Pocket FM raised $103M in a Series D funding led by Lightspeed Ventures for global expansion
Amount Raised
$103 Million
Round Type
Series D
BengaluruCommerce and ShoppingHardwareSoftwareMedia And EntertainmentMobileInternet ServicesConsumer ElectronicsMusic And AudioEntertainment ProvidersInvestors
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.
Quick answer
Pocket FM raised $103 Million in a Series D round, dated March 20, 2024. Investors: Lightspeed Venture Partners, Times Internet, Tencent and Stepstone Group. Pocket FM is based in Bengaluru, Karnataka, India.
- How much did Pocket FM raise?
- Pocket FM raised $103 Million in a Series D round on March 20, 2024.
- Who invested in Pocket FM?
- Lightspeed Venture Partners, Times Internet, Tencent and Stepstone Group are named as investors in this round.
- What does Pocket FM do?
- Founded in 2018, Pocket FM was built with a vision to redefine the entertainment space by pioneering the audio-series category.
- Where is Pocket FM based and how big is it?
- Pocket FM is based in Bengaluru, Karnataka, India. Fundz records about 890 employees.
- Who are the decision-makers at Pocket FM?
- Fundz holds 2 contacts at Pocket FM, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping and Hardware around the same time
Companies in the same sectors as Pocket FM that raised within 45 days of this round, from Fundz verified event records.
- Agora raised $5M (Seed) on May 2, 2024.
- Chromatic 3D Materials raised $300K (Seed) on April 19, 2024.
- Telness Tech raised $5.4M (Funding Round) on April 4, 2024.
- Actnano raised $40M (Funding Round) on April 2, 2024.
- Actnano raised $32M on March 28, 2024.
- MobileX raised $1.1M (Seed) on March 15, 2024.
Who to call at Pocket FM, and when
A new round usually means Pocket FM is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pocket FM raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pocket FM, from your own LinkedIn network
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Related People
Pocket FM raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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