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Dhingana Raises $7M For Free, Streaming Indian Music

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http://techcrunch.com – Dhingana, a startup with a free service for streaming Indian and Bollywood music, has raised $7 million in Series B funding. The company’s catalog includes 500,000 songs in 35 languages, which it makes available on its website and through smartphone apps. Dhingana says it has built an audience of 15 million monthly active visitors, making it the most popular service of its kind. And 40 percent of those visitors are located outside of India. The round was led by Lightspeed Venture Partners, with participation from previous investors Inventus Capital Partners and Helion Venture Partners. (IT news)