Results · Consumer Internet & Media
Pocket FM CEO announces March 2026 annual recurring revenue crossing $400 million
By Startup Enthusiast ·
- Date
- Company
- Pocket FM
- What it does
- Audio storytelling platform
- Kind
- Results
- Amount
- $430 Mn (₹4,000 Cr) ARR
- Founded
- 2018
What they do
Pocket FM is an audio streaming platform offering diverse content across multiple languages and genres
What happened
CEO Rohan Nayak announced that the company's annual recurring revenue crossed $400 million in March 2026
Why it matters
The company achieved this growth while operating with nearly 5% EBITDA margins and free cash flow positivity
The details
- Pocket FM CEO Rohan Nayak announced that the company's annual recurring revenue crossed $400 million in March 2026.
- A LinkedIn post image implied the actual March 2026 ARR might be higher at $430 million.
- The company projects its April 2026 ARR to reach $450 million based on current trends.
- Year-over-year growth was 2X, rising from $198 million in March 2025 to over $400 million.
- Pocket FM reported an EBITDA margin of nearly 5% and stated it is free cash flow positive.
- FY25 revenue reached ₹1,768 crore, representing a 68% increase from ₹1,052 crore in FY24.
- The company operates in 20+ countries and serves a global audience through its audio platform.
- Pocket FM has pivoted to an AI-native storytelling system using billions of minutes of engagement data.
The bigger picture
- The Indian audio OTT space is projected to be a $3.2 billion opportunity by 2030.
- Pocket FM previously laid off 75 employees last year due to monetization struggles before this growth.
- The company faces multiple US lawsuits regarding independent contractor classification and wages.
- Rival Kuku FM CEO accused Pocket FM of a smear campaign last year.
- Pocket FM has raised a total of $196 million from backers like Lightspeed and Tencent.
About the business
- Pocket FM is an audio streaming platform offering diverse content across multiple languages and genres.
- The company utilizes AI tools for voice generation, sound design automation, and scripting.
- It features a fiction writing co-pilot trained on billions of minutes of user engagement data.
- The creator base includes 3 lakh creators producing over 80,000 hours of content monthly.
- The content library currently holds 4.25 lakh hours of available audio stories.
- Users consume approximately 10,400 crore minutes (173 crore hours) of content yearly.
- The platform operates in more than 20 countries globally.
- Revenue is driven by subscriptions and advertising within the audio streaming ecosystem.
- The business model relies on scaling content production through AI-assisted creation tools.
What happens next
- The company aims to maintain its trajectory toward free cash flow positivity.
- Pocket FM plans to leverage AI tools for further content automation and scaling.
Investors
- Lightspeed (Backer)
- Stepstone Group (Backer)
- Tencent (Backer)
- Times Internet (Backer)
Founders
- Rohan Nayak, Cofounder and CEO
- Nishanth KS, Cofounder
- Prateek Dixit, Cofounder
Other articles talking about it
More on Pocket FM
- Pocket FM launches Sherpa AI tool for long-form fiction creation19 September 2026 · Launch
- Pocket FM raised $851 million in Series D funding12 August 2026 · Roundup · $851.0M
- Pocket FM appoints ex-Bank of America exec Abhilash Padival as CFO7 July 2026 · People
- Pocket FM co-founder on microdrama challenges1 July 2026 · Analysis
- Pocket FM sees multiple senior exits25 June 2026 · People
- Pocket FM shuts microdrama vertical Pocket TV25 June 2026 · Shutdown
- Pocket FM CFO and SVP step down26 May 2026 · People
- Pocket FM reports revenue growth and profitability in FY2520 May 2026 · Results
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