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VCGuy

Believe me, it’s not... • 7m

Earlier this week - PocketFM announced a 6x growth in FY24 revenue crossing ₹1,000 Cr. 💡I never expected audio series to garner so much engagement: A report by Redseer suggests that AS now gets 2x more engagement than music and is super-close to video - - Video Streaming, 100 minutes/day - Audio Series, ~95 minutes/day - Music, 30 minutes/day Micropayment options seem to aid in adoption in both India and the United States: Over 80% of users prefer micropayment over monthly or annual subscriptions. (Micropayment is when users have the option to pay as per usage or in frequencies <30 days) 📈AS has grown over 40x in the past 2 years and is expected to have a TAM of $50 B by 2027, at 2.6 Billion users.

6 Replies

Replies (6)

Nill gates

Rationality is slow ... • 7m

awesome analysis. this shows so much potential in the consumer internet space in India

Ayush
•

Medial • 7m

i am a regular user of products like pocket fm and Spotify podcast 😁

LesGo

Dine. Delight. Repea... • 7m

It's always heartening to see startups from India doing great.

Anonymous 1

Hey I am on Medial • 7m

Crazy

Adithya Pappala

Zero Fund-VC|Investi... • 7m

VCGuy- So much Similar in the Same Space(VC),Just have a look at the 9TDAYVC Campaign & get me some feedback based on the experience. Yes!! Reel Dramas & AS are for next gens & will skyrocket further..

Vishu Bheda
•

Medial • 7m

Crazy numbers!

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