Hoopr

Mumbai, India Founded: 2021 • Age: 5 yrs Minicorn
Online platform offering royalty-free music for content creators

About Hoopr

Hoopr is a Media & Entertainment company based in Mumbai (India) founded in 2021 by Meghna Mittal. Online platform offering royalty-free music for content creators. Hoopr has raised $3.54 million across 7 funding rounds from investors including Angel List, Wellfound and Venture Catalysts. The company has 28 employees. Hoopr was last valued at $9.31 million in May 2022. Its website hoopr.ai draws about 110 thousand monthly visits. Its Indian entity Gsharp Media Private Limited reported revenue of ₹3.43 Cr. Its focus areas include Consumer, Music Tech, Ecommerce and Royalty Free Music. Its competitors include illpeoplemusic, BeatStore and Indiawav.

Company details

Hoopr is an online platform offering royalty-free music for content creators. The platform provides an array of musical content that includes everything from songs, to themes, SFX, etc for vlogs, films, ad campaigns, and more.

  • Headquarters Mumbai, India
  • Employees 28
  • Founders Meghna Mittal
  • Stage Minicorn
  • Sectors
    Media & Entertainment
  • Website category Arts and Entertainment · Music
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website hoopr.ai
  • Social LinkedIn X Facebook
  • Legal Name Gsharp Media Private Limited
  • Date of Incorporation 24 Jan, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹3.43 Cr

    FY 2025 · +62% YoY

  • Net Loss
    -₹5.14 Cr

    FY 2025 · -150% margin

  • EBITDA
    -₹4.97 Cr

    FY 2025 · -145% margin

  • Total Equity Funding
    $3.54M (USD)

    in 7 rounds

  • Investors
    Angel List

    & 46 more

  • Employee Count
    28

Funding Insights of Hoopr

Hoopr has successfully raised a total of $3.54M across 7 strategic funding rounds. 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 $3.54M
  • Total Rounds 7
  • First Round $409,017

    (Aug 2021)

  • Investors Count 47

All 7 funding rounds of Hoopr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2026Seed––
Nov 2025$450,892Seed–Inflection Point Ventures
–
May 2022$23,055Angel Round$9.31MNalin Nanavati
–
Feb 2022$1.1MSeries A$9.59MZ Nation Lab, Dholakia Ventures
Dec 2021$1.5MSeed–Venture Catalysts, 100Unicorns
Oct 2021$53,378Angel Round$•••••Ramkumar Dhanuka
Aug 2021$409,017Seed$•••••Vistra ITCL, Lazr Ventures
Valuation history
DateValuationStage
May 2022$9.31M••••••••
Feb 2022$9.59M••••••••
Oct 2021$•••••••••••••
Aug 2021$•••••••••••••
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Full valuation and stage history of Hoopr

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Last known valuation $9.31M (May 2022). 47 investors in total: 20 institutional and 27 angel.

Investors in Hoopr

Hoopr has secured backing from 47 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Venture Catalysts.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Startup accelerator
2016znationlab.comCupertino, United States
Investing in pre-seed to Series A startups across various sectors in India.
2020dholakiaventures.comSurat, India
Micro venture capital fund focusing on health tech sector
Bengaluru, India
Angel Network for Bengaluru based companies
2015capierinvestments.comBengaluru, India
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India
Venture capital investment in tech-startups
Gurugram, India
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
thechennaiangels.com
Manufacturing of home appliances, clocks, and electrical switches by Orpat in India.
2005orpatgroup.comMorbi, India
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Investor details for Hoopr

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Board of directors of Gsharp Media Private Limited (Hoopr)

Gsharp Media Private Limited is the primary company behind Hoopr. The board of Gsharp Media Private Limited currently have 2 directors; the longest-serving is Gaurav Ajay Dagaonkar, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Gaurav Ajay Dagaonkar
DIN 01462656
Director24 Jan 20188 yrs 9 moGsharp Media Private Limited
Meghna Pradeep Kumar Mittal
DIN 07451356
Director18 Apr 20224 yrs 6 moGsharp Media Private Limited

People of Hoopr

2 people are tracked at Hoopr (2 in leadership); the tracked headcount is 28.

NameRoleGroup
Leadership
Co-FounderLeadership
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Financials of Hoopr

Figures of Gsharp Media Private Limited, the primary company behind Hoopr, for FY 2025. Revenue was ₹3.43 Cr (+62% year on year). Net loss was -₹5.14 Cr (-150% margin). EBITDA was -₹4.97 Cr (-145% margin). Revenue has grown at a compounded annual rate of +15% over three years and +16% over five years.

  • ₹3.43 CrRevenue · FY 2025 · +62% YoY
  • -₹5.14 CrNet loss · -150% margin
  • -₹4.97 CrEBITDA · -145% margin
  • ₹1.6 LakhPaid-up capital
  • 28Employees (provident fund records)
  • +15%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Gsharp Media Private Limited are on its company page.

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Detailed financial statements for Hoopr

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Timeline of Hoopr

4 dated milestones of Hoopr across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hoopr is founded.
  2. Funding First funding round of $409K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.

Competitors of Hoopr

Hoopr has 3 listed competitors in our database. They include illpeoplemusic, BeatStore and Indiawav.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
illpeoplemusic.com2019Gurugram, India
Royalty-free music is provided via an online platform for licensing.
beatstore.in2023Udaipur, India
Online platform for buying, selling, and licensing music beats.
indiawav.com2015Delhi, India
Provides a platform for royalty-free stock music to users and creators.
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Detailed competitors of Hoopr

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Web traffic of Hoopr

The website of Hoopr (hoopr.ai) receives about 110.5K visits a month and ranks #309,201 among all websites worldwide, #3,746 in Music.

  • Monthly visits
    110.5K

    ▲ 1.7% vs previous month

  • Unique visitors
    58.9K

    per month

  • Global rank
    #309,201

    among all websites

  • Category rank
    #3,746

    Arts and Entertainment · Music

Similar websites

Websites whose visitors overlap most with Hoopr. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
chosic.com
chosic.com
100%
#19,832–
y2mate.nu
y2mate.nu
94%
#1,049–
soundcloud.com
90%
122.1M#299View details
jiosaavn.com
90%
17.7M#3,631View details
djpunjab.is
djpunjab.is
88%
#5,161–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Related news about Hoopr

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Frequently Asked Questions about Hoopr

Hoopr was founded in 2021.

Hoopr is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Hoopr is a funded company, having raised a total of $3.54M across 7 funding rounds to date. The company's 1st funding round was a Seed of $409.02K, raised on Aug 2021.

Hoopr has 28 employees.

The primary company behind Hoopr, Gsharp Media Private Limited, reported revenue of ₹3.43 Cr for FY 2025, up 62% year on year.

Hoopr is an online platform offering royalty-free music for content creators. The platform provides an array of musical content that includes everything from songs, to themes, SFX, etc for vlogs, films, ad campaigns, and more.

Hoopr's top competitors include illpeoplemusic, Indiawav and BeatStore.

Hoopr has 47 investors. Key investors include Angel List, Wellfound, Venture Catalysts, LetsVenture, and Vistra ITCL.

The valuation of Hoopr is $9.31M as of May 2022.

Hoopr operates through Gsharp Media Private Limited.

The legal entities of Hoopr currently have 2 directors, including Meghna Pradeep Kumar Mittal, Gaurav Ajay Dagaonkar.

The website of Hoopr receives about 110 thousand visits a month and ranks #309,201 among all websites worldwide.

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