Pocket FM: Free Audiobooks and Podcasts betalist.com/startups/pocke… via BetaList

There are certain areas of the economy that we are learning should not be optimized for free cashflow. My top two: 1. Cyber security infrastructure 2. News When you focus these areas purely on today’s profits, they become unreliable which creates many unintended consequences.

Audio has finally arrived in India from being a non-existent category in 2019 to now becoming a mainstream content format. Category creation is tough but we believed in the compounding power of rapid execution and iteration led feedback loops. We are now seeing the results (1/6)

It's still very early days and there is a long way to go. We believe audio storytelling is a fundamental art format and our mission is to empower artists to bring their art to millions around the world. (5/6)

Content in India is happening. Unique formats addressing local tastes and local languages. FTW @PocketFMIndia! #audio

It took us 18 months to go from 1k to 10k Downloads and only a 3 months next to become #1 Audio App in India. A big testament to the potential and scale of Audio OTT in India📈📈

Pocket FM is currently amongst the top #5 apps in India. Congratulations to the entire team at @PocketFMIndia. Our creator community has been instrumental in our growth by creating iconic audio shows, which are reaching similar scale to top video shows. A small thread 👇

We are happy to announce that we have raised our Series B round. Thanks to our investors for their support and trust in us. Shout out to the entire team at pocket FM- India for the great work Our mission to build Pocket as a global entertainment service has just begun!

We are elated to announce our Series C funding of 65Mn USD led by Goodwater Capital, Naver, and Tanglin Venture Partners. This is a validation of our market leadership and trust in our execution capabilities. moneycontrol.com/news/business/…

Audio consumption has seen exponential growth over the last year and our mission to build the largest audio OTT platform has just begun. Harsha Kumar Dev Khare abhishekgupta.eth NITIN GOVINDAN Scott Shiao Haresh Chawla miten sampat Nishanth KS prateek dixit

As India completes 75 years of independence, we celebrate our collection of amazing apps that are made in India here bit.ly/3R2jX7a. We thank all Indian developers for the impact their work has had on our community over the years #IndiaKiUdaan #MadeinIndia

Super to see Rohan Nayak's Pocket FM create a new audio category in India and the US, using the Internet's core concepts to enable a wholly different type of media company, not just an online replica of an offline experience. Lightspeed India Harsha Kumar

"More the information, lesser the inventions."

Pocket FM has surpassed 25Mn USD ARR (Annualized Revenue Run Rate). We have achieved 10x growth in revenue this year 🚀 Long form serialized fiction in the form of audio series has been pivotal in our growth journey.

We are greatly honored to be the Winner in the Generative AI category at the @LiveMint Digital Innovation Summit and Awards. This is a testament to our team's hard work & dedication. Huge thanks to the esteemed jury! #GenerativeAI #AwardWinner #DigitalInnovation #DIS2023 #AI

Pocket FM raises $103M in Series D funding Today, we're excited to announce a massive milestone for Pocket FM – we've just secured $103 million in Series D funding! This incredible achievement not only speaks volumes about the faith investors have in our vision but also fuels

From 0 to $150 million ARR in 2 Years Building a new entertainment category also gave us the freedom to innovate and re-imagine old playbooks. One such innovation was the launch of micro-transactions as our monetization model. In this model, users get a few episodes every day

Thank you to our incredible team for your dedication, hard work, and passion, and to our listeners for your continued trust, love, and support. With all of you behind us, our story is just getting started! Nishanth KS prateek dixit Harsha Kumar Dev Khare Lightspeed