About GVT Music
GVT Music is a company based in Brazil founded in 2010 was acquired by Vivendi in May 2010.. GVT Music operates in a competitive market with competitors including Spotify, Deezer, SoundCloud, Myspace and TREBEL, among others.
- Headquarter Brazil
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Sectors
Media & Entertainment
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Phone
*********
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Website
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Social
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Funding Insights of GVT Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GVT Music
GVT Music has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vivendi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Integrated media and content group
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GVT Music
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GVT Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gvt Music Comparisons
Competitors of GVT Music
GVT Music operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spotify, Deezer, SoundCloud, Myspace and TREBEL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Music streaming is offered on-demand to global users.
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| domain | founded_year | HQ Location |
Online platform for on-demand music and radio streaming
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| domain | founded_year | HQ Location |
Music streaming services are provided online for free.
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| domain | founded_year | HQ Location |
On-demand music streaming and content sharing platform
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| domain | founded_year | HQ Location |
Music is downloaded and streamed through a mobile application.
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| domain | founded_year | HQ Location |
On-demand music streaming is provided through subscription services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about GVT Music
When was GVT Music founded?
GVT Music was founded in 2010.
Where is GVT Music located?
GVT Music is headquartered in Brazil.
What does GVT Music do?
GVT Music was established in 2010 in Brazil as an on-demand music streaming platform focused on Brazilian and Latin American content. The service, previously known as Power Music Club, provided access to over 4 million songs through Android, iOS, and Windows platforms. Operations were conducted until the company was shut down in December 2015.
Who are the top competitors of GVT Music?
GVT Music's top competitors include Deezer, Spotify and SoundCloud.
Who are GVT Music's investors?
GVT Music has 1 investor. Key investors include Vivendi.