Home |Business| Music Edtech Firm Muzigal Sees 20 Growth
Music edtech firm Muzigal sees 20% growth
The company launched in July 2020 by Dr Lakshminarayana Yeluri to connect students, instructors, professional musicians, and music enthusiasts for online live music lessons.
Hyderabad: Online music learning platform Muzigal that connects teachers and students on Monday announced that it has seen 20 per cent growth in terms of revenue and new learners. The company launched in July 2020 by Dr Lakshminarayana Yeluri to connect students, instructors, professional musicians, and music enthusiasts for online live music lessons has on-boarded 400 teachers and conducted 40,000 classes in subjects like Indian classical and western music in over 20 specialisations in vocal and musical instruments.
It launched its operations in August 2020 in the US to help non-resident Indians to learn music virtually with authentic and native language speaking music teachers from India. Muzigal is now expanding its presence and students can learn vocal classes like Carnatic and Western music and musical instruments like guitar, piano, sitar, keyboard, and violin, among many others.
Around one lakh students have been counselled, 25,000 students have taken free trial classes to experience the platform and over 10,000 students from ten different countries have enrolled for classes. In February 2021, Muzigal had raised an undisclosed amount of funds from Kalaari Capital, a venture capital fund investing in early-stage, tech-oriented companies. The Kalaari funds have been deployed to advance the platform, boost hiring requirements and launch the sales and marketing efforts.
Yeluri said, “We are happy that our innovation in one year has not only helped thousands of people learn music but also empowered hundreds of music teachers to scale their music classes globally through our platform.”
The edtech startup aims to make high quality music education accessible and affordable for a million learners across the world by empowering 20,000+ music teachers in the next four years and launching its marketplace in the US by September 2021 for the American citizens too.
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