Angel Investments
Music commerce platform SpinItUp raises Rs.50-L
Pune-based music commerce platform SpinItUp has raised INR 50 lakh in a pre-seed funding round, led by Zee TV Ideabaaz Titans-Jimmy Mistry of Della Adventure Resorts, Anupam Bansal of Liberty Shoes, and Archana Jehagirdar of Rukam Capital. The company was valued at INR 10 crore in this round.SpinItUp connects club-goers with DJs by allowing customers to pay to request songs during live sets. It provides a platform for DJs to monetise their performances, for clubs to gain customer insights, and for partygoers to request their favourite songs. The company plans to use the new funds to enhance its technology stack, improve platform experience, expand network, and establish venture partnerships.SpinItUp will also focus on marketing and creator acquisition to onboard DJs across major nightlife cities, contributing to its pan-India footprint.
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