UMI and TM Ventures are set to collaborate in the areas of talent management, entertainment consultancy, and live/events businesses. This partnership aims to strengthen UMI’s position in the Indian non-film music industry and provide TM clients with access to UMI’s resources locally and UMG’s global network.
Adam Granite, UMG’s Executive Vice President, Market Development, expressed excitement about the collaboration, stating, “We are delighted to partner with Tarsame Mittal and his team at TM Ventures. Together we will accelerate UMI’s evolution within India and South Asia, by expanding the range of services we offer, and accelerating our artist development activities in order to introduce the very best in Indian talent to new audiences globally.”
Devraj Sanyal, MD & CEO, Universal Music India & South Asia, emphasized the shared belief in nurturing local talent, saying, “Universal Music India and TM Ventures share a belief in developing and boosting the careers of homegrown talent and artists. Together, with Tarsame and his excellent co-CEOs Alaap and Saurabh, we will expand the scope of opportunities available to Indian artists and accelerate the growth of the Indian music market, building a new, more expansive model of services available from UMG to all Indian artists.”
Tarsame Mittal, Founder of TM Ventures, expressed enthusiasm about the partnership, saying, “This partnership with UMG will help us achieve that, and we can’t wait to get started.”
Alaap, co-founder of TM Ventures, highlighted the alignment in values, stating, “We are elated to carry the same belief in our strategic partnership with UMG – A synonym for entertainment.”
Saurabh Abbi, Co-founder of TM Ventures, emphasized the shared passion and artist-first approach, stating, “We at TMV cannot wait to begin this partnership and take the leap in the next growth phase to bring world-class entertainment to you globally.”
