Furtados School of Music (FSM) raised ₹20 crore funding from IAN Fund and DSG Consumer Partners on Tuesday. The music institution will use the funds to expand its presence across major cities in the country. Currently, FSM has a reach of about 200 schools with over 15 centers across 14 cities. The funding will also be used to scale their technology infrastructure including their app services.

(Dealstreet Asia)