Saavn the Indian music streaming startup has raised $100mn funding in Series C round led by Tiger Global, Steadview and other existing investors. Avendus Capital and LionTree acted as advisors for this fresh capital investment. Saavn is the leading music streaming service for Indian, Bollywood, and International content.
Music Streaming online, Internet, Mobile, Video Streaming, Entertainment Industry, Bollywood Music online
Funds raised till date
How will Saavn spend the fresh capital?
Saavn will invest the money in its proprietary ad technology, grow the sales force and strike new content deals.
Saavn works in a B2B and B2C model , distributes Indian content through it's partners and on it's own, it has 900+ labels to it's music bank.
Saavn Revenue Model
Paid pro service
Charges $3.99 per month for woldwide use & $1.99 for India only
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