• Indian startup ecosystem records another strong funding week across climate tech, aviation tech, travel, retail fashion, chemicals and digital entertainment sectors
• Multiple rounds raised across stages from Pre-Seed and Pre-Series to Seed and Series C signalling sustained investor confidence and scale-up momentum
• Founders continue to secure capital to drive product innovation, global expansion, and AI-led transformation across logistics, fintech, creator economy, health tech and digital freight

The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, and Chemical Manufacturing & Digital Entertainment. It marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, and others.

Funding News: Hoopr Raises Rs 4 Crore to Boost Product Innovation and Expansion

Startup: Hoopr

Founders: Gaurav Dagaonkar and Meghna Mittal 

About us: Hoopr is a music-licensing marketplace that provides creators, brands and businesses with legally compliant copyright-safe music and sound effects, while enabling musicians and labels to monetise via transparent royalty sharing. 

Founded Year: 2021 

Office: Headquartered in Mumbai, India, serving creators and brands globally 

Sector: Creator Economy / Music Licensing Platform

Funding Round: Pre-Series A (first tranche) 

Investors: Led by Inflection Point Ventures (IPV) with participation from family offices and existing investors 

Hoopr has raised Rs 4 crore in the first tranche of its extended Pre-Series A round, which values the company at approximately Rs 160 crore post-money and brings its total funding to about Rs 18 crore to date. The funds will be used to scale Hoopr’s self-serve automated music-licensing marketplace 'Smash', deepen its Bollywood, regional and international music catalogues, strengthen product innovation (including AI-led features like auto-tagging and copyright detection), expand talent and accelerate global growth. 

Website: https://www.hoopr.co

Also Read: Hoopr Raises Rs 4 Crore to Boost Product Innovation and Expansion