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JioSaavn

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Listen to New Hindi Songs Online Only on JioSaavn.

Mumbai, IndiaFounded 2007Consumer Services
Valuation $50–100M Last recorded · 2020
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for JioSaavn and the history behind them.

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 data

At 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

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Apr 2020 $10M $40M Reliance Industries ↗
LATE VCOther financing Sep 2019 $19M $76M Reliance Industries —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

JioSaavn website traffic

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.

Latest monthly visits14M 3-month web change-12.5% 1-year team growth+0.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later6 investors entered at this stage

  • Tiger Global
  • Liberty Media
  • Mousse Partners
  • Alex Kahn
  • Guy Oseary
  • Reliance Industries
Team profiled 52 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 11 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇳 India96.9%
🇺🇸 United States1.2%
🇻🇳 Vietnam0.4%
🇦🇪 United Arab Emirates0.4%
🇧🇩 Bangladesh0.4%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

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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