Wednesday, February 28, 2018

Tencent leads $115m round for Indian music service Gaana

In 2015, KPMG predicted that the Indian recorded-music business would be worth $300m by 2019, while a bullish report from Deloitte the same year predicted $476.3m of Indian digital-music revenues in 2020, at which point it expected there to be 273 million online-music listeners in the country.
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