True School

Mumbai, India Founded: 2013 • Age: 13 yrs
Music courses in instruments, vocals, DJing, and production are provided.
Annual revenue $541,437 Latest available
Total funding $2.4M 1 rounds
Employees 51 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About True School

True School is a company based in Mumbai (India) founded in 2013 by Nitin Chandy. True School has raised $2.35 million across 1 funding round from investors including Zodius, Ashutosh Phatak and Nitin Chandy. The company has 51 employees as of April 06, 2024. True School offers products and services including Undergraduate Programs and Music Certifications. True School operates in a competitive market with competitors including Whistling Woods International, Madras Sanskrit College, Vedanta Bharati, The Design Village and AAFT, among others.

  • Headquarter Mumbai, India
  • Employees 51 as on 06 Apr, 2024
  • Founders Nitin Chandy
  • Stage Minicorn
  • Sectors
    Education
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Tsm Education Private Limited
  • Date of Incorporation 17 Mar, 2011
  • Jurisdiction Karjat, Maharashtra, India
Operational Areas
Education → Higher & Professional Education Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $541.44 K (USD)
    -36.13
    as on Mar 31, 2022
  • Net Profit
    $268.61 K (USD)
    475.88
    as on Mar 31, 2022
  • EBITDA
    $433.44 K (USD)
    570.28
    as on Mar 31, 2022
  • Total Equity Funding
    $2.35 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.35 M (USD), Seed

    Jun 05, 2013

  • Investors
    Zodius

    & 2 more

  • Employee Count
    51

    as on Apr 06, 2024

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Products & Services of True School

True School offers a comprehensive portfolio of products and services, including Undergraduate Programs and Music Certifications.

Product name locked
Category locked
Primary

Comprehensive programs training musicians for industry careers through practical learning.

Product name locked
Category locked
Locked

Certification courses enhancing skills for music production and performance roles.

Funding Insights of True School

True School has successfully raised a total of $2.35M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.35 million completed in June 2013. 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 True School

True School has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Zodius, Ashutosh Phatak and Nitin Chandy.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
VC firm investing in India
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Ashutosh Phatak

Founder of True Balance, active angel investor in Indian startups
Locked Locked Locked

Nitin Chandy

Angel investor and tech leader, ex-Microsoft, focused on Indian startups
Locked Locked Locked
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Investor details for True School

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Investments & Acquisitions by True School

Investments
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Investment portfolio details for True School

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Financial Statements - True School

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Detailed financials for True School

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True School Comparisons

True School Primary company
Description
Music courses in instruments, vocals, DJing, and production ...
Location
Mumbai, India
Founded Year
2013
Annual Revenue
$541.44 K (USD)
Net Profit
$268.61 K (USD)
EBITDA
$433.44 K (USD)
Employees
51
As of 2024
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Peer comparison for True School

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Competitors of True School

True School 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 Whistling Woods International, Madras Sanskrit College, Vedanta Bharati, The Design Village and AAFT, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provides world-class education in film, communication, and creative arts programs.
Locked Locked Locked
Offers higher education in Sanskrit, Vedic studies, and cultural programs in Chennai, India.
Locked Locked Locked
Promotes Vedanta philosophy studies, research, and spiritual events in India.
Locked Locked Locked
Offers design degree programs with industry connections and global exposure in Noida.
Locked Locked Locked
Offers professional courses in cinema, journalism, music, and fashion.
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Detailed competitors of True School

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Latest news on True School

Dr Pepper & TSM Sponsorship Announcement
Prnewswire8 years ago
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Complete news archive for True School

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Frequently Asked Questions about True School

True School was founded in 2013.

True School is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

True School is a funded company, having raised a total of $2.35M across 1 funding round to date.

As of Apr 06, 2024, the latest employee count at True School is 51.

Annual revenue of True School is $541.44K as on Mar 31, 2022.

True School of Music offers foundation and professional courses in music. These courses include played instruments, vocals, DJing, music production etc. It has international faculty from Manhattan School of Music, New York City, for its professional program, international djs for the DJing courses, and studio amp; live sound and music production courses authored by The Academy of Contemporary Music, UK. The company was seed funded by Zodius Capital. They were actively looking to raise additional funding to the tune of 20M.

True School's top competitors include Whistling Woods International, Vedanta Bharati and The Design Village.

True School offers Undergraduate Programs and Music Certifications.

True School has 3 investors. Key investors include Zodius, Ashutosh Phatak, and Nitin Chandy.

The valuation of True School is $3.79M as of Jun 2013.

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