Discussion Gaana App & Website - News & Updates

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Close on the heels of India's ban on 118 Chinese apps, including a few that are linked to Tencent, reports suggest that the tech giant is bringing additional investments to the popular Indian music and podcast streaming platform Gaana.

According to published reports, Tencent led the latest round of funding that pumped in $50 million into Gaana, of which 80% came from the Chinese tech giant. The rest of the fund infusion was done by Times Internet. Post the round, Tencent now owns 34.4% of the company whereas Times Group's holding got diluted to 60.18%.

Tencent invests $40 million in Indian music streaming app Gaana - a Hotshot move
 
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