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# Specialty Music Streamer Saavn Nears $30-40 Million Funding Round
- URL: https://www.hypebot.com/music-streamer-saavn-nears-30-40m-funding-round/
- Published: 2014-07-31T08:29:53.000Z
- Updated: 2014-07-31T08:29:53.000Z
- Description: 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]
- Author: Bruce Houghton
- Tags: Music Tech, Startups & Funding, Streaming, #wp, #wp-post, #Import 2026-01-21 10:38

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New York based music streaming service [Saavn](http://www.saavn.com/?ref=hypebot.com) 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](http://articles.economictimes.indiatimes.com/2014-07-30/news/52238101%5F1%5Fdigital-music-market-240-crore-mahindra-comviva?ref=hypebot.com). 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

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