to raise $150 million

chs to raise the funds it will use for global expansion, stronger technology

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d outlined plans to raise more than $100 million.

million in a series D funding round led by Lightspeed Ventures and Stepstone Group in March 2024, when its valuation nearly doubled to about $750 million.

At the time, Pocket FM had said it planned to use the proceeds towards bolstering its presence in the US, Europe, and Latin America, and shore up its content library and create a strong IP (intellectual property) playbook for its writers.