Parcast, founded in 2016, specializes in crime and mystery-themed audio content
India, with a population of 1.3 billion and more than 400 million smartphone users, is a potentially huge market for the Swedish company
Spotify is available to download for free, and users can upgrade to Spotify Premium for Rs 119 per month
Spotify, however, hasn't formally announced its launch in the country. The subscription starts at Rs 119 per month, users can also choose from daily and weekly plans
Spotify hasn't secured a license to music from Warner Music Group but it's planning to use an Indian rule that governs radio stations to offer songs from Warner's publishing division.
Spotify is offering artists two advantages: A bigger financial cut and ownership of their recordings
Spotify's listing was hotly followed, as it went public via the unusual method of a direct listing, without selling new shares
Spotify offers access to vast libraries of music rather than making users pay for CDs or downloads
Apple's subscription fee in India is the lowest the company charges for its Apple Music service anywhere in the world
Stock market listing still an option, but no definite plan to go public: Spotify
The Swedish company accused the iPhone maker earlier this week of blocking an update of Spotify's music streaming service from Apple's App Store to foster its Apple Music product