About Muzigal
Muzigal is a company based in Hyderabad (India) founded in 2020 by Lakshminarayana Yeluri. Muzigal has raised $1.55 million across 2 funding rounds from investors including Naveen Perla and Kalaari Capital. The company has 35 employees as of April 07, 2024. Muzigal operates in a competitive market with competitors including Yousician, iMusic-School, Spardha School of Music, Tonestro and Musik Undervisning, among others.
- Headquarter Hyderabad, India
- Employees 35 as on 07 Apr, 2024
- Founders Lakshminarayana Yeluri
- Stage Minicorn
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Sectors
EducationMedia & 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 Muzigal Edutech Private Limited
- Date of Incorporation 02 Jul, 2019
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$839.88 K (USD)78.88as on Mar 31, 2023
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Net Profit
$68.96 K (USD)107.11as on Mar 31, 2023
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EBITDA
$207.67 K (USD)124.84as on Mar 31, 2023
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Total Equity Funding
$1.55 M (USD)
in 2 rounds
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Latest Funding Round
$45.37 K (USD), Seed
Sep 27, 2022
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Investors
Kalaari Capital
& 1 more
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Employee Count
35
as on Apr 07, 2024
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Funding Insights of Muzigal
Muzigal has successfully raised a total of $1.55M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $45.37 thousand completed in September 2022. 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 Muzigal
Muzigal has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Naveen Perla and Kalaari Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage technology companies are made by Kalaari Capital.
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Naveen Perla |
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Investor details for Muzigal
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Investments & Acquisitions by Muzigal
Investment portfolio details for Muzigal
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Financial Statements - Muzigal
Detailed financials for Muzigal
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Muzigal Comparisons
Peer comparison for Muzigal
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Competitors of Muzigal
Muzigal 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 Yousician, iMusic-School, Spardha School of Music, Tonestro and Musik Undervisning, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Musical instrument learning is facilitated by an app-based platform.
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Video music classes are delivered online for various instruments.
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Online music and dance classes are offered for all ages.
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Mobile app platform for learning brass, woodwind, and violin instruments through interactive lessons.
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Music teachers are discovered and booked via an online platform.
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Detailed competitors of Muzigal
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Latest news on Muzigal
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Frequently Asked Questions about Muzigal
Muzigal was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Muzigal is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Muzigal is a funded company, having raised a total of $1.55M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Muzigal is 35.
Annual revenue of Muzigal is $839.88K as on Mar 31, 2023.
An online platform focused on music education was established in 2020 in Hyderabad, India. One-on-one classes are offered for instruments including guitar, keyboard, tabla, vocal, drums, and flute, along with tutor discovery services. Operations are supported by a mobile application available on Android and iOS devices, serving users in the music tutoring sector.
Muzigal's top competitors include Yousician, Spardha School of Music and iMusic-School.
Muzigal has 2 investors. Key investors include Naveen Perla, and Kalaari Capital.
The valuation of Muzigal is $3.97M as of Sep 2022.