About Damroo
Damroo is a company based in Mumbai (India) founded in 2020 by Ram Mishra. Damroo has raised $519.38 thousand across 1 funding round from investors including Hindustan Times. 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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Total Equity Funding
$519.38 K (USD)
in 1 rounds
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Latest Funding Round
$519.38 K (USD), Seed
May 19, 2026
- Investors
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Employee Count
1
as on Mar 28, 2024
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Funding Insights of Damroo
Damroo has successfully raised a total of $519.38K through 1 strategic funding round. The most recent funding activity was a Seed round of $519.38 thousand completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Damroo
Damroo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hindustan Times.
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Investor details for Damroo
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Investments & Acquisitions by Damroo
Investment portfolio details for Damroo
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Financial Statements - Damroo
Detailed financials for Damroo
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Damroo Comparisons
Peer comparison for Damroo
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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.
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On-demand music streaming and downloading are facilitated by JioSaavn.
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Gaana is operated as a music streaming platform.
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Online music streaming platform and music store
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Indian music is streamed on-demand through Dhingana platform.
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Regional music in Indian languages is streamed via Baja platform.
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Detailed competitors of Damroo
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Latest news on Damroo
Complete news archive for Damroo
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Frequently Asked Questions about Damroo
Damroo was founded in 2020 and raised its 1st funding round 6 years after it was founded.
Damroo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Damroo is a funded company, having raised a total of $519.38K across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Damroo is 1.
Annual revenue of Damroo is $6.01 as on Mar 31, 2023.
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.
Damroo has 1 investor. Key investors include Hindustan Times.