Gaana - About the company
Gaana is an acquired company based in Noida (India), founded in 2010 by Jai Thade and Avinash Mudaliar. It operates as a Provider of a cloud-based vernacular platform for on-demand music streaming. Gaana has raised $206M in funding from Tencent and Micromax Informatics, with last known valuation of $*****. The company has 29 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Ximalaya, JioSaavn and Wynk.
Company Details
Gaana is the provider of a cloud-based vernacular platform for on-demand music streaming. It offers access to music across multiple Indian languages like Hindi, Punjabi, Tamil, Telugu, Bhojpuri, Kannada, Malayalam, and Bangla. Users can access lyrics, sync downloads on multiple devices, access music across various genres, Bollywood films, and regional categories. Its app is available across both Android and iOS platforms.
- Website
- gaana.com
- Email ID
- *****@gaana.com
- Registered Address
- The Times Group, Sunteck Icon, CTS 6956 VLG, Kolekalyan Vimantal, CST Link Road, Kalina, Santacruz East, Vidyanagari, Mumbai, Mumbai, Maharashtra, India, 400098
Key Metrics
Founded Year
2010
Location
Noida, India
Stage
Acquired
Total Funding
$206M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 10, 2024
Ranked
3rd among 29 active competitors
Annual Revenue
₹8.06Cr as on Mar 31, 2025
Employee Count
208 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Entertainment Network India (Aug 10, 2024)
Legal entities associated with Gaana
Gaana is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Gamma Gaana Limited CIN: U72900DL2012PLC241148 , India, Active | Aug 27, 2012 | $954K (As on Mar 31, 2025) | 13 (As on Jun 30, 2024) | |
ENTERTAINMENT NETWORK (INDIA) LIMITED CIN: L92140MH1999PLC120516 , India, Active | Jun 24, 1999 | $68.9M (As on Mar 31, 2025) | 922 (As on Aug 31, 2025) |
Gaana's acquisition details
Gaana got acquired by Entertainment Network India on Aug 10, 2024 at an acquisition amount of $*****.
Click here to take a look at Gaana's acquisition in detail
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Gaana's funding and investors
Gaana has raised a total funding of $206M over 4 rounds. Its first funding round was on Oct 14, 2015. Its latest funding round was a Series A round on Jun 24, 2021 for $*****. 1 investor participated in its latest round. Gaana has 3 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Gaana:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2021 | 9427283 | Series A | 9237044 | 8068439 | 8012127 | 9105614 |
Aug 31, 2020 | 4824724 | Series A | 3954164 | 9082179 | 7707666 | |
Feb 28, 2018 | 2630503 | Series A | 8975888 | 9483929 | 7159641 |
View details of Gaana's funding rounds and investors
Gaana's founders and board of directors
Founder? Claim ProfileThe founders of Gaana are Jai Thade and Avinash Mudaliar.
Here are the details of Gaana's key team members:
- Jai Thade: Co-Founder of Gaana.
- Avinash Mudaliar: Co-Founder of Gaana.
Gaana's Board of Directors
Gaana's board has 9 active members. Satyan Gajwani, Gautam Sinha, Joy Deb Kumar Basu, Po Shu Yeung, Brent Richard Irvin and Miten Harish Sampat are part of team and Mehul Shah, Yatish Gopendranath Mehrishi and Sanjay Kumar Ballabh are independent board members.Here is the list of Gaana's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
jdrvrzo | Team | - | Past | 7y 6m |
c{xemwq | Team | - | Past | 7y 4m |
mifkhuy | Team | - | Past | 6y 5m |
tutpirl | Team | - | Past | 7y 6m |
oeqjgna | Team | - | Past | 6y 9m |
uaqjbme | Team | - | Past | 1y 2m |
xijntqk | Team | - | Past | 6y 4m |
arqtact | Team | - | Past | 2y 7m |
rky{gaz | Team | - | Past | 2y 2m |
xnuqvoi | Team | - | Past | 4y 5m |
gucqsab | Investor | xxlucch | Past | 1y 4m |
t{aijqo | Investor | wgsiowu | Past | 2y 1m |
Independent board member | - | Current | 2y 4m | |
beltnbh | Independent board member | - | Current | 2y 9m |
wvbisrp | Independent board member | - | Current | 5y 5m |
View details of Gaana's Founder profiles and Board Members
Gaana's employee count trend
Gaana has 208 employees as of Apr 26. Here is Gaana's employee count trend over the years:
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Gaana's Competitors and alternates
Top competitors of Gaana include Ximalaya, JioSaavn and Wynk. Here is the list of Top 10 competitors of Gaana, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform for streaming internet radio, audiobooks, and more | $1.25B | 67/100 | ||
2nd | On-demand music streaming platform | $100M | 64/100 | ||
3rd | Provider of a cloud-based vernacular platform for on-demand music streaming | $206M | 57/100 | ||
4th | Provider of music streaming application | - | - | 48/100 | |
5th | Times Music 1999, Mumbai (India), Unfunded | Online platform for buying Indian music | - | - | 44/100 |
6th | Rabindra Sangeet Swarabitan 2020, India, Unfunded | On demand music streaming platform | - | - | 41/100 |
7th | Provider of a vernacular-music streaming platform | - | - | 40/100 | |
8th | Platform for streaming regional music | $549K | 38/100 | ||
9th | Online music streaming platform | - | - | 37/100 | |
10th | Videomirchi 2012, Mumbai (India), Unfunded | Provider of curated Hindi and Bollywood music videos | - | - | 37/100 |
Looking for more details on Gaana's competitors? Click here to see the top ones
Gaana's Investments and acquisitions
Gaana has acquired MusicFellas. Gaana has not made any investments as of now.Reports related to Gaana
Here is the latest report on Gaana's sector:
News related to Gaana
•
Mahindra partners with Gaana to enhance In-Car Audio in latest electric SUVsAdgully•Dec 05, 2024•Mahindra, Gaana
•
Radio Mirchi’s Operator ENIL Acquires Music Platform Gaana For Rs 25 LakhMarketing Mind•Aug 12, 2024•Entertainment Network India, Gaana, Mirchi, Wynk
•
Exclusive: Gaana acquired by Radio Mirchi’s parent for Rs 25 lakhEntrackr•Aug 10, 2024•Entertainment Network India, Gaana, Wynk
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Ferns N Petals Appoints Shashwat Goswami As Chief Marketing OfficerAdgully•Jan 05, 2023•Ferns N Petals, Gaana
•
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Arré Voice appoints Gaana's Divya Sharda as Head of ContentCyberMedia India Online•Dec 07, 2022•Arré, Gaana
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Fighting to survive, Tencent-backed music app Gaana turns to SubscriptionsVCCircle•Sep 09, 2022•Gaana
•
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