June 21, 2018 10:59 PM ET

Internet Software and Services

Company Overview of Saavn, LLC

Company Overview

Saavn, LLC operates an online portal for everyone to listen music. It offers digital music service for Indian, and regional South Asian music; and advertising services for Fortune 500 companies and new web startups. The company was founded in 2006 and is based in New York, New York. As of April 5, 2018, Saavn, LLC operates as a subsidiary of Reliance Industries Limited.

460 Park Avenue South

4th Floor

New York, NY 10016

United States

Founded in 2006

Phone:

212-710-3080

Fax:

212-349-4013

Key Executives for Saavn, LLC

Co-Founder and Chief Executive Officer
Co-Founder and Executive Chairman
Chief Operating Officer and Managing Director
Vice President of Entertainment and Original Content
Partner
Age: 45
Compensation as of Fiscal Year 2017.

Saavn, LLC Key Developments

Unlimited Music Adds Saavn to its Service

Saavn is being added to the list of music streaming apps included in Videotron's Unlimited Music service as of April 10, 2017, bringing the total number of supported apps to 19.

Saavn to Launch Programmatic Audio Advertising for Mobile Devices in India

Saavn announced the launch of programmatic audio advertising in India, the newest addition to Saavn’s extensive suite of advertising technology offerings. This new platform, created in partnership with AdsWizz, automates the real-time buying, targeting, optimization, and reporting of audio ad inventory into a few simple steps. Major brands across India, including Saavn’s current base of over 250 advertisers, can now use relevant data to significantly simplify the process to access and communicate with Saavn’s 20 million unique listeners. Audio, especially on mobile devices, is a highly personal experience and is a form of personal expression and mood. With the increase of demanding lifestyles, audio is becoming an intrinsic part of this generation’s media consumption. Earlier while television and other visual mediums were the trigger points for consumers, the company now seeing a shift towards passive entertainment consumption. Audio is the only true companion medium that can traverse entire day; unlike visual mediums in the online and offline world, audio does not require peoples’ fully focused attention to make a lasting impact. Digital audio is considered a premium because of the passion-centric brand safe environment it’s delivered in as well as the enormous amounts of data its consumption produces. Each stream is associated with a time-of-day, location, device brand/model, mobile operator, genre, age, gender, and several other factors. Audio is fundamentally a medium about “top of the funnel” branding instead of clicks and conversions reserved for demand fulfillment media like Google search ads. Global digital audio solutions provider AdsWizz, Omnicom Media Group, and Saavn created the first private marketplace for major brands. Hewlett-Packard (HP) was the first brand advertiser in India to run digital audio buys programmatically on Saavn. Targeting parameters such as gender, age, geography, device, mobile operator, time-of-day, and other custom cohorts are available to select in a simple console accessible to media buyers on their laptops and desktops. HP was able to engage its broadly identified target customers and create more awareness for its PCs among them. Overall, the time taken to launch this digital audio brand campaign was drastically reduced. Creative assets were uploaded with just a few mouse clicks and sophisticated reporting on campaign results were available in real-time, allowing stakeholders to control where and how their message appeared. Beyond specifying targeting parameters, major brands like HP gain invaluable data insights on listener engagement across the country. Eventually, brands will also run hundreds of audio advertising messages simultaneously using sophisticated data-driven cohorts for the right audio message to reach the right listener.

Saavn Announces Partnership with Singtel Music

Saavn announced that it will be partnering with Singtel Music to provide Singtel Postpaid Mobile customers unlimited music at no data charges on Saavn Pro.

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Recent Private Companies Transactions

Type
Date
Target
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