Vancouver, Surrey Indian Community - BCIndian.com
| | | | | | | | | | | |
 


 

PocketFM plans expansion of operations

Delhi,Business/Economy,Cinema/Showbiz

Author : Indo Asian News Service

Business/Economy, Cinema/Showbiz, Delhi, India Read Latest News and Articles

Share With Your Friends

Add an Article

View All Contributions

Add To My Favorite

Add A Picture

New Delhi, May 16 (IANS) Audio sharing platform PocketFM is in expansion mode and plans to expand its product and overall operations.

"We are in a rapid expansion phase and our immediate focus is to utilise the existing funds for expanding and strengthening our product and overall operations. We will share the details of our next rounds of funds closer to the announcements," CEO and co-founder Rohan Nayak said.

He noted that that audio segment will witness exponential growth in the next couple of years and the company is expanding into five new languages -- Bengali, Tamil, Telugu, Malayalam, and Kannada -- in the next 3 months.

The CEO said that in the last six months, the platform has witnessed a 5x growth.

"We recently crossed the 1 billion monthly listening minutes mark and aim to be at 6 billion monthly listening minutes by the end of 2021. This should help establish Pocket FM as one of the top OTT players in India," Nayak said.

--IANS

rrb/sn/vd



Latest Showbiz News

View More News


More News Articles

Nia Sharma shares her candy cane look

Tisca Chopra: Trip to parents' home is a visit into one's childhood

Mika accuses KRK of fraud and claims he is banned in India

Kumar Sanu to daughter Shannon K: Happy you're grown up, sad you'll go away after marriage

Sunny Leone is in the mood to reflect on change