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Pocket FM reduces FY24 loss by 21% to Rs 165 crore

By Economic Times - 11 hours ago
Pocket FM significantly reduced losses by 21% in FY24 while achieving a remarkable 496% revenue surge to Rs 1,051.97 crore. Microtransaction subscriptions fueled this growth, jumping to Rs 934.73 crore. The platform's 200 million listeners streamed over 100 billion minutes, with AI-powered content contributing significantly. Pocket FM continues global expansion into new markets.

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