Beatoven.ai, an AI music startup, has raised Rs 11 crore (approximately $1,3million) in a pre-Series A round, led by Capital 2B with contributions from notable investors like Entrepreneur First and IvyCap Ventures.
This funding aims to boost the company’s global presence, improve music accuracy, and enhance user experience. Beatoven.ai plans to use this investment for team expansion, development of editing features, and scaling their market strategy, reinforcing their leadership in the AI-generated music industry.
“We see immense opportunity in the market we are going after… With the right team and technology, we strongly believe we can emerge as a global Gen AI leader coming out of India.”
— Mansoor Rahimat Khan, Founder and CEO of Beatoven.ai
“Beatoven.ai understands that building a successful Gen-AI music product requires a deep passion for music and audio technology, not just advanced AI models.”
— Amit Behl, Partner at Capital 2B
“We at IvyCap Ventures are happy to associate with Beatoven.ai… We believe in their vision and the potential to revolutionize the music industry.”
— Vikram Gupta, Founder and Managing Partner of IvyCap Ventures
Featured image: Credit: Beatoven.ai
