Pocket FM, an audio series platform, reported a global revenue of ₹1, 051.97 crore in FY2024. This is an increase of 496% (6 times) as compared to Rs. 176.36 crore in FY2023. This growth has been driven by the microtransaction subscription model and expansion in international markets (US).

Pocket FM, on the other hand, has reduced its losses by 21% to ₹165 crore in FY 2024.

"We have been able to scale our microtransaction-based subscription model with tremendous success," said Anurag Sharma, CFO, Pocket FM. Subscription revenue grew 6 times to Rs. 934.73 crore from Rs. 160.05 crore in 2023.
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Users now spend an average of 120 minutes per day on the app.