About Damroo
Damroo is a company based in Mumbai (India) founded in 2020 by Ram Mishra.. The company has 1 employees as of March 28, 2024. Damroo operates in a competitive market with competitors including JioSaavn, Gaana, OK Listen, Dhingana Music and Baja, among others.
- Headquarter Mumbai, India
- Employees 1 as on 28 Mar, 2024
- Founders Ram Mishra
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Hoopoe Media Private Limited
- Date of Incorporation 16 Sep, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.01 (USD)0as on Mar 31, 2023
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Net Profit
$-161.84 (USD)91.21as on Mar 31, 2023
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EBITDA
$-159.93 (USD)91.28as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1
as on Mar 28, 2024
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Funding Insights of Damroo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Damroo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Damroo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Damroo Comparisons
Competitors of Damroo
Damroo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JioSaavn, Gaana, OK Listen, Dhingana Music and Baja, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand music streaming and downloading are facilitated by JioSaavn.
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| domain | founded_year | HQ Location |
Gaana is operated as a music streaming platform.
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| domain | founded_year | HQ Location |
Online music streaming platform and music store
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| domain | founded_year | HQ Location |
Indian music is streamed on-demand through Dhingana platform.
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| domain | founded_year | HQ Location |
Regional music in Indian languages is streamed via Baja platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Damroo
Frequently Asked Questions about Damroo
When was Damroo founded?
Damroo was founded in 2020.
Where is Damroo located?
Damroo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Damroo have?
As of Mar 28, 2024, the latest employee count at Damroo is 1.
What is the annual revenue of Damroo?
Annual revenue of Damroo is $6.01 as on Mar 31, 2023.
What does Damroo do?
Damroo was established in 2020 in Mumbai, India, as an app-based music streaming platform. Non-film and independent music in various regional languages is featured. Artists are supported with services such as music marketing, distribution, royalties from streaming and downloads, and opportunities for public performances. Operations center on regional content accessibility through mobile applications.