Pocket FM raises $65 mn in Series C funding
Pocket FM, the Audio OTT platform, has raised $65 million in a Series C funding round from a clutch of investors.
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Hyderabad: Pocket FM, the Audio OTT platform, has raised $65 million in a Series C funding round from a clutch of investors.
The funding was led by Goodwater Capital, Naver, and an existing investor - Tanglin Venture Partners. The freshly raised capital will be invested in strengthening its leadership position, expanding into new languages, investing in AI capabilities and building the largest audio creator community.
Rohan Nayak, Co-founder and Chief Executive Officer, Pocket FM said: "We are elated to announce our Series C funding.
This is a validation of our market leadership and trust in our execution capabilities. Audio consumption has seen exponential growth over the last year and we are on a mission to build the largest audio OTT platform."
