Audio series platform Pocket FM announced the company has elevated Lalit Gangwar to VP and country head – US. He has been trusted to lead the company’s content operations and revenue growth for the US market.
Lalit is a founding member of Pocket FM and has been a driving force behind Pocket FM’s success in establishing its presence across multiple geographies, including India and the US. His vision and commitment have played a role in the platform’s transformation into a global entertainment powerhouse.
“Pocket FM’s success underscores the impact of engaging storytelling. In the dynamic US entertainment industry, audio series are becoming more popular as a mainstream platform, fuelled by the emergence of widespread audio entertainment. Aligned with the evolution, we aim to deliver compelling storytelling that contributes to the growth of the audio series category in the US,” Lalit Gangwar, VP and country head- US, Pocket FM, said.
Prior to joining Pocket FM, he has worked with startups like Healthkart, Zomato and Dineout.
“Lalit’s contributions have been nothing short of extraordinary. He has been a driving force in our journey towards achieving profitable growth. In the elevated role, we believe Pocket FM will continue to thrive and keep expanding into newer territories and emerge as a global leader in the audio entertainment space,” Rohan Nayak, CEO and co-founder, Pocket FM, said.
The company announced its entry into the US market when it surpassed a $25 million annualized revenue run rate (ARR) in 2022. It remains bullish towards innovation and growth and aims to leverage its proven success to build a mainstream entertainment hub for a global audience.