Homegrown short-form video app Mitron has raised $5 million in a Series A round led by Nexus Venture Partners. Siddharth Pai and Pranav Pai’s 3one4 Capital and Arun Tadanki’s private syndicate on LetsVenture also participated in the round.
The company will use the fresh capital infusion to accelerate its product development to increase user engagement and hire talent. It also plans to onboard content creators on the app and invest in building the brand.
“We are committed to building Mitron as a world-class product that is designed for