Nikita S @singareddynm investor @rre ventures (seed, A, B) 👩🏾‍💻 keeping tech weird on spaceship earth, serial experimenter 🤖 ex @oscarhealth @thegovlab stats @columbia Apr. 25, 2019 1 min read

Crazy stat 🤯 We’ll see if JioSaavn, as its parent RelianceJio continues to barnstorm India’s telecom market with affordable 4G/LTE, will hit this milestone too.

Both have cut fees by 70% to counter Spotify/YouTube Music in India (₹99 vs ₹129)

We can already see the Saavn switch happening..

Feb 2018 on the Google App Store (more Androids in India): Gaana #51, Saavn #318
April 2019: Saavn #23, Gaana #28

(Also fun to note: Saavn’s video streaming service - JioTV - ranks #24)

The song streaming market in India alone will reach $35B+ by 2020.

Gaana‘s main owner is a conglomerate you’ve never heard of: Times Group. It owns 39+ digital products across news, sports, music, video, trivia, spirituality & a suite of transaction-led marketplaces including..

🏢Real estate portal Magicbricks
💫 Astrology app Astrospeak
🍽Restaurant booking app Dineout
🏏All things cricket app Willow
🌎 Travelguide Happy Tricks
🧠 Live trivia app Brain Bazaari
📦 Logistics platform Delhivery
📝Edtech platform Bjyu
💊 Epharmacy app Myra


You can follow @singareddynm.



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