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Pocket FM raised $103M in a Series D funding led by Lightspeed Ventures for global expansion

PRIVATEMar 20, 2024

Amount Raised

$103 Million

Round Type

Series D

BengaluruCommerce and ShoppingHardwareSoftwareMedia And EntertainmentMobileInternet ServicesConsumer ElectronicsMusic And AudioEntertainment Providers

Investors

Lightspeed Venture PartnersTimes InternetTencentStepstone Group

Description

India-based audio platform Pocket FM has raised $103 million in Series D funding led by Lightspeed Ventures with participation from Stepstone Group. The company, which also counts Tencent and Times Internet as backers, plans to expand into Europe and Latin America after achieving positive results in the U.S. market. With this funding, the company has now raised $196 million across multiple rounds with a valuation of $750 million.

Company Information

Company

Pocket FM

Location

Bengaluru, Karnataka, India

About

Founded in 2018, Pocket FM was built with a vision to redefine the entertainment space by pioneering the audio-series category. We pride ourselves in embedding the storytelling elements with a layer of content personalisation in the longer format that resulted in the emergence of “binge listening” as a consumption habit. Today, we have emerged as the preferred digital audio destination for a refined storytelling experience with the audio-series format, riding on our diverse and engaging content.

Fundz sees it the moment Pocket FM raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsRohan N., Co-Founder & CEO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Pocket FM's next move

See what Strategic adds

Pocket FM raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.