People · Consumer Internet & Media

Pocket FM promotes Lalit Gangwar to chief operating officer

By Startup Enthusiast · 21 April 2026

What they do

Pocket FM is an audio entertainment company with over 250 million global listeners

The startup promoted co-founder Lalit Gangwar to COO to oversee global expansion and growth

The move supports scaling overseas markets while the company achieved EBITDA profitability in FY25

Pocket FM has promoted Lalit Gangwar to the role of chief operating officer.
The promotion was announced on 21 April 2026 by the audio storytelling startup.
Gangwar will oversee the global audio business, including markets, growth, and monetisation.
He previously built the early India growth strategy as a founding member.
Gangwar also led the US expansion and set up local teams for the brand.
The leadership change aims to support long-term predictable expansion in international markets.
Pocket FM reported Rs 1,768 crore revenue with a 68% rise in FY25.
The company achieved EBITDA profitability and crossed $450 million in annual recurring revenue.

The appointment signals a strategic focus on scaling global operations beyond India.
It coincides with strong financial performance and significant user base growth.
Gangwar's experience in US expansion positions him to drive international revenue streams.

Pocket FM operates a platform for audio series and storytelling content.
The company serves over 250 million global listeners across various markets.
It boasts a creator ecosystem of more than 300,000 writers.
The content library includes over 100,000 audio series for users.
Revenue reached Rs 1,768 crore in FY25, showing a 68% year-on-year increase.
Annual recurring revenue (ARR) crossed $450 million during the reporting period.
The startup focuses on AI-led storytelling to enhance content creation and delivery.
It strengthens monetisation strategies to convert its large user base into paying customers.
The company achieved EBITDA profitability, indicating sustainable operational efficiency.