SAAVN
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech future
Jio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connectivity through AI and cloud technologies, the company is also highlighting its extensive patent holdings. While Reliance Jio Infocomm continues to generate substantial revenue, the company aspires to broaden its reach into enterprise solutions and diverse digital products.
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?
The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the grey market premium points to an indicative listing price of Rs 1,364 per share.
Jio IPO’s grey market hints at 20% listing pop. What are Emkay, SBI Securities saying?
Jio Platforms’ Rs 30,200 crore IPO commands a grey market premium of Rs 221, suggesting nearly 20% listing gains. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth, digital expansion and technology strengths, while flagging regulatory, competitive and financial risks.
Jio IPO GMP at 20%: Grey market signals Rs 220 premium as brokerages say subscribe
Jio Platforms IPO GMP today: Jio Platforms’ Rs 30,200 crore IPO has a grey market premium of Rs 220 ahead of its October 21 opening. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth and digital expansion, while flagging valuation, regulatory and capital expenditure risks.
GAIL launches Season 2 of ‘Wah Kya Energy Hai’ campaign with new anthem
GAIL (India) has launched the second season of its consumer awareness campaign called Wah Kya Energy Hai. The campaign includes four short films and a new anthem promoting cleaner energy options. These films feature the Mishra family navigating everyday situations while highlighting the benefits of compressed natural gas and other cleaner fuels. The newly released anthem showcases GAIL's energy infrastructure and initiatives in compressed biogas.
JioSaavn crosses 500 million downloads on Google Play
JioSaavn has achieved a significant milestone, surpassing 500 million downloads on the Google Play Store, making it the sole Indian music streaming service to reach this scale. This growth, fueled by product enhancements and strategic subscription offers, solidifies its position in the competitive audio streaming market.
NCLT approves merger of Saavn Holdings with group firm
The National Company Law Tribunal (NCLT) approves the merger of Saavn Holdings into Saavn Media, owner of JioSaavn audio streaming platform. Jio Platforms holds 87.65%, Saavn Holdings 8.15%. The scheme aims to optimize the group structure, reduce legal entities, and cut expenses. JioSaavn, competing with Spotify and others, has a hybrid revenue model.
JioSaavn hires former LinkedIn exec Virginia Sharma as vice-president of brand solutions
Sharma will be based out of the Gurugam office, and will lead the company’s global digital ad monetisation efforts across platforms. She will be responsible for driving adoption of JioSaavn’s advertising solutions for brands, while overseeing agency and client relationships.
JioMusic, Saavn announce 90-days free 'premium' service for Jio users on the new app
According to the company, the current JioMusic and Saavn users will migrate to the new integrated JioSaavn platform.
Saavn, Airtel had access to FB user data even after 2015
These firms were allowed access following FB’s partnerships with developers to integrate “Facebook and Facebook features” onto those companies’ products.
Experts strike a discordant note on Saavn, Jio $1-b deal
Analysts say it’s unclear as to why JioMusic, with a fraction of Saavn’s revenues, is deemed to be worth nearly 4x the pre-money value of venture-funded firm
RIL to beef up JioMusic through Saavn investment, merged company to be valued at $1 billion
The company is acquiring partial stake from the existing shareholders of Saavn, including Tiger Global Management, Liberty Media and Bertelsmann among others.
Music streaming platform Saavn launches 'Artist Originals'
With AO, Saavn is the first streaming company to conceptualise, produce and distribute new music with independent artists in India.
Music streaming app Saavn partners with US based fintech company Mozido
According to Vinodh Bhat, Saavn co-founder, Mozido will benefit from the native ad inventory on Saavn to promote its mobile wallet service.
PM Narendra Modi's 'Mann Ki Baat' available on Saavn app
People can now listen recorded version of Prime Minister Narendra Modi's radio programme 'Mann Ki Baat' on music application Saavn in 24 languages.
Former Vodafone CEO Arun Sarin invests in Saavn, turns advisor
Saavn, which recently raised a $100-million round of funding, has roped in former Vodafone global CEO Arun Sarin as an investor and strategic advisor.
Saavn eyes 25 million users by year-end; launches service for Windows 10 platform
Backed by investors like Tiger Global and Quilvest, Saavn currently has about 17 million monthly active users, of which 14 million are in India.
Ahead of video launch, Saavn raises Rs 635 crore from Tiger Global, others
Music-streaming company Saavn has raised $100 million in funding led by Tiger Global Management as it prepares to launch a video service.
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