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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
Social
XFacebook
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
Last Known Valuation
$***** as on Aug 10, 2024
Investors
Ranked
Annual Revenue
₹8.06Cr as on Mar 31, 2025
Employee Count
208 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Entertainment Network India (Aug 10, 2024)

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:lockFilter 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
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Gaana's founders and board of directors

Founder? Claim Profile
The founders of Gaana are Jai Thade and Avinash Mudaliar.
Here are the details of Gaana's key team members:

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

Gaana's employee count trend

Gaana has 208 employees as of Apr 26. Here is Gaana's employee count trend over the years:
Employee count trend for Gaana
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ximalaya
Ximalaya
2012, Shanghai (China), Acquired
Online platform for streaming internet radio, audiobooks, and more
$1.25B
67/100
2nd
Logo for JioSaavn
JioSaavn
2007, Mumbai (India), Series C
On-demand music streaming platform
$100M
64/100
3rd
Logo for Gaana
Gaana
2010, Noida (India), Acquired
Provider of a cloud-based vernacular platform for on-demand music streaming
$206M
57/100
4th
Logo for Wynk
Wynk
2014, Delhi (India), Unfunded
Provider of music streaming application
-
-
48/100
5th
Logo for Times Music
Times Music
1999, Mumbai (India), Unfunded
Online platform for buying Indian music
-
-
44/100
6th
On demand music streaming platform
-
-
41/100
7th
Logo for Jalso
Jalso
2017, Ahmedabad (India), Unfunded
Provider of a vernacular-music streaming platform
-
-
40/100
8th
Logo for Baja
Baja
2019, Delhi (India), Seed
Platform for streaming regional music
$549K
38/100
9th
Logo for Raaga
Raaga
1999, Chennai (India), Unfunded
Online music streaming platform
-
-
37/100
10th
Logo for Videomirchi
Videomirchi
2012, Mumbai (India), Unfunded
Provider of curated Hindi and Bollywood music videos
-
-
37/100
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Gaana's Latest cap tables and shareholding

Funds own 38.88%, Parent Entities (largest shareholder) own 55.48%, Other People own 0.10% and ESOP Pool own 5.56%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Fund
38.88%
1,610Cr
4102761
1477954
9151543
4800618
3345574
5904600
8463853
2030039
6465510
3122580
Parent Entity
55.48%
2,300Cr
9104874
9307381
1468018
9171805
Other People
0.10%
3.12Cr
0
0
0
0
ESOP Pool
5.56%
231Cr
45196
49523
78441
42309
Total
100.00%
4,150Cr
8424808
5085155
7223667
9718767
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Gaana's Shareholding

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

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FAQs about Gaana

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