2021
Gurugram (India)
Series A
Eight is a pioneering audio technology startup redefining how Indians create, share, and consume audio content. TheEightNetwork operates in the rapidly growing audio entertainment and technology sector, with a primary focus on the Indian market but ambitions for broader reach.
Advertising: As user engagement and listenership grow, Eight can monetize through audio ads, sponsored content, and brand partnerships within live streams and recorded sessions.
Creator Monetization: The platform may introduce features allowing creators to monetize their stations via tips, paid subscriptions, or premium content, with Eight taking a commission.
Premium Subscriptions: Offering ad-free listening, exclusive content, or advanced broadcasting tools for a subscription fee.
Event Sponsorships: Hosting branded audio events, talent hunts, or contests (like "Unmute") with sponsorship from brands seeking to reach engaged audio audiences.
B2C: Individual creators (singers, storytellers, poets, DJs, podcasters) and listeners seeking interactive, community-driven audio experiences.
B2B: Brands and advertisers targeting niche audio audiences, and potential partnerships with content houses, music labels, or event organizers.
Market Expansion: Targeting India’s 250 million+ streaming audio app users, with plans to reach 1 million listeners in the near term.
Product Innovation: Continuous enhancement of the Eight App’s broadcasting, engagement, and discovery features to attract and retain both creators and listeners.
Community Building: Fostering a strong creator and listener community to drive organic growth and network effects.
Talent Discovery: Hosting exclusive contests and reality shows to surface new audio talent and boost platform visibility.
Partnerships: Collaborating with brands, artists, and event organizers to create unique, interactive audio experiences.
Eight is at the forefront of India’s audio entertainment revolution, offering a unique, interactive social radio experience that empowers anyone to become a creator and build a following. With rapid early growth, innovative features, and a strong founding team, Eight is well-positioned to disrupt the audio content landscape, bridging the gap between creators and listeners in ways traditional platforms cannot. Its open, community-driven model, focus on real-time engagement, and creator empowerment make it a compelling opportunity for investors, researchers, and industry professionals looking to tap into the next wave of digital audio innovation in India.
$2.08 Million
2
$1.7 Million, Series A
as of December 12, 2022
$7.41 Million
as of December 30, 2022
3.56
as of December 30, 2022
Kae Capital
and 3 more53
Headfone
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
December 12, 2022 | Series A | $1.7 Million | $7.4 Million | $15.4 K | 362.9x | Kae Capital, Venture Highway , Wellfound, Shanti Informatics, Angel List |
August 18, 2021 | Seed | $403.0 K | $2.7 Million | - | - | Venture Highway ,OCFO |