Tech Company Financing Transactions
Pocket FM Funding Round
Pocket FM closed a $80 million funding round on 11/22/2023. Investors included Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
11/22/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding deliberations follow a fast-paced revenue growth at the Indian startup, which offers serialized fiction and non-fiction content spanning genres like romance, self-help and motivation.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
B1-201, PWO Housing Complex Sector - 43
Gurgaon, Haryana, 122009
IN
Gurgaon, Haryana, 122009
IN
Phone
Website
Email Address
Overview
Founded in 2018, Pocket FM was built with a vision to redefine the entertainment space by pioneering the audio-series category. We pride ourselves in embedding the storytelling elements with a layer of content personalisation in the longer format that resulted in the emergence of "binge listening" as a consumption habit. Today, we have emerged as the preferred digital audio destination for a refined storytelling experience with the audio-series format, riding on our diverse and engaging content.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rohan Nayak
Co-Founder
Prateek Dixit
Co-Founder
Nishanth Srinivasagowda
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