About TheEightNetwork
TheEightNetwork is a company based in Bengaluru (India) founded in 2021 by Mohit Goswami and Yugal Tamang. TheEightNetwork has raised $3.14 million across 3 funding rounds from investors including Angel List, Wellfound and Kae Capital. TheEightNetwork operates in a competitive market with competitors including Deezer, Spotify, Pandora, AccuRadio and Slacker, among others.
- Headquarter Bengaluru, India
- Founders Mohit Goswami, Yugal Tamang
- Stage Minicorn
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Sectors
Media & 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 Eight Network Creations Private Limited
- Date of Incorporation 17 Jun, 2021
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$7.43 K (USD)0as on Mar 31, 2022
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Net Profit
-$104.78 K (USD)0as on Mar 31, 2022
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EBITDA
-$77.24 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$3.14 M (USD)
in 3 rounds
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Latest Funding Round
$1.06 M (USD), Seed
Oct 15, 2024
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Investors
Angel List
& 20 more
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Employee Count
Not available
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People of TheEightNetwork
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Funding Insights of TheEightNetwork
TheEightNetwork has successfully raised a total of $3.14M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.06 million completed in October 2024. 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 TheEightNetwork
TheEightNetwork has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Kae Capital.
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Early-stage investing in tech startups in India.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Investments in tech startups are directed by the fund.
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Investor details for TheEightNetwork
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Investments & Acquisitions by TheEightNetwork
Investment portfolio details for TheEightNetwork
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Financial Statements - TheEightNetwork
Detailed financials for TheEightNetwork
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Theeightnetwork Comparisons
Peer comparison for TheEightNetwork
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Competitors of TheEightNetwork
TheEightNetwork 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 Deezer, Spotify, Pandora, AccuRadio and Slacker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for on-demand music and radio streaming
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Music streaming is offered on-demand to global users.
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Personalized internet radio stations and playlists are streamed for users.
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Online radio streaming is offered based on artists and genres.
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Online personalized radio streaming platform
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Provider of in-store radio, corporate radio, and digital screen content management
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Detailed competitors of TheEightNetwork
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Latest news on Theeightnetwork
Complete news archive for TheEightNetwork
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Frequently Asked Questions about TheEightNetwork
TheEightNetwork was founded in 2021.
TheEightNetwork is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
TheEightNetwork is a funded company, having raised a total of $3.14M across 3 funding rounds to date.
Annual revenue of TheEightNetwork is $7.43K as on Mar 31, 2022.
TheEightNetwork was founded in 2021 in Bengaluru, India, as a provider in the digital entertainment sector. A mobile application is operated to deliver audio-based social experiences. Podcasts, audio series, and news stories are featured, addressing varied user interests. Content is made accessible via the app, supporting interactions in an audio-focused format across mobile devices.
TheEightNetwork has 21 investors. Key investors include Angel List, Wellfound, Kae Capital, Venture Highway VC, and OCFO.
The valuation of TheEightNetwork is $7.41M as of Dec 2022.