Pocket FM’s FY23 Revenue Surges Over 7X To ₹131 Cr

OTT platform Pocket FM has said the loss before tax in its India arm narrowed 56% year-on-year to ₹75.7 Cr in the financial year 2022-23 (FY23). The company also reported a 647% surge in revenue to ₹131 Cr in the reported fiscal year. The startup said that it has experienced a 417% increase in microtransaction revenue