Biography of Siddharth Bhardwaj: Founder and CEO of Beatoven.ai- Entrepreneur
Biography of Siddharth Bhardwaj:
A Musical Journey Begins
Siddharth Bhardwaj’s passion for music and technology was
evident from his early academic years. He pursued a Bachelor of Technology in
Information Technology at the Indian Institute of Information Technology,
Allahabad, from 2010 to 2014. His involvement as the Secretary of the music
club, Virtuosi, showcased his dedication to music alongside his technical
studies.
Advanced Music Studies
After his undergraduate studies, Siddharth furthered his
expertise in music technology by earning a Master’s Degree in Sound and Music
Computing from Universitat Pompeu Fabra in Barcelona, Spain. This advanced
education allowed him to delve deeper into the intersection of music and
technology, setting the stage for his future ventures in the field.
Early Career in Audio Technology
Siddharth’s professional career began with significant roles
in the audio technology sector. He worked as an Audio Tech Developer at Kubric
from January 2020 to January 2021, where he focused on developing audio
technologies. His work involved exploring and innovating in the field of audio signal
processing and machine learning, which laid the groundwork for his later
achievements.
Freelance Endeavors
Before his role at Kubric, Siddharth was a freelance music
tech researcher and developer from March 2019 to January 2020. During this
period, he worked on various projects related to audio signal processing and
machine learning, enhancing his skills and understanding of the music
technology landscape.
Contributions to Speech Research
In 2018, Siddharth worked as a Speech Researcher and
Developer at Octo, where he focused on developing analytics pipelines and
wake-word detection systems. This role involved setting up and advancing
technologies related to speech and audio processing, further expanding his
expertise in the field.
Work at Slang Labs
Siddharth’s tenure at Slang Labs from April 2018 to
September 2018 involved designing and developing a wake-word detector and
analytics pipeline. His contributions to R&D in this area provided valuable
insights and technical advancements in speech recognition technologies.
Engineering at Samsung
From March 2016 to July 2016, Siddharth served as a Senior
Software Engineer at Samsung R&D Institute in India. His role involved
developing and enhancing software solutions, providing him with extensive
experience in engineering and software development within a leading technology
company.
Founding Beatoven.ai
In May 2021, Siddharth co-founded Beatoven.ai, a
revolutionary platform aimed at transforming the music creation and licensing
industry. Beatoven.ai is designed to provide content creators with access to
royalty-free, customizable music. The platform leverages AI to make music
creation accessible even for those with limited musical knowledge.
Addressing Music Licensing Challenges
Beatoven.ai was created to address a major problem faced by
content creators: the difficulty in accessing royalty-free and affordable
music. Many creators struggle with copyright issues and the time-consuming
process of finding suitable music. Beatoven.ai aims to solve these problems by
offering a platform where users can easily create and license music.
Unique Selling Proposition
What sets Beatoven.ai apart is its AI-driven approach to
music creation. Unlike traditional music libraries, which offer pre-created tracks,
Beatoven.ai allows users to compose their own original soundtracks. This unique
feature enables content creators to generate custom music that fits their
specific needs without extensive musical expertise.
Inclusive Vision for Music and AI
The platform’s vision is to build an inclusive environment
where musicians and AI can coexist. Beatoven.ai is supported by musicians who
contribute to the music library, ensuring that the platform remains rooted in
authentic musical experiences. This collaborative approach is a key aspect of
the company’s mission.
Biography of Siddharth Bhardwaj: Founder & CEO of Beatoven.ai- Entrepreneur /Age/Net worth/Siddharth Bhardwaj story/Beatoven.ai story/investor/AI-drive
Expanding Music Library
Beatoven.ai is not limited to a single genre or region. The
company has developed algorithms for region-specific music compositions across
India and plans to expand its library to include ethnic music from various
geographies, such as Arabic, Chinese, Korean, and Latin American music.
Initial Market Challenges
Despite its innovative approach, Beatoven.ai faced
challenges in gaining acceptance in the Indian market. The concept of AI-generated
music was new, and convincing stakeholders of its potential required
significant effort. The team had to overcome skepticism and demonstrate the
value of their product to investors and customers.
Funding and Growth
To support its growth, Beatoven.ai completed two rounds of
funding: a pre-seed round of $55K from Entrepreneur First and a seed round of
$1 million from Entrepreneur First and Redstart Labs. The company aims to reach
an annual recurring revenue (ARR) of $1 million by early 2023 and focuses on
expanding its partnerships and product development.
Subscription Model
Beatoven.ai operates on a subscription-based model with
three plans: $20/month for individual creators, $40/month for agencies, and
$100/month for production houses. This tiered approach allows the platform to
cater to different user needs and provide scalable solutions for various types
of content creators.
Support for Independent Artists
One of Beatoven.ai’s significant contributions is creating a
monetization channel for independent artists. The platform has already
disbursed $20,000 to 100 artists as part of its music data acquisition process.
This support helps musicians gain recognition and financial rewards for their
contributions to the platform.
Prospects and Future Goals
Looking ahead, Beatoven.ai plans to onboard 10,000 new users
by the end of 2022 and focus on further product development. The company aims
to make music creation more accessible and user-friendly, continuing to
innovate and expand its offerings to meet the needs of its growing user base.
Building a Strong Community
The founders of Beatoven.ai, Siddharth Bhardwaj and Mansoor
Rahimat Khan, have engaged extensively with the creative community to validate
their product and understand market needs. Their commitment to solving the
music acquisition and licensing problems faced by content creators drives their
ongoing efforts to improve and expand Beatoven.ai.
Timeline for Siddharth Bhardwaj’s Journey:
2010-2014 - Pursued Bachelor of Technology in Information
Technology at IIIT Allahabad, served as Secretary of Virtuosi music club.
March 2016-July 2016 - Senior Software Engineer at Samsung
R&D Institute.
April 2018-September 2018 - Worked at Slang Labs on
wake-word detection and analytics pipelines.
2018 - Speech Researcher and Developer at Octo, focused on
speech analytics and wake-word detection.
March 2019-January 2020 - Freelance music tech researcher
and developer.
January 2020-January 2021 - Audio Tech Developer at Kubric,
innovating in audio technologies.
May 2021 - Co-founded Beatoven.ai, a platform for AI-driven
customizable music creation.
2022 - Beatoven.ai raised $1 million in funding, expanded
its music library, and supported independent artists.