Rohan Nayak leads Pocket Entertainment as the company doubles its annualized revenue run rate to $500 million
Pocket Entertainment has reached an annualized revenue run rate of $500 million, a 70% year-over-year increase. The company, which serves as the parent organization for the audio storytelling platform Pocket FM, utilized artificial intelligence to power 93% of its overall catalog and 99% of its new content.
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CEO Rohan Nayak stated that the shift toward AI has made content production approximately 80x cheaper and significantly faster. While the platform relies on human creators for core ideas, AI tools assist in turning those concepts into finished content at scale. This transition has resulted in a 12-month revenue retention rate rising from 44% to 76% over the past two years. The platform currently serves over 250 million listeners across more than 20 countries, with the United States being its largest market. Pocket Entertainment is also expanding into microdramas through its app, Pocket Saga, which is entirely AI-produced. The company is currently in talks with investors to raise between $100 million and $120 million at a valuation of approximately $2 billion.
Sources
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India’s Pocket FM doubles revenue run rate to $500M as AI powers 93% of audio content
TechCrunch
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Pocket Entertainment Surpasses $500M ARR as AI Reshapes How Entertainment Is Created and Scaled
Morningstar