The audio series startup Pocket FM said that Lalit Gangwar has been promoted to Vice President and Country Head – US. He will now oversee the business’s media business and drive revenue expansion in the US market.
Lalit, a founder member of Pocket FM and an alumnus of IIT Madras, has been instrumental in the station’s success in forging a foothold in several regions, including the US and India. His dedication and strategic perspective have been crucial in the platform’s development into a major force in the world of entertainment, as reported by businesswire.
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Lalit Gangwar, VP and Country Head – US said, “Pocket FM’s success underscores the impact of engaging storytelling. In the dynamic US entertainment industry, audio series are becoming more popular as a mainstream platform, fuelled by the emergence of widespread audio entertainment. Aligned with this evolution, we aim to deliver compelling storytelling that contributes to the growth of the audio series category in the US. It is my privilege and honor to have the opportunity to contribute to continue Pocket FM’s growth journey in US and take it to the next leap.”
In 2023, it has surpassed the remarkable milestone of 100 million downloads on the Google Play Store, strengthening its presence as a top player in the digital entertainment landscape.
Rohan Nayak, CEO & Cofounder, Pocket FM, said, “Lalit’s contributions have been nothing short of extraordinary. He has been a driving force in our journey towards achieving profitable growth. In this elevated role, we believe Pocket FM will continue to thrive and keep expanding into newer territories and emerge as a global leader in the audio entertainment space.”
Over 45 billion minutes of streaming have been done on the site as of 2022, with a community of over 100 million listeners spending an average of over 110 minutes a day.
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About Pocket FM
By Prateek Dixit, Nishanth KS, and Rohan Nayak, Pocket FM was launched in 2018. With a million listeners worldwide, it is an audio series platform that pioneered audio entertainment. It offers a variety of audio dramas, romances, horror, thrillers, and other series. For those who enjoy listening to audiobooks and podcasts, it has a large collection of audio series.
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