Lalit Gangwar Takes the Lead as Vice President and Country Head for Pocket FM, Guiding Worldwide Growth

 Lalit Gangwar Takes the Lead as Vice President and Country Head for Pocket FM, Guiding Worldwide Growth

In a recent announcement, Pocket FM, the groundbreaking Audio Series platform, revealed the promotion of Lalit Gangwar to the role of Vice President and Country Head for the United States. A founding member of Pocket FM, Lalit has been instrumental in steering the company's growth in India and extending its success to new markets, especially in the United States.

Lalit's Background:

An alumnus of IIT-Madras, Lalit Gangwar has played a crucial role in propelling Pocket FM to global success. His strategic vision has transformed the platform into a leading global entertainment powerhouse. With this promotion, Lalit will now lead Pocket FM's content operations and drive revenue growth in the dynamic US market.

Excitement About the New Role:

Expressing his excitement about the new role, Lalit Gangwar shared, “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, fueled by the emergence of widespread audio entertainment. Aligned with this evolution, we aim to deliver compelling storytelling that contributes to the growth of the audio series category in the US. It is my privilege and honor to have the opportunity to contribute to continue Pocket FM’s growth journey in the US and take it to the next leap.”

Lalit's Journey:

Lalit’s association with Pocket FM dates back to its early days, and his contributions have been integral to the platform’s success. Before joining Pocket FM, Lalit worked with startups like Healthkart, Zomato, and Dineout, bringing a wealth of experience to his leadership role.

CEO's Commendation:

Rohan Nayak, CEO & Co-founder of Pocket FM, praised Lalit’s exceptional contributions, stating, “Lalit’s contributions have been nothing short of extraordinary. He has been a driving force in our journey towards achieving profitable growth. In this 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.”

Pocket FM's Achievements:

In 2022, Pocket FM achieved a significant milestone by entering the US market and surpassing a remarkable US$25 million annualized revenue run rate (ARR). The company remains committed to innovation and growth, leveraging its proven success to build a mainstream entertainment hub for a global audience.

Conclusion:

As Pocket FM continues its global expansion, Lalit Gangwar's leadership will play a crucial role in shaping the platform’s narrative in the dynamic and competitive US audio entertainment landscape. His promotion reflects Pocket FM’s confidence in his abilities and its commitment to establishing itself as a dominant player in the global audio entertainment space.

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