logo
Tip Off Subscribe
Subscribe
Breaking News
Internet Blockade in Parts of Delhi: SCAORA and SCBA Write to Supreme Court not to Pass Adverse Orders If Advocates Are Unable to Attend Virtual Courts [READ LETTER]
'Skin To Skin' Contact Necessary For 'Sexual Assault' Under POCSO Act, 2012 : SC stays Bombay HC Judgment
Varavara Rao Can Be Sent Back to Prison, He Has No Dementia: NIA Submits Before Bombay High Court
'House Privileges Not Applicable to Activities Other Than Legislative Functions' : Salve Submits on behalf of Facebook VP in the SC
"Farmers/Protestors Put the Entire Capital in Ransom": Plea in Delhi HC Seeks to Deploy Paramilitary Forces to Ensure Safety of Life and Property of Citizens
Rajasthan High Court bars taking of coercive steps against Karan Johar in the controversial case involving Hardik Pandya and KL Rahul
'Can be issued even without prior Summons': Karnataka High Court on matter of search warrant
Speculating on the outcome on a pending appeal is ‘Bordering on Professional Misconduct’ : SC [READ ORDER]
‘Pressing of child’s Breast without skin to skin contact is not the graver offence of 'sexual assault' under the POCSO Act, 2012: Bombay High Court [READ JUDGMENT]
Husband not Entitled to Seek Information Regarding Bank Details & Income Tax Returns of His Wife under RTI Act, 2005: CIC [READ ORDER]
All you need to know about the Republic Day Parade, 2021
Delhi HC shifts Caravan Defamation Case to Patiala House Court
Parliamentary Panel summons Facebook, Twitter officials on Jan 21, 2021
“It is a private app. Don't join it. Use some other app”: Delhi High Court on WhatsApp Updated Privacy Policy
Char Dham Road Project: Petitions to be listed in last week of January, 2021 as ordered by SC
SC allows Discharged Persons to travel to their home countries upon giving undertaking before the Revisional Court in Tablighi Jamaat Case [READ ORDER]
Delhi HC Orders All Subordinate Courts To Sit Physically on Alternate Day Basis [READ ORDER]
Urgent Meeting of Executive Committee Of SCBA; Know What Happened
Fine to be levied on the builder when he is unable to deliver the possession of house/flat on time: Supreme Court
Accused Has To Be Subjected To Breath Analyser or Blood Test to Attract Drunk Driving under S.185 of MV Act, 1988 : Kerala HC [READ ORDER]
Tip Off

Music streaming app Gaana raises Rs 375 crores in debt funding from existing shareholders Chinese technology giant Tencent, and Times Internet (TIL).

Music streaming app Gaana raises Rs 375 crores in debtfunding from existing shareholders Chinese technology giant Tencent, and Times Internet (TIL).
Business Sep 04, 2020 Shreya Tulavi ( Editor: Ekta Joshi ) 3 Shares

Also Read - US Judge orders Trump administration to defend or postpone the ban on TikTok

Gaana has raised 375 crores in debt funding from existing shareholders Chinese technology giant Tencent, and Times Internet (TIL).

Also Read - Tik Tok Chooses Oracle, Rejects Microsoft in Bid to sell the App’s operations in the US

The development comes nearly two years after Tencent led a $115 million funding round in the music streaming service. “We recently raised 375 crore debt from existing shareholders, Times Internet, and Tencent. Gaana is India’s leading music streaming service with over 185 million monthly active users,” a company spokesperson said.

Gaana’s fundraising was first reported by the information portal Entrackr. In July, Gaana had debuted a short-video platform HotShots, in a bid to capitalize on the unprecedented shopper demand following the ban on Byte Dance-owned TikTok. The music streaming service has signed up unique contracts with a number of prime TikTok influencers, ET reported in August.


520 Views

Leave a Reply

Trending

TODAY'S WEATHER

Subscribe To Our NewsLetter!

Get Latest Updates Right To Your Inbox!

Submit
Top
ad image