About Spardha School of Music
Spardha School of Music is a company based in Pune (India) founded in 2016 by Amrita Srivastav, Rikhil Jain, and Saurabh Srivastav.. Spardha School of Music has raised $2.64 million across 5 funding rounds from investors including Mumbai Angels, We Founder Circle and Entertainment Network India. The company has 115 employees as of April 10, 2024. Spardha School of Music offers products and services including Piano Courses, Guitar Courses, Hindustani Vocals, Bharatanatyam Dance, and Western Vocals. Spardha School of Music operates in a competitive market with competitors including Yousician, iMusic-School, Muzigal, Tonestro and Musik Undervisning, among others.
- Headquarter Pune, India
- Employees 115 as on 10 Apr, 2024
- Founders Amrita Srivastav, Rikhil Jain, Saurabh Srivastav
- 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
*********
- Legal Name Spardha Learnings Private Limited
- Date of Incorporation 16 Mar, 2016
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$1.02 M (USD)96.6as on Mar 31, 2023
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Net Profit
$-1.74 M (USD)-100.56as on Mar 31, 2023
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EBITDA
$-1.73 M (USD)-109.22as on Mar 31, 2023
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Total Equity Funding
$2.64 M (USD)
in 5 rounds
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Latest Funding Round
$859.23 K (USD), Seed
Nov 15, 2022
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Investors
Mumbai Angels
& 135 more
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Employee Count
115
as on Apr 10, 2024
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Products & Services of Spardha School of Music
Spardha School of Music offers a comprehensive portfolio of products and services, including Piano Courses, Guitar Courses, Hindustani Vocals, Bharatanatyam Dance, and Western Vocals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online lessons for piano from beginner to advanced levels.
Live sessions for acoustic and electric guitar skills.
Classes on Indian classical singing techniques.
Online training in Indian classical dance forms.
Lessons for contemporary singing and voice training.
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Funding Insights of Spardha School of Music
Spardha School of Music has successfully raised a total of $2.64M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $859.23 thousand completed in November 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $859,226
- First Round First Round
- Investors Count 136
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Spardha School of Music | Valuation | Entertainment Network India | |
| May, 2022 | Amount | Seed - Spardha School of Music | Valuation | Inflection Point Ventures | |
| May, 2021 | Amount | Seed - Spardha School of Music | Valuation | Inflection Point Ventures , Manish Borhade |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spardha School of Music
Spardha School of Music has secured backing from 136 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mumbai Angels, We Founder Circle and Entertainment Network India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in early-stage startups and global community support.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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A venture capital firm focused on early-stage startup investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spardha School of Music
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spardha School of Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spardha School Of Music Comparisons
Competitors of Spardha School of Music
Spardha School of Music 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, Muzigal, Tonestro and Musik Undervisning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Musical instrument learning is facilitated by an app-based platform.
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| domain | founded_year | HQ Location |
Video music classes are delivered online for various instruments.
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| domain | founded_year | HQ Location |
Online platform offering music tutoring solutions
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| domain | founded_year | HQ Location |
Mobile app platform for learning brass, woodwind, and violin instruments through interactive lessons.
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| domain | founded_year | HQ Location |
Music teachers are discovered and booked via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spardha School Of Music
Frequently Asked Questions about Spardha School of Music
When was Spardha School of Music founded?
Spardha School of Music was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Spardha School of Music located?
Spardha School of Music is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Spardha School of Music?
Saurabh Srivastav is the current CEO of Spardha School of Music. They have also founded this company.
Is Spardha School of Music a funded company?
Spardha School of Music is a funded company, having raised a total of $2.64M across 5 funding rounds to date. The company's 1st funding round was a Seed of $678.71K, raised on Jun 01, 2019.
How many employees does Spardha School of Music have?
As of Apr 10, 2024, the latest employee count at Spardha School of Music is 115.
What is the annual revenue of Spardha School of Music?
Annual revenue of Spardha School of Music is $1.02M as on Mar 31, 2023.
What does Spardha School of Music do?
Spardha School of Music was founded in 2016 in Pune, India, operating in the online education sector focused on music and dance. Personalized instruction is delivered through live one-on-one sessions in various instruments and dance styles, suitable for beginner to advanced levels. Access to a digital platform is provided for adaptive learning and graded certifications, with performance opportunities available. Support is offered by a dedicated team to facilitate student progress.
Who are the top competitors of Spardha School of Music?
Spardha School of Music's top competitors include Yousician, Muzigal and iMusic-School.
What products or services does Spardha School of Music offer?
Spardha School of Music offers Piano Courses, Guitar Courses, Hindustani Vocals, Bharatanatyam Dance, and Western Vocals.
Who are Spardha School of Music's investors?
Spardha School of Music has 136 investors. Key investors include Mumbai Angels, We Founder Circle, Entertainment Network India, Lepton Software, and Beacon Trusteeship.
What is Spardha School of Music's valuation?
The valuation of Spardha School of Music is $7.22M as of Nov 2022.