Gaana App in debt

The development of the Gaana app has been 2 years but recently it was reported that the music streaming App has raised 375 crore debt funding from the Chinese Technology Tencent and Times Internet.
Tencent had an investment of $115 million on the said App. Gaana’s fundraising was first reported by news portal Entrackr and it has 185 million active users.
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News Source: ET
Update by Anupama Das
