Shutdown · Consumer Internet & Media
Pocket FM shuts microdrama vertical Pocket TV
By Startup Enthusiast ·
- Date
- Company
- Pocket FM
- What it does
- Audio entertainment platform
- Kind
- Shutdown
- Founded
- 2018
What they do
Pocket FM shut its microdrama vertical Pocket TV, which was a beta experiment
What happened
The company is focusing on its core audio platform and global growth
Why it matters
Pocket FM is also preparing for a public listing in India
The details
- Pocket FM has shut its microdrama vertical Pocket TV.
- Pocket TV was launched as a beta product to explore the microdrama category.
- Pocket TV was not a material contributor to Pocket FM's business.
- Pocket FM denied any layoffs in connection with the shutdown.
- Pocket FM had layoffs and senior-level exits earlier in 2026.
- The company is now focusing on its core audio platform and global growth.
- Pocket FM is increasing focus on overseas markets.
- Pocket FM is preparing for a public listing and has begun discussions to shift its holding company back to India via a reverse flip.
The bigger picture
- The Indian microdrama segment is seeing entry of many new players.
- Competitors like Kuku FM, ShareChat and JioHotstar's Tadka are betting on microdrama.
- Zupee acquired Mumbai-based microdrama startup Vertical TV earlier in 2026.
- Pocket FM's core audio business is strong: it crossed $400M ARR in March 2026 and is free cash flow positive with nearly 5% EBITDA.
About the business
- Pocket FM offers audio content across multiple languages and genres.
- It provides audio dramas, fiction, immersive audio and nonstop entertainment.
- Pocket FM has an AI story writing partner called Sherpa.
- Top show Super Yoddha has 1.4 billion plays.
- Other popular shows include Ek Ladki Ko Dekha (1.3B plays), The Return of Tiger (416.6M plays), and Brahmyodha: The Destroyer (243.9M plays).
- Pocket FM competes with Kuku FM and Audible in the Indian audio OTT space.
- The Indian audio OTT segment is projected to be a $3.2 billion opportunity by 2030.
- Pocket FM's growth is driven by international markets and AI-led content creation.
What happens next
- Focus on core audio platform and global growth.
- Increase focus on overseas markets.
- Prepare for public listing via reverse flip to India.
Investors
- Lightspeed (existing)
- Stepstone Group (existing)
- Tencent (existing)
- Times Internet (existing)
Founders
- Rohan Nayak, Founder and CEO
- Nishanth KS, Co-founder
- Prateek Dixit, Co-founder
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 CFO and SVP step down26 May 2026 · People
- Pocket FM reports revenue growth and profitability in FY2520 May 2026 · Results
- Pocket FM cuts 10% of workforce in performance review6 May 2026 · Layoffs
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