Saavn is an online music streaming service that is based in India. The service was founded in 2007 and has a vast catalog of Indian music. It has rights to over eight-crore songs in 15 different languages. Currently, Saavn is the most popular music streaming service in India.
Rather than relying solely on advertisements to generate revenue, Saavn makes money by licensing its music collection and technology. This allows the company to generate much more revenue than it does with advertisements. This revenue comes from a variety of sources, including selling emails to advertising networks, selling ratings of songs and videos to regional websites, and selling secondary music licenses.
JioSaavn offers well-curated playlists that feature millions of songs. Whether you’re looking for a playlist for a party, or you’re listening for your favorite Bollywood song, JioSaavn has you covered. The music service also offers a variety of genres and languages to fit your needs.
The emergence of Saavn is exciting news for the music industry. The company has received investments from Tiger Global and has raised $16 million from angel investors. The company has also been successful in attracting new artists to its roster. In 2015, it received $100 million in funding from Tiger Global, a firm known for making big bets on India’s most promising internet companies.
While JioSaavn will continue to offer free basic features, other users will be required to pay a subscription fee. JioSaavn offers a number of other features, including music downloads for offline listening. JioSaavn is the biggest music streaming service in India. The service is part of Jio’s JioMusic business.