About Fret Digital
Fret Digital is a company based in Bhopal (India) founded in 2021. It operates as a SaaS and B2B. The company has 1 employees. Fret Digital offers products and services including Music Distribution Service, YouTube Monetization, and Subscription Plans. Fret Digital operates in a competitive market with competitors including UnitedMasters, DistroKid, Stem Disintermedia, FUGA and Symphonic, among others.
- Headquarter Bhopal, India
- Employees 1
- SectorsMedia & Entertainment
- Website fretdigital.in
- Social Facebook
- Legal Name Mirror Records Private Limited
- Date of Incorporation 21 May, 2020
- Jurisdiction Bhopal, Madhya Pradesh, India
- Annual Revenue₹28.6 Lakh
FY 2024 · -32% YoY
- Net Profit₹39,882
FY 2024 · 1% margin
- EBITDA₹1 Lakh
FY 2024 · 4% margin
- Employee Count1
Associated legal entities of Fret Digital
Fret Digital operates through Mirror Records 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 |
|---|---|---|---|---|---|---|---|
| Mirror Records Private Limited CIN U92490MP2020PTC051342 | Active | 21 May 2020 | Bhopal, Madhya Pradesh | ₹0.3 Cr | – | 2 | View details |
Products & Services of Fret Digital
Fret Digital offers a comprehensive portfolio of products and services, including Music Distribution Service, YouTube Monetization, and Subscription Plans.
Platform for uploading and distributing music to streaming services
Tools to earn from music usage on YouTube platforms
Paid and free plans for artists and labels to manage releases
Board of directors of Mirror Records Private Limited (Fret Digital)
Mirror Records Private Limited is the primary company behind Fret Digital. The board of Mirror Records Private Limited currently have 2 directors; the longest-serving is Nikhil Chouksey, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Chouksey DIN 08744724 | Director | 21 May 2020 | 6 yrs 4 mo | Mirror Records Private Limited |
| Abhay Chouksey DIN 08744725 | Director | 21 May 2020 | 6 yrs 4 mo | Mirror Records Private Limited |
Financials of Fret Digital
Figures of Mirror Records Private Limited, the primary company behind Fret Digital, for FY 2024. Revenue was ₹28.6 Lakh (-32% year on year). Net profit was ₹39,882 (1% margin). EBITDA was ₹1 Lakh (4% margin). Revenue has grown at a compounded annual rate of +75% over three years.
- ₹28.6 LakhRevenue · FY 2024 · -32% YoY
- ₹39,882Net profit · 1% margin
- ₹1 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +75%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mirror Records Private Limited are on its company page.
Detailed financial statements for Fret Digital
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
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Fret Digital
Fret Digital 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 UnitedMasters, DistroKid, Stem Disintermedia, FUGA and Symphonic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unitedmasters.com | 2017 | Brooklyn, United States | $170M | – | Music rights management & digital music distribution service provider | |
| distrokid.com | 2013 | San Francisco, United States | $22.48M | – | Independent music is distributed online to artists for various stores. | |
| stem.is | 2015 | Los Angeles, United States | $42.5M | – | Digital rights management platform | |
| fuga.com | 2006 | Amsterdam, Netherlands | $7M | – | FUGA is engaged in music distribution and related services. | |
| symphonic.com | 2006 | Tampa, United States | $41M | 50 | Provider of digital music distribution, monetization, rights management, marketing, and playlisting services | |
| contentos.io | 2018 | Taipei, Taiwan | – | – | Decentralized content is enabled via P2P revenue and traffic distribution. | |
| bandpage.com | 2009 | San Francisco, United States | $28.33M | 31 | Online music distribution and fan engagement are facilitated for artists. | |
| soundrop.com | 2011 | Oslo, Norway | $6.4M | 237 | Music marketing & social engagement tools | |
| soundaymusic.com | 2009 | Turin, Italy | $2.72M | – | Serves as a digital platform for music distribution and promotion. |
Detailed competitors of Fret Digital
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.
Similar companies to Fret Digital
10 companies that operate in the same segment as Fret Digital (Digital Media & Publishing Platforms), 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 | – | – | |
Online platform for creating graphic images | 2012 | Surry Hills, New South Wales, Australia | USD 589.22 M | – | – | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | – | |
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | – | – | |
An audio streaming platform for series and stories is operated. | 2018 | Bengaluru, Karnataka, India | USD 196.66 M | USD 30.62 M | 1,044 | |
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Native advertising solutions are delivered via a cloud-based content platform. | 2006 | New York, New York, United States | USD 403.72 M | USD 1.3 B | 1,800 | |
Online storytelling platform | 2006 | Toronto, Ontario, Canada | USD 117.82 M | – | – | |
Online platform allows users to read and write blogs | 2012 | San Francisco, California, United States | USD 162.97 M | – | – | |
Ad network platform is utilized for content recommendations and monetization. | 2007 | New York, New York, United States | USD 160 M | USD 1.91 B | 2,000 |
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Frequently Asked Questions about Fret Digital
Fret Digital was founded in 2021.
Fret Digital is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
Fret Digital has 1 employees.
The primary company behind Fret Digital, Mirror Records Private Limited, reported revenue of ₹28.6 Lakh for FY 2024, down 32% year on year.
Fret Digital is a platform that enables artists and labels to upload and distribute music to global streaming services like Spotify and iTunes. It offers free and paid subscription plans, including YouTube monetization and earnings distribution. Based in India, it simplifies the process for individual artists and music aggregators, ensuring hassle-free music journeys and revenue sharing.
Fret Digital's top competitors include UnitedMasters, Stem Disintermedia and DistroKid.
Fret Digital offers Music Distribution Service, YouTube Monetization, and Subscription Plans.
Fret Digital operates through Mirror Records Private Limited.
The legal entities of Fret Digital currently have 2 directors, including Nikhil Chouksey, Abhay Chouksey.