VC Fund Investments
AI-based music startup Beatoven.ai raises Rs.11-Cr led by Capital 2B
Bengaluru-based music startup Beatoven.ai has raised INR 11 crore in a pre-Series A funding round led by Capital 2B, with participation from Entrepreneur First, IvyCap Ventures, Upsparks Capital, Rukam Capital, and others. The company plans to use the funds to develop a scalable go-to-market strategy and improve user experience.Launched in 2021 by Mansoor Rahimat Khan and Siddharth Bhardwaj, the AI-powered music tech startup provides music composers and content creators with royalty-free, mood-based, music created using AI solutions that the company develops.In 2022, Beatoven had raised USD 1 million as part of its seed round from Redstart Labs, a subsidiary of Info Edge and ?UK-based Entrepreneur First.
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