MIKO AI
1 MAbout MIKO AI
A Comprehensive Overview of Price & Journey
Understanding MIKO AI Inception and Growth
MIKO AI UNLISTED SHARE PRICE
Miko AI Private Limited is a privately held company whose shares are traded in the unlisted market. Unlike listed companies Miko AI Private Limited does not have a share price determined by stock exchanges. Its unlisted share price and valuation are influenced by factors such as investor demand, market conditions, company performance, and negotiations between buyers and sellers.
This report provides an overview of Miko AI’s business, financial performance, valuation, and recent developments. It also explains how investors can access its unlisted shares and highlights key factors to consider before investing. The objective is to help readers understand the company’s business model, growth potential, and associated investment risks.
WHAT DOES MIKO AI DO?
Miko is a children’s robotics company that started in Mumbai in 2015. It was founded by three IIT Bombay graduates who wanted to build a robot that acts like a friendly companion, not just a gadget. Miko’s robots are made for children aged 5 to 10. They talk with kids, answer their questions, play games with them and help them learn along the way.
The robot combines hardware, a camera that recognises faces, and AI that understand speech. It also adapts to each child over time, so conversation and lessons feel more personal. Miko has grown from a small educational technology company into a global brand that sells its AI-powered products in more than 140 countries.
WHAT ARE THE PRODUCTS AND SERVICES IS OFFERED BY MIKO AI?
Miko AI focused on providing interactive learning and entertainment experiences for children through the use of artificial intelligence and robotics. Its business segment includes:
1.AI-POWERED ROBOTIC PRODUCTS: This segment covers physical products Miko designed, manufactures and sells, mainly AI-powered robots built for children’s learning and entertainment.
- Miko 3 is the flagship robot. It has a touchscreen face and a camera, and it can chat with children in more than one language. It’s aimed at kids aged 5 to 10.
- Miko Mini is a smaller, more affordable robot. It’s built for quick voice conversations, storytelling and music.
- Miko Chess Grand is an interactive chess board with AI-powered, automated moves, designed to help children build thinking and strategy skills through play.
2.Software and Digital Content (Miko Max): This segment focuses on the digital services, educational content and entertainment available through Mika’s robots.
- Subscription Services: Miko offers a premium subscription called Miko Max, which gives children access to a wide range of educational apps, games, stories and learning activities.
- Content partnerships: Miko works with well-known brands so children find characters and lessons they already recognise. These include Disney and Paramount for stories and shows, and Lingokids, Da Vinci Kids and Oxford University Press for learning content.
3.Developer and Partner Ecosystem
Miko has opened its platform, so child focused content creators and developers can bring their games and learning apps to the robot, which families then access through subscription.
KEY DEVELOPMENT AND KEY NEWS
1. Launch of Physical AI Foundation Models by Inner Sky Labs
Miko’s parent company has unveiled a new umbrella brand, Inner Sky Labs, and with it a suite of foundation models built for physical AI. The models cover vision, audio, touch, action and safety, which allows robots and other physical systems to understand their surroundings and carry out tasks. The launch marks a move beyond children’s educational robots into enterprise, industrial and government applications.
2. New Parental Controls for Miko Robots
In February 2026, Miko introduced an AI Conversation Toggle for its Miko 3 and Miko Mini robots. Through the Miko Parents App, parents can now switch conversational AI on or off. Children still have access to educational content, games, stories and other activities when it is off. The feature reflects the company’s emphasis on child safety, data privacy and responsible use of AI.
3. Partnership with iHeartMedia
In November 2025, Miko received $10.5 million (about ₹93.5 crore) from US-based iHeartMedia as part of a strategic partnership. iHeartMedia’s audio content will be built into Miko’s AI-powered robots, making them more entertaining and more useful for interactive learning. The partnership is expected to support Miko’s growth in North America and strengthen its position in the global consumer robotics market.
SHOW MORE...
MIKO AI UNLISTED SHARE PRICE
Miko AI Private Limited is a privately held company whose shares are traded in the unlisted market. Unlike listed companies Miko AI Private Limited does not have a share price determined by stock exchanges. Its unlisted share price and valuation are influenced by factors such as investor demand, market conditions, company performance, and negotiations between buyers and sellers.
This report provides an overview of Miko AI’s business, financial performance, valuation, and recent developments. It also explains how investors can access its unlisted shares and highlights key factors to consider before investing. The objective is to help readers understand the company’s business model, growth potential, and associated investment risks.
WHAT DOES MIKO AI DO?
Miko is a children’s robotics company that started in Mumbai in 2015. It was founded by three IIT Bombay graduates who wanted to build a robot that acts like a friendly companion, not just a gadget. Miko’s robots are made for children aged 5 to 10. They talk with kids, answer their questions, play games with them and help them learn along the way.
The robot combines hardware, a camera that recognises faces, and AI that understand speech. It also adapts to each child over time, so conversation and lessons feel more personal. Miko has grown from a small educational technology company into a global brand that sells its AI-powered products in more than 140 countries.
WHAT ARE THE PRODUCTS AND SERVICES IS OFFERED BY MIKO AI?
Miko AI focused on providing interactive learning and entertainment experiences for children through the use of artificial intelligence and robotics. Its business segment includes:
1.AI-POWERED ROBOTIC PRODUCTS: This segment covers physical products Miko designed, manufactures and sells, mainly AI-powered robots built for children’s learning and entertainment.
- Miko 3 is the flagship robot. It has a touchscreen face and a camera, and it can chat with children in more than one language. It’s aimed at kids aged 5 to 10.
- Miko Mini is a smaller, more affordable robot. It’s built for quick voice conversations, storytelling and music.
- Miko Chess Grand is an interactive chess board with AI-powered, automated moves, designed to help children build thinking and strategy skills through play.
2.Software and Digital Content (Miko Max): This segment focuses on the digital services, educational content and entertainment available through Mika’s robots.
- Subscription Services: Miko offers a premium subscription called Miko Max, which gives children access to a wide range of educational apps, games, stories and learning activities.
- Content partnerships: Miko works with well-known brands so children find characters and lessons they already recognise. These include Disney and Paramount for stories and shows, and Lingokids, Da Vinci Kids and Oxford University Press for learning content.
3.Developer and Partner Ecosystem
Miko has opened its platform, so child focused content creators and developers can bring their games and learning apps to the robot, which families then access through subscription.
KEY DEVELOPMENT AND KEY NEWS
1. Launch of Physical AI Foundation Models by Inner Sky Labs
Miko’s parent company has unveiled a new umbrella brand, Inner Sky Labs, and with it a suite of foundation models built for physical AI. The models cover vision, audio, touch, action and safety, which allows robots and other physical systems to understand their surroundings and carry out tasks. The launch marks a move beyond children’s educational robots into enterprise, industrial and government applications.
2. New Parental Controls for Miko Robots
In February 2026, Miko introduced an AI Conversation Toggle for its Miko 3 and Miko Mini robots. Through the Miko Parents App, parents can now switch conversational AI on or off. Children still have access to educational content, games, stories and other activities when it is off. The feature reflects the company’s emphasis on child safety, data privacy and responsible use of AI.
3. Partnership with iHeartMedia
In November 2025, Miko received $10.5 million (about ₹93.5 crore) from US-based iHeartMedia as part of a strategic partnership. iHeartMedia’s audio content will be built into Miko’s AI-powered robots, making them more entertaining and more useful for interactive learning. The partnership is expected to support Miko’s growth in North America and strengthen its position in the global consumer robotics market.
Fundamentals
Financials
All values are INR Cr except per share value
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Lead Institutional Investors | Venture Capital Backers | 45.38% |
| Notable Angel Backers | Early-stage & Strategic Angels | 21.79% |
| Mr. Sneh Vaswani | Co-Founder | 15.39% |
| ESOP Pool | Employee Stock Option Trust | 8.81% |
| Enterprises | Strategic Corporate | 7.74% |
| Other | Other | 0.89% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of Miko varies depending on the category of the investor:
-
Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
-
For AIF investors of Category-II are not subject to any lock-in.
-
Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
-
You can dowload the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
-
Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
-
You would also get email confirmation of credit of shares via email
-
The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
-
When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
-
Liquidity risk, unlisted shares are difficult to buy and sell,
-
Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
-
Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
-
Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.