The Australia based music streaming service looks to compete with Apple Music, Spotify, Pandora and others. The offer price is AUD$ 1 per share. Guevara says it has over 14 Mn users across the 10 markets, of which only 3,655 are paid users. Guvera claims to have 7 Mn users in India, as of May 2015, which means almost 50% of its users are based in India.

Guvera to raise up to $56.7 Mn through IPO

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