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Beatoven.ai, an AI music startup, has raised Rs 11 billion in pre-Series A funding led by Capital 2B with participation from Entrepreneur First, IvyCap Ventures, Upsparks Capital, Rukam Capital and others.
In 2022, it raised US$1 million from Redstart Labs, a subsidiary of, as part of a seed round. Info Edge and UK-based entrepreneur First.
The company plans to use the funding to establish a scalable go-to-market strategy and improve the overall user experience.
Mansoor Rahimat Khan, Founder and CEO of Beatoven.ai said: “We believe there is tremendous opportunity in the market we are pursuing. Within approximately one year of launch, our product has experienced tremendous growth, with 96 and 1 million users. % of our revenue comes from global markets such as the US, Europe, and South Korea, and our products are present in over 100 countries. With the right team and technology, We strongly believe that we can emerge as the Gen AI leader in the world India.”
The AI-powered music technology startup, founded in 2021 by Mansoor Rahimat Khan and Siddharth Bhardwaj, offers music composers royalty-free and affordable mood-based music created using its AI solutions. and content creators, filling a gap in the industry. Develop.
The startup claims it has already partnered with over 200 musicians and intends to collaborate with at least 500 artists in the next few years. This platform, which has more than 1 million customers worldwide, derives 96% of its revenue from international markets.
“Beatoven.ai recognizes that building successful Gen-AI music products requires not only advanced AI models, but also a deep passion for music and audio technology,” said Amit Behl, Partner at Capital 2B. The company’s natural user growth is a positive sign and we are confident that these can emerge as the leading consumer Gen-AI products from India.”
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