🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

VCGuy

Believe me, it’s not... • 6m

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 replies34 likes
19
Replies (6)

More like this

Recommendations from Medial

Image Description
Image Description

Mahendra Lochhab

Content creator • 4m

AI audio startup ElevenLabs raises $180 million in a Series C funding round

5 replies15 likes
Image Description

The unknown entrepreneur

I'm a Student who is... • 1y

Startup story 5/10 This Indian audio platform is taking over the US market . In FY-24 they will make over a $100 million just from us consumers. Started by three engineers in 2018, Pocket FM is an audio entertainment platform, think of it as Netfl

See More
1 replies14 likes
1

Prabhuchandan Parida

Connectivity and Com... • 1y

[This post has been deleted by the creator]

0 replies1 like
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 4m

Major music labels, including T-Series, Saregama, and Sony, are preparing to challenge OpenAI in a copyright lawsuit.

3 replies19 likes
1

Echovox Studio

Redefining Audio Cre... • 8d

🚀 We’re LIVE! Meet Echovox Studio—the end-to-end workflow that turns no idea into ready-to-publish audio in minutes: -Spark ideas with 1-click trending summaries -Dive deeper with built-in research -Create lifelike audio in your own (or AI) voi

See More
0 replies3 likes

Shivesh Mishra

On my way to success • 5m

The global audio series market is experiencing unprecedented growth, with a total addressable market valued at $21-25 billion in 2023 and projections to double by 2027. In India, platforms like Pocket FM are leading the charge, having recently launc

See More
0 replies6 likes

Arcane

Hey, I'm on Medial • 11m

A trend to watch out for as I highlighted in Day #12 of my observation series

0 replies3 likes
Image Description
Image Description

Samanth Shetty

Building Sculpt Nest... • 1d

So After this Start-up Series, am planning to start 10-Day founders series 🚀 Lemme know if y'all are interested. If not what kind of series do you prefer ? Drop ideas in the comments

11 replies11 likes
Image Description
Image Description

Vishu Bheda

AI did the magic • 1y

Case Study: Kuku FM - Revolutionizing Audio Content Consumption Background: Kuku FM, a leading audio content platform, sought to redefine how users engage with audio content in India. With a focus on regional languages and diverse genres, Kuku FM ai

See More
2 replies7 likes

Download the medial app to read full posts, comements and news.