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POCKET FM TRANSACTIONS
Pocket FM listeners streamed over 100 billion minutes globallyThe report underscores the global appeal of storytelling and immersive audio experiences over the past year. The platform captivated a broa...- Pocket FM reduces FY24 loss by 21% to Rs 165 crorePocket FM significantly reduced losses by 21% in FY24 while achieving a remarkable 496% revenue surge to Rs 1,051.97 crore. Microtransactio...
- P2P lenders under stress; Pocket FM’s unicorn funding roundPeer-to-peer lending companies such as Liquiloans, Lendbox, and Faircent are putting the brakes on their instant withdrawal products. This ...
- Pocket FM’s fresh fundraise likely to value audio streaming startup at $1.2 billionADIA and others in talks to join new round; secondary share sale also in the works, said people in the know. The latest funding round discu...
- Pocket FM raises $103 mn in Series D round from Lightspeed, Stepstone GroupPocket FM, a prominent audio entertainment platform, has secured $103 million in Series D funding led by Lightspeed, along with Stepstone G...
- Flipkart CEO confirms top-deck exits; Paytm stock on upswingFlipkart group CEO Kalyan Krishnamurthy on Tuesday informed staff about senior-level exits in the ecommerce major, confirming ET’s scoop. M...
- Pocket FM to invest $40 million in online reading platformThe initiative intends to promote writers' storytelling through visibility, lifetime earning opportunities, and distribution across various...
- Pocket FM records Rs 131 crore revenue in FY23Pocket FM, which is the India subsidiary of Pocket FM US Corp., has recorded subscription revenue of Rs 83 crore, a growth of over five tim...
- Pocket FM claims global listener base of 130 millionAs per Pocket FM's 'Rewind2023: How India Got Entertained This Year' report, the platform had more than 100,000 hours of content, with user...
- Pocket FM earmarks Rs 250 crore fund for writers contributing to platformPocket FM Cofounder and CEO Rohan Nayak said that the audio series as a category has been instrumental for writers, enabling them to share ...
- I&B sector attracts ₹6,058 crore FDI in H1 of FY24As per data sourced from the Department for Promotion of Industry and Internal Trade (DPIIT), the sector accounted for 3.6% of the overall ...
- Pocket FM to double down on investment"We aim to double down on our content investments to ₹328 crore. Our target is to expand our content library by 5X in the next 12 months," ...
- ETtech In-depth | Micropayments: Internet's 'sachet moment' in IndiaBe it shelling out Rs 10 for a tarot card reading session online, Rs 50 for a quick online game or Rs 30 in virtual offering at a temple, m...
- Audio series leads audience engagement, beats online music, videos: Pocket FM’s #Rewind2022The observations were released in the Pocket FM #Rewind2022 report that highlights the key consumption and listener community trends on the...
- Firms keep faith with crypto payments; SoftBank shares tank 8.2%India’s cryptocurrency bill will almost certainly ban digital assets from being used as currencies but may allow them to be held as assets,...
- Investors steer clear of young startups with Chinese capitalStartups, with high exposure to Chinese capital, are looking at ways to reduce it as exposure becomes a deal-breaker for many new and exist...
- Panel to review GST for restaurantsUnder GST, businesses get a credit for taxes paid by their suppliers, which does away with the cascading effect of multiple layers of taxat...
- No LTCG rejig, STT hike in options small, but extra DTT may hit dividend paymentsFM maintained status quo on the time limit for the applicability of long-term capital gains tax in equities to one year, providing big reli...
- Budget 2016: Eight takeaways for individual taxpayersThose earning below Rs 5lakhs to save an additional Rs 3,000 in taxes. Tax rebate under Section 87A has been raised from Rs 2,000 to Rs 5,0...
- FM may water down cash withdrawal taxFinance Minister P Chidambaram on Thursday hinted at a partial rollback of the proposal to tax cash withdrawals from banks.
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