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Indian Streaming Service Saavn Raises Second Round of Funding

The Indian streaming service raises its second round of capital.

Indian music streaming service Saavn has raised a fresh round of capital, Rdio acquired Indian music service Dhingana for an undisclosed sum. Dhingana had 9 million monthly active users before it closed. Rdio said it will revive the service later this year. The iTunes Music Store launched there in late 2012. However, the bigger names in streaming, Spotify and Deezer, have yet to debut in India.