PE-VC Fund Investments
Music-tech co. Madverse raises funding led by Ahdritz Capital
New Delhi-based music technology company Madverse Music Group has received its first institutional funding round led by Ahdritz Capital (personal investment vehicle of Willard Ahdritz, the founder of US-based Kobalt Music Group), with participation from investors including SumoSan Ventures, 10X Global and Marigold Capital.Founded in 2023 by Rohan Nesho Jain, Madverse provides AI-enabled infrastructure for music distribution, publishing, marketing and fan engagement. The platform claims to support more than 2 lakh independent artists and labels across 45 countries and has facilitated over 3 billion streams.The company plans to use the investment to expand its AI-powered technology, rights management, distribution and artist services globally. Madverse works with artists such as Nucleya, Neeti Mohan and Rishabh Rikhiram while helping creators retain ownership and control of their content.
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