Gaana, once India’s largest music streaming platform with over 200 million monthly active users, was led by Prashan Agarwal as CEO from 2016 to 2021. A serial entrepreneur and IIT Kanpur alumnus, Agarwal scaled Gaana from 10 million to over 150 million monthly active users during his five-year tenure. He raised over $200 million in funding — including a landmark $115 million round led by Tencent in 2018 — transforming Gaana into one of India’s most prominent consumer internet brands. Since departing Gaana in March 2021, Prashan has gone on to found multiple ventures in Web3, spiritual wellness, and creator economy platforms.

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Prashan Agarwal – Quick Facts

Gaana Competitors

During Prashan Agarwal’s tenure, Gaana competed fiercely in India’s crowded music streaming market. The key competitors of Gaana include:

• JioSaavn – Backed by Reliance Industries, India’s largest music and podcast streaming platform with 100M+ users
• Spotify India – Global streaming giant that entered India in 2019 and rapidly gained market share
• Wynk Music – Airtel-backed music streaming service bundled with telecom plans
• Apple Music India – Apple’s premium streaming service with a growing Indian catalog
• YouTube Music – Google’s music streaming platform with massive reach in India
• Amazon Music (Prime Music) – Bundled with Amazon Prime subscriptions in India
• Hungama Music – Indian OG music platform (shut down April 2025)

Prashan Agarwal Net Worth 2026 – Gaana CEO Salary

Prashan Agarwal’s net worth in 2026 is estimated at approximately $3–5 million USD. As CEO of a privately held company (Gaana was a subsidiary of Times Internet), his exact compensation was never publicly disclosed. His wealth is derived from his successful entrepreneurial exits — including co-founding PropTiger, which was valued at $100 million at exit — as well as his tenure as Gaana CEO, angel investments, and his current Web3 ventures including FanTiger (which raised $5.5 million in seed funding) and FanTV.

Estimated Compensation Overview

Gaana Net Worth – Company Financials

Gaana, once valued at $580 million after raising $242 million in total funding, saw a dramatic decline. In August 2024, Entertainment Network India Limited (ENIL, parent of Radio Mirchi) acquired Gaana for just ₹25 lakh (~$30,000) — a staggering 99.99% drop from its peak valuation. The platform now operates as a subscription-only service under ENIL’s ownership.

Gaana Financial Overview

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Gaana CEO Email Address | Prashan Agarwal Contact

Below are the contact details and social media profiles for former Gaana CEO Prashan Agarwal. Note that his Gaana email is no longer active since his departure in 2021. He can be reached through his social media profiles:

Career & Education – Company, University, & College

Prashan Agarwal’s career spans over two decades across consumer internet, real estate tech, corporate strategy, and music streaming. He is widely regarded as one of India’s most accomplished serial entrepreneurs, with multiple successful ventures and exits under his belt.

Before joining Gaana, Prashan co-founded PropTiger.com in February 2011 with angel investment of $2 million. He grew PropTiger into a leading real estate platform and made a successful exit in 2015 at a valuation of $100 million. Earlier, he launched AllCheckDeals.com, a real estate brokerage platform, and served as its Founding Director from 2007 to 2011.

In June 2015, he started a used-car marketplace platform, 19miles.com. He also led a flourishing corporate career at Naukri.com (Info Edge) as Vice President from 2006 to 2011, and at GE Infrastructure as IM Leader from 2005 to 2006. Before that, he served at Sapient Corporation as Senior Associate – Technology from 2001 to 2003.

In May 2016, Prashan joined Gaana (Times Internet) as CEO. Under his leadership, the platform grew from 10 million to over 150 million monthly active users, raised $200+ million in funding (including $115 million from Tencent in 2018), and became India’s #1 music streaming app by market share (~30%). He stepped down in March 2021.

Post-Gaana, Prashan launched OMI, a spiritual wellness platform, in July 2021 with funding from Nexus Venture Partners. He then founded FanTiger, an NFT music marketplace that raised $5.5 million in seed funding led by Multicoin Capital in 2022. He is currently building FanTV, a Web3 social platform with over 4 million users, based out of Dubai.

Prashan Agarwal Career Timeline

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Education

Prashan Agarwal Wiki – Age, Family, & More

Former Gaana CEO Prashan Agarwal is approximately 46–47 years old as of 2026, based on his IIT Kanpur graduating batch of 2001. He keeps his personal and family life private, with limited information available about his spouse and children. He was honored with the GE Infrastructure CIO Award of Excellence for Outstanding Six Sigma Project during his time at GE, and also won accolades during his school and college education.

Notable Achievements & Recognitions

• Scaled Gaana to #1 in India – Grew from 10M to 150M+ monthly active users, capturing ~30% market share
• Raised $200M+ for Gaana – Led fundraising including the landmark $115M Tencent-led round in 2018
• PropTiger Successful Exit – Co-founded PropTiger.com and exited at $100 million valuation in 2015
• GE CIO Award of Excellence – Recognized for Outstanding Six Sigma Project at GE Infrastructure
• FanTiger Pioneer – Built India’s first music NFT marketplace, raising $5.5M from Multicoin Capital
• Serial Entrepreneur – Founded or co-founded 6+ ventures across real estate, automotive, music, Web3, and wellness
• IIT Kanpur & ISB Alumnus – Graduate of two of India’s most prestigious institutions

Prashan is also an active angel investor in the Indian startup ecosystem. After his stint at Gaana, he co-founded OMI, a spiritual wellness platform backed by Nexus Venture Partners, reflecting his interest in holistic wellness and Indian spiritual traditions including astrology, yoga, meditation, and ayurveda.

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About Gaana

Gaana is an Indian commercial music streaming service that was launched in April 2010 by Times Internet, the digital arm of the Times Group (one of India’s largest media conglomerates). At its peak, Gaana offered over 45 million songs across 21 languages including Hindi, English, Tamil, Telugu, Punjabi, Marathi, Bengali, Kannada, and more. The platform was available on Android, iOS, and web browsers.

In 2018, under Prashan Agarwal’s leadership, Gaana secured $115 million in funding led by Tencent Holdings, pushing its peak valuation to approximately $580 million. However, intense competition from global players like Spotify (which entered India in 2019) and JioSaavn’s aggressive pricing made profitability elusive.

In August 2024, Times Internet sold Gaana to Entertainment Network India Limited (ENIL) — the parent company of Radio Mirchi — for just ₹25 lakh (~$30,000). Post-acquisition, ENIL moved Gaana to a fully paid subscription model at ₹599/year and discontinued the ad-supported free tier. In December 2024, Gaana partnered with Mahindra & Mahindra for integrated in-car audio streaming in electric SUVs.

Frequently Asked Questions (FAQ)

Who is the CEO of Gaana?

Prashan Agarwal served as CEO of Gaana from May 2016 to March 2021. He was succeeded by Sandeep Lodha, who also left the company in July 2023. Gaana was subsequently acquired by ENIL (Radio Mirchi’s parent) in August 2024. As of 2026, Gaana operates under ENIL’s leadership. Prashan Agarwal is currently the Founder & CEO of FanTV, a Web3 social platform based in Dubai.

What is Prashan Agarwal’s net worth in 2026?

Prashan Agarwal’s net worth in 2026 is estimated at $3–5 million USD. His wealth comes from his co-founder exit at PropTiger (valued at $100 million), his tenure as Gaana CEO, equity in FanTiger and FanTV, and his angel investment portfolio. Exact figures are not publicly disclosed as his companies have been privately held.

What is Gaana CEO’s email address?

Prashan Agarwal’s former email at Gaana was [email protected], which is no longer active since his departure in 2021. He can be reached via Twitter/X at @prashan_agarwal or through his LinkedIn profile.

What happened to Gaana after Prashan Agarwal left?

After Prashan Agarwal stepped down in March 2021, Sandeep Lodha took over as CEO but also departed in July 2023. In August 2024, Times Internet sold Gaana to ENIL (Entertainment Network India Limited) for just ₹25 lakh (~$30,000) — a 99.99% drop from its peak valuation of $580 million. ENIL converted Gaana to a subscription-only model at ₹599/year.

Where did Prashan Agarwal study?

Prashan Agarwal holds a B.Tech in Mechanical Engineering from IIT Kanpur (1997–2001) and an MBA from the Indian School of Business (ISB), Hyderabad (2003–2004). Both are among India’s most prestigious institutions for engineering and business education.

What is Prashan Agarwal doing after Gaana?

Since leaving Gaana in 2021, Prashan Agarwal has launched multiple ventures. He co-founded OMI, a spiritual wellness platform backed by Nexus Venture Partners, in July 2021. He then founded FanTiger, India’s first music NFT marketplace, which raised $5.5 million from Multicoin Capital and Polygon Studios in 2022. He is currently building FanTV, a Web3 social platform with over 4 million users, based in Dubai, UAE.

Article last updated:January 2026March 2, 2026