Pocket FM, founded in 2018 in Bangalore, India, has raised a total of $196.5 million across multiple funding rounds, including a $103 million Series D round in March 2024, led by Lightspeed Venture Partners and StepStone Group, which valued the company at $750 million. The platform offers over 100,000 hours of audio content, including more than 2,000 exclusive series and 400,000 episodes. With a strong U.S. presence generating roughly $100 million in annual recurring revenue, Pocket FM is expanding into Europe and Latin America.