Funding · Consumer Internet & Media

Damroo raises Rs 5 crore from Hindustan Times

What they do

Damroo is an artist-first music platform for independent and regional artists in India

It raised Rs 5 crore in a strategic investment from Hindustan Times

The funds will boost tech, artist network, and monetization tools

Damroo raised Rs 5 crore in a strategic investment from Hindustan Times.
The funding was announced on May 19, 2026.
The investment is aimed at supporting independent and regional artists across India.
Damroo plans to use the funds to strengthen its technology infrastructure.
It will also expand its artist network and enhance regional music discovery.
The company will grow its content catalogue and build monetization and fan engagement tools.
The partnership gives Damroo access to Hindustan Times' entertainment ecosystem, including Fever FM and digital platforms.

Independent artists often struggle with discoverability, audience reach, and monetization.
Damroo addresses these challenges by offering a full suite of services beyond streaming.
The strategic investment from a media major like Hindustan Times signals confidence in the regional music market.
Access to Fever FM and digital platforms could help Damroo's artists gain wider exposure.

Damroo is an artist-first music streaming, distribution, and growth platform.
It focuses on independent and regional artists across India.
Services include digital music distribution, publishing administration, and YouTube growth management.
It offers marketing, collaborations, and A&R (artist and repertoire, i.e., talent scouting and development) support.
Damroo helps artists with royalty collection and financial assistance for content production.
It assists artists in joining IPRS (Indian Performing Right Society) to earn publishing royalties.
The company is headquartered in Mumbai.

Hindustan Times (lead) — A major Indian media company; its entertainment ecosystem includes Fever FM and digital platforms.

Product: Digital music distribution, publishing administration, YouTube growth management, and artist support services
Customers: Independent musicians and regional artists building sustainable music careers
How it makes money: Revenue share model from distribution and monetization of artist content across platforms
What sets it apart: Holistic artist support including publishing body membership facilitation for long-term royalties