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>Gaana App has been acquired by Radio Mirchi for Rs 25 lakhs. >Gaana App is an on-demand music streaming platform that was once a $500 million startup. >After failed merger and acquisition talks with Wynk Airtel, the app was acquired by Radio Mirch

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Havish Gupta

Stealth • 4m

Just can't understand how a $500 Million startup was Aquired for just ₹25 lakhs. Spotify would have paid times more than that.

1 replies1 like
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Can't we just build our own Spotify by just uploading songs when they released..?

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>Gaana App has been acquired by Radio Mirchi for Rs 25 lakhs. >Gaana App is an on-demand music streaming platform that was once a $500 million startup. >After failed merger and acquisition talks with Wynk Airtel, the app was acquired by Radio Mirch

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VCs need to understand this, I need only 50 lakhs for my startup. Not $1 million. It's that simple. 😋

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