About Desihits
Desihits was a Media & Entertainment company based in New York (United States) founded in 2005 by Anjula Bath. A digital hub for professional networking among artists. It operates on a B2B model. Desihits has raised $5 million across 1 funding round from investors including D. E. Shaw Group, DFJ and Trident Capital. Its chief executive, as recorded, is Anjula Bath. The company is recorded as dissolved. Its focus areas include Media and Entertainment, Digital Media, Professional Networking and Artist Connections. Its legal entity in India is Desi Hits Entertainment Private Limited (U22130MH2009PTC194590). Its competitors include Myspace, BeatStars and PearPop; 3 of its 3 listed competitors have raised funding.
Company details
Desihits a digital hub for professional networking among artists through media and entertainment, handling digital media, professional networking, and artist connections. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters New York, United States
- Founders Anjula Bath
- SectorsMedia & Entertainment
- Website desihits.com
- Social X
- Legal Name Desi Hits Entertainment Private Limited
- Date of Incorporation 03 Aug, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series B
Jan 2008
- InvestorsD. E. Shaw Group
& 2 more
Associated legal entities of Desihits
Desihits operates through Desi Hits Entertainment Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Desi Hits Entertainment Private Limited CIN U22130MH2009PTC194590 | Strike Off | 03 Aug 2009 | Mumbai, Maharashtra | 2 | View details |
Funding Insights of Desihits
Desihits has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series B round of $5 million completed in January 2008. 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 $5M
- Total Rounds 1
- Last Round Series B — $5M
- First Round $5M
(Jan 2008)
- Investors Count 3
All 1 funding rounds of Desihits 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 |
|---|---|---|---|---|---|
| Jan 2008 | $5M | Series B | – | – |
3 investors in total: 3 institutional.
Investors in Desihits
Desihits has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include D. E. Shaw Group, DFJ and Trident Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | dfj.com | Menlo Park, United States | ||
Stage-agnostic investments in US ventures are made by Trident Capital. | tridentcap.com | Palo Alto, United States | ||
Multinational investment management services are provided globally. | 1988 | deshaw.com | New York, United States |
Investor details for Desihits
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 Desi Hits Entertainment Private Limited (Desihits)
Desi Hits Entertainment Private Limited is the primary company behind Desihits. The board of Desi Hits Entertainment Private Limited currently have 2 directors; the longest-serving is Angela Acharia, appointed in 2009. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Angela Acharia DIN 02738704 | Director | 06 Oct 2009 | 17 yrs | Desi Hits Entertainment Private Limited |
| Ranjit Singh Bath DIN 02727067 | Director | 06 Oct 2009 | 17 yrs | Desi Hits Entertainment Private Limited |
People of Desihits
1 people are tracked at Desihits (1 in leadership).
| Name | Role | Group |
|---|---|---|
Anjula Bath | CEO, Co-Founder | Leadership |
Complete people profiles for Desihits
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.
Timeline of Desihits
2 dated milestones of Desihits across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Desihits is founded.
- Funding First funding round of $5.0M.
Competitors of Desihits
Desihits has 3 listed competitors in our database, 3 of them funded. They include Myspace, BeatStars and PearPop.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| myspace.com | 2003 | Los Angeles, United States | $42.79M | On-demand music streaming and content sharing platform | ||
| beatstars.com | 2008 | Austin, United States | $10M | 13 | Instrumental music is licensed and distributed via a producer marketplace. | |
| pearpop.com | 2020 | Los Angeles, United States | $34M | Monetization-based social platform for content creators is facilitated. |
Detailed competitors of Desihits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Digital Media & Publishing Platforms
3 companies that operate in the same segment as Desihits (Digital Media & Publishing Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Content is shared and discussed across user-driven communities. | 2005 | San Francisco, California, United States | USD 1.62 B | |||
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | 1,218 | ||
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 |
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Frequently Asked Questions about Desihits
Desihits was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Desihits is headquartered in New York, United States. It is registered at New York, New York, United States.
Anjula Bath is the CEO of Desihits, as recorded in our data. They have also founded this company.
Desihits is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series B of $5M, raised on Jan 2008.
Desihits a digital hub for professional networking among artists through media and entertainment, handling digital media, professional networking, and artist connections. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Desihits has 3 investors. Key investors include D. E. Shaw Group, DFJ, and Trident Capital.
Desihits operates through Desi Hits Entertainment Private Limited.
The legal entities of Desihits currently have 2 directors, including Angela Acharia, Ranjit Singh Bath.