AI music startup Beatoven.ai has secured Rs 11 crore (approximately $1.3 million) in its pre-Series A funding round, with Capital 2B, Entrepreneur First, IvyCap Ventures, Upsparks Capital, Rukam Capital, and other angel investors leading the investment.
The company intends to utilize the funds to accelerate its growth strategy, focusing on enhancing user experience by improving music accuracy and quality, while also developing new editing features.
Co-founded by Mansoor Rahimat Khan and Siddharth Bhardwa, Beatoven.ai offers a suite of innovative features that empower creators to produce high-quality music. Currently, users can input prompts for text-to-music generation, and the platform is actively testing multimodal inputs where users can input video, images, text, and audio references to generate precisely aligned music tracks.
Through Beatoven.ai’s web-based application, content creators can craft and personalize tunes using the platform’s extensive library of mood-based tracks across various genres.
The platform has already established partnerships with over 200 artists and aims to expand this network by collaborating with at least 500 artists within the next two to three years.
