Middle-Eastern music streaming company Anghami has concluded a Series B round of funding, led by Dubai-based private equity firm Samena Capital. Telecommunications company du also took part in the round, and will partner with Anghami to bundle its services with the music streaming service. The funds raised will be used to expand the company's footprint and grow its user base. Anghami currently has six million subscribers and 30 million active monthly users, while 70 million songs are streamed from its platform.
Middle-Eastern music streaming company Anghami has concluded a Series B round of funding, led by Dubai-based private equity firm Samena Capital. Telecommunications company du also took part in the round, and will partner with Anghami to bundle its services with the music streaming service. The funds raised will be used to expand the company's footprint and grow its user base. Anghami currently has 30 million subscribers and six million active monthly users, while 70 million songs are streamed from its platform.