Home / Business and Economy / DJs Get Paid to Play: India's SpinItUp Raises Funding
DJs Get Paid to Play: India's SpinItUp Raises Funding
10 Dec
Summary
- SpinItUp, India's first interactive music commerce platform, secured INR 50 Lakh pre-seed funding.
- The platform connects club-goers, DJs, and venues, enabling real-time song requests and payments.
- The company plans to onboard 5,000 DJs within the next 12 months, expanding nationwide.
India's music scene is buzzing with the news of SpinItUp, an interactive music commerce platform, successfully raising INR 50 Lakh in pre-seed funding. This platform revolutionizes how club-goers engage with live music by enabling them to pay for song requests, creating a new revenue stream for DJs.
The newly acquired capital will be channeled into fortifying SpinItUp's technology stack, expanding its presence across major nightlife hubs, and onboarding a substantial number of DJs. The company's ambitious goal is to enlist 5,000 DJs and establish partnerships with numerous venues across India within the next twelve months, aiming to standardize income tracking and boost the creator economy.
SpinItUp offers a dual benefit: for DJs, it provides consistent monetization opportunities and transparent earnings, while for venues, it enhances customer experience and engagement without additional investment. With a current roster of 450 DJs and 10 partner venues, SpinItUp is poised for accelerated growth and product enhancements following this significant funding round.
