Live music streaming app Streo raises funds

Live music streaming app Streo has raised an undisclosed amount of investment from GEMs advisory and Quarizon, an accelerator fund. Streo Technologies Private Limited is an Indian company founded by Arush Dhawan and co-founded by Prerana Dhawan and Pranav Trehan with a single-minded vision of being a one-stop technology solution provider to the nightlife industry.

The app was launched on the app store and play store in May 2016. Apart from providing an un-interrupted, high-quality music experience, Streo gives its users access to the latest trends in music real time, saving them the trouble of making or updating a playlist ever. The brand aims to cater to the needs of the entire eco-system – nightclubs, artists and users making it a one-stop shop for all their music needs. Streo has on-board the leaders and influencers in the music industry to provide its users the experience it promises.

Commenting on the announcement, Founder Arush Dhawan said, “We are receiving a lot of interest from nightclubs and independent artists from multiple locations and have partnered with the more popular nightclubs in Delhi, Mumbai, Bangalore, Goa & Pune since March 2016. The investment from Quarizon will help us in rapidly expanding our partnerships with nightclubs and artists, thereby providing users a diverse experience. Also, while live music streaming is our key value proposition, we will be introducing other solutions going forward keeping in mind our vision, by constantly enhancing the user experience.”