When was Gaana founded?

Gaana was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Where is Gaana located?

Gaana is headquartered in Noida, India. It is registered at The Times Group, Sunteck Icon, CTS 6956 VLG, Kolekalyan Vimantal, CST Link Road, Kalina, Santacruz East, Vidyanagari, Mumbai, Mumbai, Maharashtra, India, 400098.

Which legal entities is Gaana associated with?

Gaana is associated with Gamma Gaana Limited and 1 other.

How many employees does Gaana have?

As of Sep 30, 2026, the latest employee count at Gaana is 215.

Is Gaana a funded company?

Gaana is a funded company, having raised a total of $206M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 14, 2015.

How much is Gaana worth?

The last known valuation of Gaana was $***** as of Aug 10, 2024.

When was the latest funding round of Gaana?

Gaana's latest funding was a $***** Series A round on Jun 24, 2021, with participation from 1 investor. Its primary sector is Music Tech. Globally, the Music Tech sector has seen $1.2B in funding in 2026 to date.

What is the annual revenue of Gaana?

Annual revenue of Gaana is less than ₹10 Cr as on Mar 31, 2026

Where does Gaana rank among its competitors?

Gaana ranks 3rd amongst 32 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Baja, which secured $73.5K in Feb, 2022.

Who are the top competitors of Gaana?

Gaana's top competitors include JioSaavn, Ximalaya and Wynk. Among them, Baja secured the most recent funding round in February, 2022.

Gaana - 2026 Company Profile, Team, Funding, Competitors & Financials

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 32 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like JioSaavn, Ximalaya 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
Social
Email ID: *****@gaana.com
Part Of
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

Series A, Jun 24, 2021, $*****

Last Known Valuation

$***** as on Aug 10, 2024

Investors

Tencent & 10 more

Ranked

3^rd among 32 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2026

Employee Count

215 as on Sep 30, 2026

Investment & Acquisitions

MusicFellas

Similar Companies

JioSaavn & 51 more

Exit Details

Acquired by Entertainment Network India (Aug 10, 2024)

View Gaana's full profile

Gaana is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ENTERTAINMENT NETWORK (INDIA) LIMITED CIN: L92140MH1999PLC120516 , India, Active	Jun 24, 1999	₹500 - ₹1,000 Cr (As on Mar 31, 2026)	922 (As on Aug 31, 2025)
Gamma Gaana Limited CIN: U72900DL2012PLC241148 , India, Active	Aug 27, 2012	0 - ₹10 Cr (As on Mar 31, 2026)	13 (As on Jun 30, 2024)

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

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	7180982	Series A	1657471	5469573	5636785	6182891
Aug 31, 2020	6826672	Series A	2875139	4681908	8810841	Times Internet
Feb 28, 2018	4914820	Series A	6021022	5630570	Tencent	5498568

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View details of Gaana's funding rounds and investors

The 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
vgagria	Team	-	Past	4y 4m
zxswple	Team	-	Past	3y 7m
cwcdxzw	Team	-	Past	7y 2m
sbxre{i	Team	-	Past	6y 6m
x{{ym{r	Team	-	Past	2y 8m
nswwtpf	Team	-	Past	1y 2m
yxatwhv	Team	-	Past	2y 4m
hquyyam	Team	-	Past	8y 5m
muvvwxi	Team	-	Past	6y 1m
dklzzah	Team	-	Past	6y 2m
ykqtcba	Investor	hbnhlsa	Past	3y 5m
yyjyqds	Investor	ajflxiu	Past	9y 1m
Mehul Shah	Independent board member	-	Current	2y 10m
ermcopf	Independent board member	-	Current	3y 3m
jkerfbo	Independent board member	-	Current	6y 5m

View details of Gaana's Founder profiles and Board Members

Gaana's employee count trend

Gaana has 215 employees as of Sep 26. Here is Gaana's employee count trend over the years:

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Top competitors of Gaana include JioSaavn, Ximalaya and Wynk. Here is the list of Top 10 competitors of Gaana, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JioSaavn 2007, Mumbai (India), Series C	On-demand music streaming platform	$100M	Tiger Global Management, http://quilvestgroup.com ... & 7 others	69/100
2nd	Ximalaya 2012, Shanghai (China), Acquired	Online platform for streaming internet radio, audiobooks, and more	$1.25B	Tencent, Goldman Sachs & 24 others	67/100
3rd	Gaana 2010, Noida (India), Acquired	Provider of a cloud-based vernacular platform for on-demand music streaming	$206M	Micromax Informatics, Times Internet & 9 others	64/100
4th	Wynk 2014, Delhi (India), Unfunded	Provider of music streaming application	-	-	54/100
5th	Times Music 1999, Mumbai (India), Unfunded	Online platform for buying Indian music	-	-	43/100
6th	Jalso 2017, Ahmedabad (India), Unfunded	Provider of a vernacular-music streaming platform	-	-	40/100
7th	Rabindra Sangeet Swarabitan 2020, India, Unfunded	On demand music streaming platform	-	-	40/100
8th	Baja 2019, Delhi (India), Seed	Platform for streaming regional music	$549K	Angel List, WhiteHill Ventures & 14 others	38/100
9th	Videomirchi 2012, Mumbai (India), Unfunded	Provider of curated Hindi and Bollywood music videos	-	-	37/100
10th	MuSlate 2013, Delhi (India), Unfunded	Music streaming platform for Indian music	-	-	37/100

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Looking for more details on Gaana's competitors? Click here to see the top ones

Gamma Gaana Limited, the legal entity associated with Gaana, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of Gamma Gaana Limited has a compounded annual growth rate (CAGR) of 6% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	9389	7103	1790	2052	3987
Total Sales	1024	4501	6597	9652	9031
Total Expenses	4613	3275	5475	2745	6385
Operating Expenses	2955	1049	5886	7683	5803
Employee Expenses	6759	4619	6279	7278	6246
Marketing Expenses	8789	3254	9208	4243	7981
Operating Income (EBIT)	9223	3712	6479	2959	5455
Interest Expenses	3692	1464	2990	3452	6337
Expenses from other activities	7071	9797	5987	8248	6063
EBITDA	7052	7411	6223	1259	1202
Taxes	1310	8272	9229	2036	6421
Net Profit	4364	7077	6886	9133	5381
Balance Sheet
Assets	6247	8271	8767	1275	4777
Cash Equivalent	8902	1957	9778	6035	9592
Accounts Receivables	1053	1404	6328	1882	4666
Inventory	8853	7051	8453	4396	4961
Liabilities	2356	7148	6979	7698	6624
Total Debt	2028	8577	6620	2167	4624
Accounts Payable	3086	2840	8764	5801	3259
Equities	4498	5286	4195	2997	7796
Cashflow Statement
Cash from Operating activities	4438	2561	7551	4905	9667
Cash from Investing activities	7253	7951	4332	2175	6108
Net cash from Financing activities	6073	8905	7703	7764	3617

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Funds own 38.88%, Parent Entities (largest shareholder) own 55.48%, Other People own 0.10% and ESOP Pool own 5.56%. The cap table displayed below is for Gamma Gaana Limited which is the legal entity associated with Gaana.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	38.88%	1,610Cr	8083035	6934449	3162563	4512797
Tencent	4336264	9972625	5078656	3697877	8933067	5218752
Parent Entity	55.48%	2,300Cr	5381138	7370356	9070162	8338659
Other People	0.10%	3.12Cr	0	0	0	0
ESOP Pool	5.56%	231Cr	16838	65701	85893	39070
Total	100.00%	4,150Cr	3733583	3281708	6760231	9848939