Mivi has raised an undisclosed amount from N+1 Capital in the debt funding round. The fresh capital will further bolster the company's in-house capabilities, helping it expand its presence across new verticals.
Realising the lack of homegrown high-quality audio gadgets in the Indian market, the brand strives to elevate its consumer electronics industry to the next level through its high-quality "Made in India" gadgets at affordable prices.