2. Pocket FM
Launched in 2018 by Rohan Nayak with Dana Ram Meghwal, Nishanth K S and Prateek Dixit, Bengaluru’s Pocket FM clocked 702% revenue growth. The audio streaming platform is valued at $750M and has raised $197M from Lightspeed India, Lightspeed Venture Partners, and Tencent.
Technology
C
CNBC TV1831-01-2026, 17:27

FM Broadcasters, Manufacturers Push for ₹2,500 Crore Digital Radio Transition

  • FM broadcasters and device manufacturers advocate for India's ₹2,500 crore FM radio market to transition from analog to digital.
  • The Broadcast Engineering Society (BES) Expo at Bharat Mandapam, New Delhi, concluded with industry consensus on the readiness for digital FM.
  • Nisha Narayanan of Red FM highlighted that despite 40 crore radio listeners, digital radio needs decisive execution, supporting HD Radio as a scalable technology.
  • The India Cellular & Electronics Association (ICEA) backs the migration to digital radio, emphasizing the need for affordable device ecosystems.
  • Industry seeks policy certainty from the Ministry of Information and Broadcasting to facilitate a cost-effective transition and lower entry barriers for new players.

Why It Matters: India's FM radio industry is pushing for a digital transition, with HD Radio and policy support crucial for success.

More like this

Loading more articles...