Pocket FM completes its first ESOP buyback worth $8.3 million
The announcement follows Pocket FM's recent achievement of raising $103 million in Series D funding, valuing the company at $750 million in March.
Source: businesstoday.in
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Pocket FM's India arm revenue jumps to Rs 131 crore in FY23; loss reduces by 56%
Pocket FM claims to have over 130 million listeners across the world who are spending an average of over 115 minutes on a daily basis.
Source: moneycontrol.com
Pocket FM secures $16M in debt funding from Silicon Valley Bank
The audio streaming startup plans to use the funds to expand its audio series library, augment its creator community, and accelerate revenue.
Source: yourstory.com
Pocket FM Bags $16 Mn Debt Funding From Silicon Valley Bank
Audio OTT platform Pocket FM bags a debt funding of $16 Mn from Silicon Valley Bank to augment creator community.
Source: inc42.com
Audio OTT Platform Pocket FM Spent INR 11 To Earn Every INR 1 From Ops In FY22
Indian audio OTT platform Pocket FM’s net loss widened 10X to INR 171.6 Cr in FY232 from INR 17.1 Cr in FY21 due to a sharp rise in expenses
Source: inc42.com