# Pocket FM

> Pocket FM is a consumer audio drama platform founded in India in 2018. It distributes serialized fiction across languages, lets listeners unlock episodes with in-app coins, and uses AI tools in production and localization. Operated by Pocket Entertainment, it serves an international audience from dual headquarters in Bengaluru and Culver City, California.

- **Founded:** 2018
- **Headquarters:** Bengaluru, India; Culver City, United States
- **Founders:** Rohan Nayak (Co-founder and CEO), Prateek Dixit (Co-founder and CTO), Nishanth KS (Co-founder)
- **Products:** Pocket FM, Pocket Novel, AI Audio Series, Sherpa, Pocket Saga
- **Notable:** Raised a US$103 million Series D in March 2024., Reported global FY24 revenue of about ₹1,052 crore and a reduced net loss of ₹165 crore., Completed an US$8.3 million employee stock-option buyback reported in April 2024.

## Products & services

- **Pocket FM** — Mobile and web listening platform for serialized audio fiction; free access, episode unlocks and paid options.
- **Pocket Novel** — Reading and writing platform launched publicly in February 2024; part of the broader storytelling portfolio.
- **AI Audio Series** — Text-to-audio creation capability introduced with ElevenLabs in June 2024.
- **Sherpa** — AI story-writing partner linked from Pocket FM’s current website; launch year unverified.
- **Pocket Saga** — Sibling AI microdrama product operated by parent Pocket Entertainment; listed on the current company website.

## Achievements

- Raised a US$103 million Series D in March 2024.
- Reported global FY24 revenue of about ₹1,052 crore and a reduced net loss of ₹165 crore.
- Completed an US$8.3 million employee stock-option buyback reported in April 2024.
- Built a cross-market audio fiction business with company-reported audiences in more than 20 countries.

## Latest updates

- **2026-04** — COO Lalit Gangwar described a mix of episode purchases, advertising and premium plans; annualized monthly gross revenue was reported above US$400 million.
- **2026-04** — Mint reported renewed fundraising discussions targeting US$100 million-US$120 million; the report did not establish a completed round.
- **2026-09** — Parent Pocket Entertainment announced a revenue run rate above US$500 million, with Pocket FM as its primary growth engine.

## Links

- Website: https://pocketfm.com
- LinkedIn: https://www.linkedin.com/company/pocket-fm/
- Twitter/X: https://twitter.com/PocketFM_App
- Instagram: https://www.instagram.com/pocketfm.official/
- Facebook: https://facebook.com/pocketfmindia/

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Profile page: https://yespress.io/pocket-fm
Published by YesPress — https://yespress.io
Last updated: 2026-10-16