Reliance Jio & Saavn Lock-Down Merger Valued At $1 BN To Become The Biggest Streaming Platform In India

Posted at March 28th, 2018 | by Yash Vikram Singh | in Entertainment, Featured, News

As music streaming polarizes and is on it’s way to becoming the surefire way to listen to music worldwide, there’s business that needs to be bagged and tagged. For some amount of time, India has had its own streaming services that originated within the country such as Saavn, Gaana, Wynk along with giants in the space such as Apple Music & Google Play. But some of the other ones are working on procuring a slice of the pie as well.




Just a while ago we heard the news that Spotify is planning an India launch pretty soon. But before that happens, Reliance has struck a deal with Saavn for their own Streaming play in the Indian market. Jio Music will be latest streaming service to grace us as Reliance Industries Limited have acquired a stake worth $104 Million in Saavn.


Nearly 10 years ago, we had a vision to build a connected music platform, dedicated to South Asian culture across the globe. Vin, Param and I always envisioned the company for the long term with intense focus on products, data, and ground-breaking original content.



“Our alignment with Reliance enables us to create one of the largest, fastest-growing, and most capable media platforms in the world.” Rishi Malhotra, Co-Founder and CEO at Saavn.


This deal will only see Saavn transcending onto becoming much more global. Saavn boasts of over 36 Million tracks in 15 languages. One of the biggest deals pertaining to music this side of the ocean. The deal will see Jio Music valued at $670 Million & Saavn at over $330 Million.


Source: MBW

Yash Vikram Singh


Psy Legends Vini Vici Are Coming To India This November

Psychedelic Trance dignitary Vini Vici are planning an India tour later thi ...

20 Night Clubs In India That You Need To Party At

There are very little things that may beat going out partying that would ma ...

One Republic Are Coming To India Next Month

One of the greatest Pop-Rock bands of our time are hitting up India next mo ...

Troyboi Is Coming Back For An India Tour This Month

It seems like Troyboi will be coming back for more after his debut India to ...

10 Night Clubs In Mumbai That You Must Party At

Not every soul would agree but Mumbai is the most exquisite city when it co ...

Cafés In Mumbai That Won't Burn A Hole In Your Pocket

Mumbai is yuuge and as a result there are loads and loads of quirky and min ...


The The Twerk Anthem By "City Girls" Now Features CardiB

Irreverent rap duo City Girls had no ambition beyond recording a diss t ...

Now Stream Bollywood Music On Spotify

Spotify has entered into a global content deal with T-Series, India’s lar ...

Ariana Grande Surprises With A Rap In Her New Song

Ariana Grande's new song, 7 Rings is ALL THAT. And the Hype is as real ...

Tomorrowland, 2019 Is Celebrating 15 Years Of Tomorrowland And It Is Going To Be EPIC

  In July 2019, 400,000 People of Tomorrow from 200 different count ...

Fetty Wap Is Back At It Again With New Tracks

Willie Maxwell II, known professionally as Fetty Wap, is an American rapper ...

Jaden Smith Set To Perform In India

Vh1 Supersonic has one of the craziest line ups. Artists like Marshmall ...

Find Events

In your city, in your neighbourhood. Coming soon.

What’s Trending

What trends never ends.


Follow Us on Insta for #GVOStuff