Launch · Consumer Internet & Media
OMTV streams Indic tales, plans e-commerce and events
By Startup Enthusiast ·
- Date
- Company
- OMTV
- What it does
- streaming Indic stories
- Kind
- Launch
- Stage
- pre-seed
- Founded
- 2017
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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