Spotify to Launch in India: CEO Confirms

Finally, Spotify is looking forward to expanding their services in the other countries and this can be the good news for all Indian users because they have included India now. Spotify CEO Mr. Daniel Ek and co-founder has confirmed this launch while they were in the company’s investor day presentation.

We are working on launching in some of the biggest markets in the world, including India, Russia, and Africa which has a very rich musical culture

– Daniel Ek, CEO

The Spotify application will definitely come in India however, during their investor day presentation there was no any information shared about the timeline for the India launch. However, during their presentation, Spotify’s marketing chief Seth Farbman said that Spotify has already markets in India and where they are planning to launch their application and this was they realized when they did the survey in India. Out of all people 36% of them already know about the Spotify application and according to them, this number is large. Surprisingly in India, there is no other music service provider which has such amount of number.

Spotify has now everything set to launch their service in India. Seems, like it will make its own way in India. As per the claims, they have 71 million paid subscribers. India has already so many music services available that include the recently launched Amazon Prime Music, Google Play Music, Apple Music, JioMusic, Hungama, Airtel Wynk Music, Saavn, Gaana, etc. and they all have a good amount of paid subscribers. But Spotify will make its own way in between them and it will definitely compete with these all services. After all, people already know this music service.

During their investor day presentation, they said the Spotify company will begin the trading on New York Stock Exchange on upcoming April 3, 2018, and that will provide them with the financial guidance of this year’s first quarter. The economics time had earlier mentioned in their article that Spotify has hired Akshat Harbola, who is now head of India Spotify service.