iWorld
Spotify valued at $4 billion
MUMBAI: Spotify, the music streaming giant, could well be the latest startup to join the $4 billion valuation club.
The company has reportedly secured $250 million in new financing, valuing it at more than $4 billion, according to The Wall Street Journal. Spotify previously raised $100 million almost exactly a year ago at a $3 billion valuation.
An earlier report had suggested that Spotify was looking to raise a new round of funding at a more than $5 billion valuation, but clearly that was too bullish.
While Spotify’s popularity and revenue has grown in recent years, it continues to lose money. Spotify reportedly doubled its revenues year-over-year in 2012 to nearly $600 million, but its net loss increased to $77 million. The extra funds may provide Spotify with more space to continue its rapid expansion even as it continues to bleed money.
The $4 billion valuation mark seems to be the benchmark for tech startups right now. Pinterest was recently valued at just shy of $4 billion, Snapchat has reportedly turned down acquisition offers of up to $4 billion and Uber is closing in on that milestone as well.
iWorld
PM Modi hits 30M subscribers on Youtube
World’s most-followed leader adds to 100M Instagram milestone last month.
MUMBAI: PM Narendra Modi just clicked ‘subscribe’ on digital dominance because when your YouTube channel outpaces world leaders like a viral cat video, even politics gets binge-worthy. Prime Minister Narendra Modi’s Youtube channel has surged past 30 million subscribers, solidifying his status as the most-followed world leader on the platform, officials announced on 24 February 2026. This milestone leaves former Brazilian President Jair Bolsonaro second with about one-fourth of Modi’s count in the dust, while US President Donald Trump trails with roughly one-seventh the subscribers.
The achievement builds on Modi’s Instagram triumph last month, where he became the first global leader to cross 100 million followers. On Instagram, Modi towers over peers, Trump at 43 million, Prabowo Subianto at 15 million, Luiz Inácio Lula da Silva at 14 million, Recep Tayyip Erdoğan at 11 million, and Javier Milei at 6 million their combined totals still fall short of Modi’s solo mark.
Domestically, the gap is equally stark. Modi’s subscriber base is three times that of Congress leader Rahul Gandhi, and over four times the channels of the Aam Aadmi Party and Indian National Congress. On Instagram, Uttar Pradesh chief minister Yogi Adityanath has 16 million followers, while Gandhi counts 12 million.
Modi joined YouTube and Instagram in 2014, evolving both into powerhouses of digital outreach with governance highlights, cultural moments, and direct citizen engagement. In a world where likes and shares shape narratives, Modi isn’t just leading polls, he’s leading the scroll, turning policy into playlist gold.
