Archive · 1 Oct 2025
Pocket FM Seeks $150M Funding for Global Expansion
Pocket FM, a company that lets you listen to audio stories, is trying to raise up to $150 million.
They've hired Goldman Sachs to help.
The money will be used to grow the company worldwide and improve its technology, especially AI.
Pocket FM already raised a lot of money last year.
The company is also working to become profitable, with increasing revenue.
They have also launched new platforms.
The company is making moves to expand its storytelling offerings.
They are focusing on AI for automation and personalization.
Pocket FM is seeking to raise $100-150 million.
Goldman Sachs is advising the company on the fundraise.
Funds will support global expansion and technology improvements.
The company previously raised $103 million in a Series D round.
Pocket FM is focusing on AI for content and user experience.
- Who
- Pocket FM, audio streaming platform
- What
- Seeking $100-150 million in funding.
- When
- Announced recently
- Where
- Global expansion plans; headquartered in Mumbai
- Why
- To fund global expansion and strengthen technology, including AI.
- Company
- Pocket FM
- Funding Goal
- $100-150 million
- Purpose
- Global expansion, AI development
- Lead Advisor
- Goldman Sachs
- Last Funding Round
- Series D, March 2024, $103 million
- Valuation (2024)
- ~$750 million
- 2024-25 Revenue
- ₹1,768 crore
- FY24 Losses
- ₹165 crore