Pocket FM won’t stop throwing things at the wall
The post Pocket FM won’t stop throwing things at the wall appeared first on The Ken .
Pocket FM, an audio series company based in Bengaluru, has reported its revenue doubling to over $500 million in a year, attributing this growth to the use of AI for content creation. The company was initially valued at around $750 million but is now seeking a valuation of $1.5–2 billion. Despite raising $103 million in funding in early 2024, Pocket FM has faced criticism over the credibility of its reported figures, with some industry experts questioning the numbers.
This has led to the company shifting its focus to AI-led business models, as it continues to explore various platforms and initiatives, such as Pocket Novels and Pocket TV.
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