JioSaavn, a privately owned company headquartered in India, was founded in 2007 as Saavn and today employs approximately 660 individuals. In March 2018, Reliance Industries Limited (RIL) acquired a majority stake in the company. The company operates an audio streaming service specializing in South Asian music and artists. Functioning as India's largest music streaming service, it boasts over 100 million monthly active users and maintains more than 900 label partnerships. The platform offers access to over 80 million tracks across 16 languages, with the application itself available in six regional Indian languages as part of ongoing regionalization efforts.
JioSaavn announced updates to its JioTunes experience on September 11, 2026, introducing a dedicated editorial campaign for the Ganpati festival aimed at enriching user experience for the festive season. This follows a report by EY and the Indian Music Industry (IMI) on August 26, which suggested that e-commerce bundling and tiered offerings could significantly drive growth for audio services in India, noting average revenue per user (ARPU) at Re 1 per day. Earlier, on August 19, an analysis highlighted the under-monetization of India's recorded-music market, which accounts for approximately 18% of the world's population but generates only 1-2% of global recorded-music revenue, indicating a significant untapped audience in a global market projected at $31.7 billion in 2025. Previously, on August 13, JioSaavn integrated JioTunes, enabling all Jio users to activate caller tunes with a single tap while listening to their favorite tracks, reinforcing its commitment to seamless music experiences.
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