Hoopr has announced the addition of The Chennai Angels (TCA) to its Pre-Series A journey, describing the move as a step toward addressing long-standing challenges in India’s music licensing ecosystem.
Stating that “Music licensing in India has been broken for too long,” the company said it is now working to fix the system with stronger backing and strategic support.
The Chennai Angels join Hoopr’s Pre-Series A round as investors, bringing what the company described as more than capital. According to Hoopr, TCA offers operator depth, a powerful network, and a long-term perspective aligned with the company’s growth plans. The company noted that from its very first conversation with TCA, it was clear the investors understood not only the business model but also the broader mission.
The company also acknowledged its existing investors for their continued trust and partnership, including Inflection Point Ventures (IPV), MeitY Startup Hub, Amit Nanavati, 100Unicorns, VCats Marketing and 91 Ventures.
Reaffirming its vision, Hoopr stated its mission is to create music licensing that is simple, transparent and built for scale, where labels and artists are respected and rewarded, and where creativity operates without friction.
“The best is ahead,” the company said.
