Media

$20M for everyone to have unlimited movie streaming and so much more

February 14, 2023
Migo

Not everyone can use Netflix or Disney+! Here's Migo. This startup lets millions of Indonesians watch movies, TV series and more — even if they can't afford WiFi or spend on tons of GB per day! Now, they've just raised $20M in the first close of their Series C.

  • Launched in 2020, they have over 1,700 partners (mostly neighborhood corner stores) for their customers.
  • We wish our home WiFi was like this! Their service lets customers download a full-length movie in less than 60 seconds.

Investor check. So far, the round has been led by local media conglomerate MNC Group, and a second close will be coming soon.

🤨 Why it matters

The mass market can only afford a few GB of WiFi regularly — unlike most of us with practically unlimited WiFi at home. Yes, they can't watch Netflix, Youtube and other streaming sites if they want to binge shows and movies.

But more importantly? Having limited to no WiFi access means they can't even access online educational videos and resources and other digital products and services too.

📲 How to go on Migo

Just download the Migo app and buy a Migo pass to get access. Then, you'll be all set. Just head to a Migo partner nearby and quickly download as much content you want over their WiFi/data — and start watching.

  • Pay for what you need. They have different packages: 3,000 IDR ($0.2) for one day of Migo access, 5,000 IDR ($0.33) for 3 days, 10,000 IDR ($0.66) for 7 days or 30,000 IDR ($2) for 30 days.
  • We wish our home WiFi was this fast! Download a full-length movie in less than 60 seconds.

✅ Made possible by

The tech? Their tech allows tons of digital content to be downloaded quickly, at a low cost and with minimal noise on the internet network.

The content? While Migo doesn't have all the movies and shows, they have most of what their customers need or want to watch.

The strategy? They leverage agent networks of power users or micro-influencers in the neighborhood who are paid commissions for recruiting and onboarding new customers.

🔜 Next up

They'll be expanding their coverage to half of Indonesia's population, entering new markets outside Indonesia and improving their tech.

Oh, and they'll be growing their content library with MVN's content too!

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