J
JioSaavn
Listen to New Hindi Songs Online Only on JioSaavn.
About JioSaavn
JioSaavn operates as a major music streaming service in India, born from the 2018 merger of Reliance's JioMusic and the established platform, Saavn. This strategic consolidation created an entity valued at over $1 billion, combining Saavn's streaming expertise with Jio's extensive digital and telecommunications infrastructure. The company's history traces back to 2006 when Saavn was founded as BODVOD Network, initially a B2B distributor of Hindi cinema content in North America. The founders, including Rishi Malhotra, Paramdeep Singh, and Vinodh Bhat, pivoted to a B2C music streaming model in 2009, officially launching Saavn.com.
The platform's business model is primarily freemium, generating revenue through two main streams: advertising and subscriptions. The free, ad-supported tier provides access to a vast music library, attracting a large user base which makes it a valuable platform for advertisers. The premium subscription, JioSaavn Pro, offers users an ad-free experience, higher audio quality, and the ability to download tracks for offline listening. This dual approach allows the company to cater to a broad spectrum of users across India and the global Indian diaspora.
JioSaavn boasts a comprehensive catalog of over 80 million tracks in 16 languages, with a significant focus on Bollywood, regional Indian music, and podcasts. The service is accessible across a wide range of devices and platforms, including Android, iOS, and smart speakers like Amazon Alexa. Strategic partnerships have been a key component of its growth. A notable integration with Facebook's Open Graph platform significantly increased user traffic, and a partnership with Shazam enhanced music discovery by incorporating Saavn's library. The merger with JioMusic was a pivotal moment, providing seamless access to over 252 million Jio subscribers at the time and creating a massive addressable market. The platform continues to evolve by investing in original content, such as its Artist Originals (AO) program, which promotes independent musicians.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Mumbai, India
- Employees
- 1,101
- Open positions
- 14
- Dealroom signal
- 68.8/100
- Industry
- Music, Telecom
- Sector
- Consumer Services, Music, Entertainment, Streaming, Video Streaming
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 1 company, latest Jan 2016
- Capital deployed
- —
- Preferred round
- SEED
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Apr 2020 | $10M | $40M | Reliance Industries | ↗ |
| LATE VCOther financing | Sep 2019 | $19M | $76M | Reliance Industries | — |
Growth signals
Latest recorded traffic for JioSaavn is 14M monthly website visits, down 12.5% over the last three months. JioSaavn's team grew 0.9% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
India Internet Fund
Nihal Mehta
Steadview Capital
Eniac Ventures
Series B and later6 investors entered at this stage
Tiger Global
Liberty Media
Mousse Partners
Alex Kahn
Guy Oseary
Reliance Industries
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about JioSaavn on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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