It might be late to the party, but the Swedish music streaming app Spotify is trying really hard to make up for the lost time in India.
The Stockholm-based company launched in the country yesterday (Feb. 27) with freebies and affordable rates to woo price-sensitive Indians, besides announcing plans to go more vernacular. Among other things, Spotify’s ad-free monthly subscription is available in India for Rs119 ($1.67), significantly lower than the $9.99 in the US. In fact, premium plans start at just Rs13 for a daylong subscription.
“India is a price sensitive market and we love freebies. Spotify is trying to exploit this sentiment and I believe this is a smart move,” said Yugal Joshi, vice-president at the consulting firm Everest Group.