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Launch · Consumer Internet & Media

OMTV streams Indic tales, plans e-commerce and events

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Date
Company
OMTV
What it does
streaming Indic stories
Kind
Launch
Stage
pre-seed
Founded
2017
Sector
Consumer Internet & Media

What they do

OMTV is a streaming platform founded in 2017 by Nitin Jai Shukla, focusing on authentic Indic storytelling

What happened

The platform has 4 lakh users globally and is backed by a pre-seed round in 2024, though the amount is undisclosed

Why it matters

OMTV plans to expand into e-commerce for Indian goods and cultural events, but a theme park is not confirmed

The details

  • OMTV is a streaming platform founded in 2017 by Nitin Jai Shukla, who previously worked on mythological content for Star, Hotstar, and Eros Now.
  • The platform focuses on authentic Indic storytelling, aiming to fill a gap left by mainstream media.
  • OMTV has 4 lakh users globally and operates in 158 countries.
  • The platform was initially self-funded, later joined by Nitin's wife as co-founder and a family friend as investor.
  • OMTV faced challenges like server crashes during high-traffic events such as Ram Mandir and Mahakumbh 2024.
  • A pre-seed round in 2024 helped fuel growth, with a focus on content over flashy technology.
  • OMTV uses vertical videos to engage younger audiences and balances depth with short-form appeal.

The bigger picture

  • OMTV's focus on Indic storytelling taps into a growing demand for cultural education among young parents.
  • The platform's success is attributed to emotional resonance and impactful storytelling, such as the Gita tale 'Kalam'.
  • Live events have increased engagement, proving the appeal of niche content.
  • Nitin Jai Shukla's background in media and his father's influence as a Vedic scholar helped shape OMTV's mission.

About the business

  • OMTV is a streaming platform that focuses on Indic storytelling, offering content that blends tradition with modern presentation.
  • The platform targets a global audience, with users in 158 countries.
  • OMTV's content includes mythological and spiritual stories, aimed at educating and engaging younger audiences.
  • The platform uses vertical videos to cater to short-form content consumption trends.
  • OMTV plans to expand into e-commerce for authentic Indian goods and cultural events.

What happens next

  • OMTV plans to expand into e-commerce for authentic Indian goods.
  • The platform aims to host cultural events and may explore education initiatives.
  • Nitin Jai Shukla envisions a spirituality theme park, though this is not confirmed.

The deal

Type
pre-seed

Investors

  • Nitin's wife (co-founder) — Co-founder of OMTV, though details about her background are not provided.
  • family friend (investor) — Invested in OMTV, though details about their background are not provided.

Founders

  • Nitin Jai Shukla, founder
  • Nitin's wife, co-founder
  • family friend, investor

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