About True School
True School is an Education company based in Mumbai (India) founded in 2013 by Nitin Chandy. Music courses in instruments, vocals, DJing, and production are provided. 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. True School was last valued at $3.79 million in June 2013. Its Indian entity Tsm Education Private Limited reported revenue of ₹1.2 Lakh. True School offers products and services including Undergraduate Programs and Music Certifications. Its focus areas include Higher Education Institutions, Fine Arts and Private. Its competitors include Whistling Woods International, Madras Sanskrit College and Vedanta Bharati.
Company details
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.
- Headquarters Mumbai, India
- Employees 51
- Founders Nitin Chandy
- Stage Minicorn
- SectorsEducation
- Website trueschool.in
- Social LinkedIn X Facebook
- Legal Name Tsm Education Private Limited
- Date of Incorporation 17 Mar, 2011
- Jurisdiction Karjat, Maharashtra, India
- Annual Revenue₹1.2 Lakh
FY 2025 · -78% YoY
- Net Loss-₹10.5 Lakh
FY 2025 · -846% margin
- EBITDA-₹6.5 Lakh
FY 2025 · -527% margin
- Total Equity Funding$2.35M (USD)
in 1 rounds
- Latest Funding Round$2.35M (USD), Seed
Jun 2013
- InvestorsZodius
& 2 more
- Employee Count51
Associated legal entities of True School
True School operates through Tsm Education Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tsm Education Private Limited CIN U74999MH2011PTC214915 | Active | 17 Mar 2011 | Karjat, Maharashtra | ₹0.0 Cr | 51 | 3 | View details |
Products & Services of True School
True School offers a comprehensive portfolio of products and services, including Undergraduate Programs and Music Certifications.
Comprehensive programs training musicians for industry careers through practical learning.
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.
- Total Funding $2.35M
- Total Rounds 1
- Last Round Seed — $2.35M
- First Round $2.35M
(Jun 2013)
- Investors Count 3
All 1 funding rounds of True School with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2013 | $2.35M | Seed | $3.79M | Zodius |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2013 | $3.79M | •••••••• |
Last known valuation $3.79M (Jun 2013). 3 investors in total: 1 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in India | 2011 | zodius.com | Mumbai, India | |
AP Ashutosh Phatak | Founder of True Balance, active angel investor in Indian startups | unknown_d11c036ecaa743d29 | ||
NC Nitin Chandy | Angel investor and tech leader, ex-Microsoft, focused on Indian startups | unknown_253b376263b24b009 |
Investor details for True School
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Tsm Education Private Limited (True School)
Tsm Education Private Limited is the primary company behind True School. The board of Tsm Education Private Limited currently have 3 directors; the longest-serving is Nitin Kurian Chandy, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Kurian Chandy DIN 00052985 | Director | 19 Feb 2013 | 13 yrs 8 mo | Tsm Education Private Limited |
| Ashutosh Arun Phatak DIN 00197175 | Director | 19 Feb 2013 | 13 yrs 8 mo | Tsm Education Private Limited |
| Sheena Lawrence DIN 09185735 | Director | 19 Jan 2024 | 2 yrs 9 mo | Tsm Education Private Limited |
People of True School
1 people are tracked at True School (1 in leadership); the tracked headcount is 51.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for True School
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Financials of True School
Figures of Tsm Education Private Limited, the primary company behind True School, for FY 2025. Revenue was ₹1.2 Lakh (-78% year on year). Net loss was -₹10.5 Lakh (-846% margin). EBITDA was -₹6.5 Lakh (-527% margin). Revenue has grown at a compounded annual rate of -86% over three years and -75% over five years.
- ₹1.2 LakhRevenue · FY 2025 · -78% YoY
- -₹10.5 LakhNet loss · -846% margin
- -₹6.5 LakhEBITDA · -527% margin
- ₹3.4 LakhPaid-up capital
- 51Employees (provident fund records)
- -86%Revenue CAGR, 3 years
- -75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tsm Education Private Limited are on its company page.
Detailed financial statements for True School
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Timeline of True School
3 dated milestones of True School, from founding to its latest funding, stage changes and deals.
- Founded True School is founded.
- Funding First funding round of $2.4M.
- Milestone Reaches Minicorn status.
Competitors of True School
True School has 3 listed competitors in our database. They include Whistling Woods International, Madras Sanskrit College and Vedanta Bharati.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| whistlingwoods.net | 2006 | Mumbai, India | Provides world-class education in film, communication, and creative arts programs. | |||
| madrassanskritcollege.edu.in | 1906 | Chennai, India | Offers higher education in Sanskrit, Vedic studies, and cultural programs in Chennai, India. | |||
| vedantabharati.org | 1999 | Mysore, India | Promotes Vedanta philosophy studies, research, and spiritual events in India. |
Detailed competitors of True School
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Web traffic of True School
The website of True School (trueschool.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 16.2% vs previous month
Websites whose visitors overlap most with True School. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| furtadosschoolofmusic.com | 100% | 39.3K | #608,790 | View details | |
| mumbaimusicinstitute.in | 99% | #1,446,383 | View details | ||
| globaldj.co.in | 98% | View details | |||
| sudeepaudio.com | 98% | #457,917 | View details | ||
| thewildcity.com | 98% | 9.8K | #2,449,466 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for True School
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- 16 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Higher & Specialized Education
3 companies that operate in the same segment as True School (Higher & Specialized Education) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multiple courses and degrees are offered across diversified streams. | 2013 | Delhi, Delhi, India | USD 62.53 M | USD 43.95 M | 210 | |
Educational support for abroad college selection and preparation is offered. | 2019 | Bengaluru, Karnataka, India | USD 152.5 M | USD 75.54 M | ||
University offering degrees in medicine, dentistry & foundation in science | 2001 | Bengaluru, Karnataka, India | USD 379.89 M | USD 79 M | 366 |
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Related news about True School
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. The company's 1st funding round was a Seed of $2.35M, raised on Jun 2013.
True School has 51 employees.
The primary company behind True School, Tsm Education Private Limited, reported revenue of ₹1.2 Lakh for FY 2025, down 78% year on year.
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 Madras Sanskrit College.
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.
True School operates through Tsm Education Private Limited.
The legal entities of True School currently have 3 directors, including Nitin Kurian Chandy, Sheena Lawrence, Ashutosh Arun Phatak.