About Damroo
Damroo is a Media & Entertainment company based in Mumbai (India) founded in 2020 by Ram Mishra. Regional music is streamed via an app-based platform. Damroo has raised $519.38 thousand across 1 funding round from investors including Hindustan Times. The company has 1 employees. Its Indian entity Hoopoe Media Private Limited reported revenue of ₹1.6 Lakh. Its focus areas include Consumer, Music Tech, Streaming and On Demand. Its competitors include JioSaavn, Gaana and OK Listen; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 1
- Founders Ram Mishra
- SectorsMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website damroo.co
- Social LinkedIn X Facebook
- Legal Name Hoopoe Media Private Limited
- Date of Incorporation 16 Sep, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.6 Lakh
FY 2024 · +31711% YoY
- Net Loss-₹34,622
FY 2024 · -22% margin
- EBITDA-₹34,217
FY 2024 · -22% margin
- Total Equity Funding$519.38K (USD)
in 1 rounds
- Latest Funding Round$519.38K (USD), Seed
May 2026
- Investors
- Employee Count1
Associated legal entities of Damroo
Damroo operates through Hoopoe Media Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hoopoe Media Private Limited CIN U72900MH2020PTC346163 | Active | 16 Sep 2020 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
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.
- Total Funding $519,380
- Total Rounds 1
- Last Round Seed — $519,380
- First Round $519,380
(May 2026)
- Investors Count 1
All 1 funding rounds of Damroo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $519,380 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Damroo
Damroo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hindustan Times.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| hindustantimes.com |
Investor details for Damroo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hoopoe Media Private Limited (Damroo)
Hoopoe Media Private Limited is the primary company behind Damroo. The board of Hoopoe Media Private Limited currently have 2 directors; the longest-serving is Ram Krishna Mishra, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ram Krishna Mishra DIN 08589098 | Director | 16 Sep 2020 | 6 yrs 1 mo | Hoopoe Media Private Limited |
| Soumya Mishra DIN 03454603 | Director | 16 Sep 2020 | 6 yrs 1 mo | Hoopoe Media Private Limited |
People of Damroo
1 people are tracked at Damroo (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Damroo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Damroo
Figures of Hoopoe Media Private Limited, the primary company behind Damroo, for FY 2024. Revenue was ₹1.6 Lakh (+31711% year on year). Net loss was -₹34,622 (-22% margin). EBITDA was -₹34,217 (-22% margin).
- ₹1.6 LakhRevenue · FY 2024 · +31711% YoY
- -₹34,622Net loss · -22% margin
- -₹34,217EBITDA · -22% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Hoopoe Media Private Limited are on its company page.
Detailed financial statements for Damroo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Timeline of Damroo
2 dated milestones of Damroo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Damroo is founded.
- Funding First funding round of $519K.
Competitors of Damroo
Damroo has 3 listed competitors in our database, 2 of them funded. They include JioSaavn, Gaana and OK Listen.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jiosaavn.com | 2007 | Mumbai, India | $100M | 269 | On-demand music streaming and downloading are facilitated by JioSaavn. | |
| gaana.com | 2010 | Noida, India | $242.04M | Gaana is operated as a music streaming platform. | ||
| oklisten.com | 2012 | Mumbai, India | Online music streaming platform and music store |
Detailed competitors of Damroo
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Damroo
The website of Damroo (damroo.co) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 23.1% vs previous month
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Related news about Damroo
Complete news archive for Damroo
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- Full article archive
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- Older coverage
- Brand-specific news history
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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. The company's 1st funding round was a Seed of $519.38K, raised on May 2026.
Damroo has 1 employees.
The primary company behind Damroo, Hoopoe Media Private Limited, reported revenue of ₹1.6 Lakh for FY 2024, up 31711% year on year.
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.
Damroo operates through Hoopoe Media Private Limited.
The legal entities of Damroo currently have 2 directors, including Ram Krishna Mishra, Soumya Mishra.