Pocket FM revenue soars to Rs 1,000 Cr in FY24 boosted by US expansion, subscription growth

Quick Summary:

Pocket FM's revenue skyrocketed as subscription revenue surged nearly 6X to Rs 934.73 crore while advertising revenue jumped to Rs 89.34 crore in FY24.

Its subscription revenue grew nearly 6X to Rs 934.73 crore from Rs 160.05 crore in FY23.

The platform’s 40,000 AI-generated audio series contributed Rs 25 crore to total revenue in FY24.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: IndiaOman

Topics: Users Stories Global Subscription Pocket Crore Platform Fy24 Revenue Fy23 Sharma

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 10:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23904394

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 22 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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