko
Filter this listMedia has covered Miko for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
•
Robotics Startup Miko Raises $10 Mn From iHeartMediaInc42•Nov 07, 2025•iHeartMedia, Miko, Chiratae Ventures
•
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Robotics startup Miko to raise $155 Mn at $550 Mn valuationEntrackr•Aug 25, 2025•Miko, 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
•
Miko joins forces with Xplore to add new products to offeringToy World•Dec 20, 2024•Miko, Xplore Brands
•
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Miko Secures $2.5 Mn Funding RoundViestories•Aug 29, 2024•Miko, 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
•
Educational AI-powered robot Miko to use Gemini for quality control
Indiatimes•Jul 17, 2024•Miko, Google
•
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