Pocket FM announces US foray, crosses $25 mn in annualised revenue run rate

According to Statista, audio OTT market in India is expected to be worth $2.5 billion by 2030

Audio streaming platform Pocket FM has announced its international expansion with entry into the US market. The company also exceeded an annualised revenue run rate (ARR) of $25 million as of October and is aiming to clock $100 million in ARR by next year.

“We are glad to have led this category creation with sustainable and profitable growth. As we successfully discovered the content monetisation model in the audio space, our revenue has grown 10x to $25 million ARR in just 12 months. With the continued momentum and expected growth targets, we foresee another 4x growth in our revenue during