{"id":98928,"date":"2024-12-18T00:00:00","date_gmt":"2024-12-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/anghami-secures-usd-55-mn-in-a-funding-round-from-osn\/"},"modified":"2024-12-18T00:00:00","modified_gmt":"2024-12-18T00:00:00","slug":"anghami-secures-usd-55-mn-in-a-funding-round-from-osn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/12\/18\/anghami-secures-usd-55-mn-in-a-funding-round-from-osn\/","title":{"rendered":"Anghami secures USD 55 mn in a funding round from OSN"},"content":{"rendered":"

Abu Dhabi-based music streaming platform Anghami secur<\/strong>ed up to USD 55 mn in <\/strong>a new funding round from OSN Group<\/strong>, starting with an initial USD 12 mn through a convertible note program, according to a press release<\/a>.<\/p>\n

Where will the money go?<\/strong> The new funding will allow Anghami to expand its content library, upgrade its technology, and strengthen its presence in the region. It also aims to introduce more AI-driven personalization and next-generation streaming technologies.<\/p>\n

Refresher: <\/strong>Dubai-based TV satellite and streaming company OSN+ acquired<\/a> a 55.45% stake in Anghami in April, making it a majority shareholder in the Nasdaq-listed firm.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new funding will allow Anghami to expand its content library, upgrade its technology, and strengthen its presence in the region<\/p>\n","protected":false},"author":1,"featured_media":98929,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1557],"tags":[230,7,25,1409,2014],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-anghami","tag-enterpriseam-uae","tag-investment-watch","tag-media","tag-osn-group","wpautop","entry"],"acf":{"mongo_id":"31478e44-668a-4b09-bccf-c1685ddd87b6","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/2152.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Anghami secures USD 55 mn in a funding round from OSN","related_issue":[98918],"teaser":"The new funding will allow Anghami to expand its content library, upgrade its technology, and strengthen its presence in the region","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.a51a3eec-e3d8-4246-b1e4-b2b745ed82c0.mp3"},"yoast_head":"\nAnghami secures USD 55 mn in a funding round from OSN - 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