New York based music streaming service Saavn is close to raising $30-40 million in a deal reportedly led by Hong Kong-based hedge fund Steadview Capital, according to the Economic Times. Saavn specializes in streaming music to the Hindi community and has a catalog of 1.1 million songs. Initial Saavn backers were Tiger Global Management and several angel investors. Related articles
Specialty Music Streamer Saavn Nears $30-40 Million Funding Round
New York based music streaming service Saavn is close to raising $30-40 million in a deal reportedly led by Hong Kong-based hedge fund Steadview Capital, according to the Economic Times.. Continue reading [https://www.hypebot.com/hypebot/2014/07/music-streamer-saavn-nears-30-40m-funding-round.html]

