Gaana narrows losses, but its revenue growth has slowed down
As one of the biggest streaming services in India, Gaana is a useful bellwether for the market as a whole. New figures show that in its last financial year, which ended in March 2021, the company’s operating revenue...
September 21, 2021
India’s Wynk Music wants 300m active users in next three years
The prediction comes from the unusual source (news-wise) of the Amazon Web Services website. Wynk Music is one of Amazon’s cloud customers, and now a case study.
September 3, 2021
Spotlight on India: Western DSPs still have work to do gaining a foothold
Each day in this week’s Music Ally Bulletin email, journalist Amit Gurbaxani shone a spotlight on some of the most interesting stories in the Indian music business. We’ve reported frequently about the impressive...
August 3, 2021
Indian streaming service Gaana raises $40m from Tencent
Gaana, one of India's biggest music streaming services, is turning to existing investor Tencent for a new round of debt funding. According to news site Entrackr, the amount is $40m from Tencent's European subsidiary Tencent...
June 29, 2021
Gaana’s next music streaming frontier is… a robot
Smartphones, smart speakers, connected cars… and now robots are the new frontier for music streaming. In India at least, courtesy of a partnership between educational robotics company Miko and streaming service Gaana. The...
June 3, 2021
Indian streaming service Gaana raises $50 million in debt
The largest Indian streaming platform, Gaana, has raised the equivalent of just over $50 million in debt from Tencent Cloud Europe and Time Internet, reports Indian startup news site Inc42. Tencent’s involvement accounts...
September 2, 2020
Indian streaming service Gaana grows to 185m listeners
At the start of February this year, Indian music streaming Gaana announced that it had 150 million monthly active users. Now the company has updated that figure to 185 million, having added 35 million listeners in the last...
August 10, 2020
How many users do Spotify, Apple Music and other streaming services have?
Sometimes the statistics around how many people are streaming music – and how many are paying for it – can lead to confusion and misinterpretation. Recently, for example, we've seen one story suggesting that Amazon...
July 28, 2020
Gaana hopes to reach 500m users in next three years
Indian streaming service Gaana currently has more than 150 million monthly active users, but its CEO has reiterated ambitious plans for future growth. “As music streaming marketing continues to grow, our goal would...
July 23, 2020
Gaana launches TikTok-style short-video feature HotShots
Music streaming service Gaana is the latest company hoping to capitalise on the recent ban on TikTok (along with 58 other apps of Chinese origin) in India. This morning, Gaana announced a new feature for its app called...
July 8, 2020
India growth slows as Gaana and Tips Music fall out over licensing
India is what the music industry likes to call a ‘high-potential’ market, with huge scope for growth in both usage of music streaming services, and in the uptake of paid subscriptions. At this stage in its development,...
May 26, 2020