Chinese Internet conglomerate Tencent is leading a $115-million round of funding into music streaming service Gaana, which was launched by Times Internet..Shardul Amarchand Mangaldas acted for Times Internet along with its in-house counsel Parul Sabharwal. The SAM team was led by Partner Amit Khansaheb along with Principal Associate Nikhil Sachdeva, Senior Associate Rahul Chugh and Associate Mayank Malhotra..Platinum Partners advised Tencent and the team was led by Partners Karam Dauletsingh and Gaurav Desai along with Associate Sameeksha Chowla..Gaana, which has more than 60 million monthly active users and competes with Saavn, Apple Music and Amazon Prime Music, among others, will use the funds on technology developments, particularly focussing on artificial intelligence (AI) to personalise music experiences for consumers, reported ET.
Chinese Internet conglomerate Tencent is leading a $115-million round of funding into music streaming service Gaana, which was launched by Times Internet..Shardul Amarchand Mangaldas acted for Times Internet along with its in-house counsel Parul Sabharwal. The SAM team was led by Partner Amit Khansaheb along with Principal Associate Nikhil Sachdeva, Senior Associate Rahul Chugh and Associate Mayank Malhotra..Platinum Partners advised Tencent and the team was led by Partners Karam Dauletsingh and Gaurav Desai along with Associate Sameeksha Chowla..Gaana, which has more than 60 million monthly active users and competes with Saavn, Apple Music and Amazon Prime Music, among others, will use the funds on technology developments, particularly focussing on artificial intelligence (AI) to personalise music experiences for consumers, reported ET.