Indian Streaming Service JioSaavn’s Co-Founders to Step Down From Exec Roles

MUMBAI — The three co-founders of Indian music streaming service JioSaavn — including CEO Rishi Malhotra, president Vinodh Bhat and executive vice chairman Paramdeep Singh — will be stepping down from their executive positions shortly, Billboard has learned.
Three sources familiar with the matter say differences of vision with executives brought in by parent company Jio — which merged with Saavn in 2018 — were among the factors that contributed to the co-founders&rs