When was JioSaavn founded?

JioSaavn was founded in 2007 and raised its 1st funding round 8 years after it was founded.

Where is JioSaavn located?

JioSaavn is headquartered in Mumbai, India. It is registered at Office -101, Saffron, Nr. Centre Point, Panchwati 5 Rasta, Ambawadi, Ambawadi (Ahmedabad), Ahmedabad, Ahmadabad City, Gujarat, India, 380006.

Who is the current CEO of JioSaavn?

Rishi Malhotra of JioSaavn. They have also founded 2 companies.

Which legal entities is JioSaavn associated with?

JioSaavn is associated with SAAVN MEDIA LIMITED.

How many employees does JioSaavn have?

As of Jan 31, 2025, JioSaavn has 269 employees, reflecting a 9% year-over-year decline in headcount.

Is JioSaavn a funded company?

JioSaavn is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Jul 07, 2015.

When was the latest funding round of JioSaavn?

JioSaavn's latest funding was a $***** Angel round on Jun 15, 2016, with participation from 1 investor.

What is the annual revenue of JioSaavn?

Annual revenue of JioSaavn is ₹51.1L as on Mar 31, 2025.

Where does JioSaavn rank among its competitors?

JioSaavn ranks 2nd amongst 29 active competitors, of which 2 are funded. It stands 3rd 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 JioSaavn?

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

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

JioSaavn is a series C company based in Mumbai (India), founded in 2007 by Vinodh Bhat, Anjali Jindal Naik, Rishi Malhotra, Anurag Gupta and Paramdeep Singh. It operates as an On-demand music streaming platform. JioSaavn has raised $100M in funding from Tiger Global Management. The company has 29 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Ximalaya, Gaana and Wynk.

Company Details

Jio Saavn is a music streaming platform for on-demand music that allows users to stream and download the songs based on the artists, genres, etc. It offers various features include filtering, toggling between songs, albums, and playlists, metadata searches for artists and music directors, etc. The songs are available in various languages like Hindi, Marathi, Punjabi, Kannada, and more. The mobile app is available for Android, iOS, and Windows devices. It generates revenue through the freemium model and advertisements.

Website: www.jiosaavn.com/
Social
Email ID: *****@jiosaavn.com
Part Of
Registered Address: Office -101, Saffron, Nr. Centre Point, Panchwati 5 Rasta, Ambawadi, Ambawadi (Ahmedabad), Ahmedabad, Ahmadabad City, Gujarat, India, 380006

Key Metrics

Founded Year

2007

Location

Mumbai, India

Stage

Series C

Total Funding

$100M in 2 rounds

Latest Funding Round

Angel, Jun 15, 2016, $*****

Investors

Tiger Global Management & 8 more

Ranked

2^nd among 29 active competitors

Annual Revenue

₹51.1L as on Mar 31, 2025

Employee Count

269 as on Jan 31, 2025

Investment & Acquisitions

Zapr

Similar Companies

Ximalaya & 50 more

View JioSaavn's full profile

JioSaavn is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SAAVN MEDIA LIMITED CIN: U72300GJ2011PLC164177 , India, Active	Aug 26, 2011	$60.4K (As on Mar 31, 2025)	270 (As on Apr 30, 2025)

JioSaavn has raised a total funding of $100M over 2 rounds. Its first funding round was on Jul 07, 2015. Its latest funding round was a Angel round on Jun 15, 2016 for $*****. 1 investor participated in its latest round. JioSaavn has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of JioSaavn:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2016	7331572	Angel	1463938	3032136	8805333	6680879
Jul 07, 2015	9369604	Series C	2581784	4466078	Tiger Global Management	Bertelsmann India Investments & 3 more

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View details of JioSaavn's funding rounds and investors

The founders of JioSaavn are Vinodh Bhat, Anjali Jindal Naik, Rishi Malhotra, Anurag Gupta and Paramdeep Singh. Rishi Malhotra is the CEO of JioSaavn.

Here are the details of JioSaavn's key team members:

Vinodh Bhat: Cofounder & Board Member of JioSaavn. They are also an angel investor in 1 startup.
Anjali Jindal Naik: Former Co-Founder of JioSaavn and founder of 2 other companies, Cartken Robotics and Cartken.
Rishi Malhotra: Co-founder, Board Member & Former CEO of JioSaavn and founder of 1 other company.
Anurag Gupta: Co-founder, CTO of JioSaavn.
Paramdeep Singh: Co-Founder & Executive Chairman of JioSaavn.

View details of JioSaavn's Founder profiles and Board Members

JioSaavn's employee count trend

JioSaavn has 269 employees as of Jan 25. The total employee count is 9.0% lower than what it was in Jan 24. Here is JioSaavn's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ximalaya 2012, Shanghai (China), Acquired	Online platform for streaming internet radio, audiobooks, and more	$1.25B	Tencent, General Atlantic & 24 others	65/100
2nd	JioSaavn 2007, Mumbai (India), Series C	On-demand music streaming platform	$100M	Steadview, Tiger Global Management & 7 others	64/100
3rd	Gaana 2010, Noida (India), Acquired	Provider of a cloud-based vernacular platform for on-demand music streaming	$206M	Tencent, Micromax Informatics & 9 others	57/100
4th	Wynk 2014, Delhi (India), Unfunded	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	Jalso 2017, Ahmedabad (India), Unfunded	Provider of a vernacular-music streaming platform	-	-	40/100
8th	Baja 2019, Delhi (India), Seed	Platform for streaming regional music	$549K	Angel List, Sequoia Capital & 14 others	38/100
9th	Raaga 1999, Chennai (India), Unfunded	Online music streaming platform	-	-	37/100
10th	Videomirchi 2012, Mumbai (India), Unfunded	Provider of curated Hindi and Bollywood music videos	-	-	37/100