Saavn claims to have over 14 Million monthly active user base. Earlier in Q1 2015, the company had 11 Million Active user base which is now growing by 1 Million every month.
“Music streaming is at the center of the music industry, and India is one of the most important music economies in the world. With 2 million Androids shipping each week, music is driving data consumption and redefining mobile advertising. We are building the best-in-class mobile entertainment ecosystem, with music as the foundation. Our investors continue to be the best partners in the world. We’re excited to add millions of users to the Saavn family and deliver our long-term product vision across multiple platforms. Music is only the beginning,” said Rishi Malhotra, CEO & Co-Founder of Saavn.
“Saavn continues to innovate consumer products designed for India’s growing mobile user base. The team has built a leadership position in a unique marketplace while at the same time developing a world-class music service. We’re excited to support Saavn as it continues to define India’s mobile entertainment market,” said Lee Fixel, Partner at Tiger Global Management.
Saavn has also released an update to its Android Client. The update comes with following features:
- Personalized multi-language homescreen, supporting 11 languages
- Infinite scroll on homescreen
- “One-Click Play” on homescreen
- New & Trending content along with enhanced personalization in “My Music”
- Additional Charts, including top “Rewind” charts by decade for all 11 languages
- Enhanced music tagging and music chat features for Saavn Social
The company is working on releasing the new features on its iOS client. Saavn has also teamed up with Microsoft to launch Saavn on Windows. The Windows client will be released in August 2015.