Audio series platform Pocket FM saw its India subsidiary's revenue surge 647% to Rs 131 crore in FY23 from Rs 17.5 crore in FY22 on the back of increasing microtransaction and advertising revenues. The Bengaluru company also narrowed its loss before tax to Rs 75.7 crore in FY23, a 56% decrease from Rs 171.6 crore in FY22.