Audio leisure platform Pocket FM has confirmed that its chief monetary officer, Anurag Sharma, is leaving the startup to pursue entrepreneurial alternatives.

“Anurag Sharma has determined to maneuver on from Pocket FM. He has been an vital a part of the corporate’s journey and has made significant contributions over time. We thank him for his partnership and management throughout his time right here, and want him the perfect as he explores entrepreneurial alternatives forward,” the startup stated.

Sharma joined Pocket FM in 2021 as vice-president of finance and was promoted to chief monetary officer in 2023. Throughout his tenure, he oversaw the startup’s monetary technique, investor relations, compliance, fundraising and strategic partnerships.

Earlier than becoming a member of Pocket FM, he held senior roles at corporations together with Ninjacart, BK Birla Group, EY and PwC.

The leadership change comes weeks after reviews stated Pocket FM had let go of round 100 staff, though the startup disputed the characterisation and stated it was not enterprise company-wide layoffs.

Based in 2018 by Rohan Nayak, Nishanth KS and Prateek Dixit, Pocket FM affords multilingual audio collection and leisure content material throughout a number of genres. It has expanded internationally, together with into the US market.

Backed by traders together with Lightspeed, StepStone Group, Tencent and Occasions Web, the startup has raised practically $196 million so far. It was valued at about $750 million throughout a $103 million Collection D funding spherical in 2024 and is now reportedly searching for to boost an extra $100 million – $120 million at a valuation of as much as $2 billion.

Pocket FM stated its income rose 68% year-on-year to Rs 1,768 crore within the 2024-25 monetary 12 months, whereas CEO Rohan Nayak lately stated the startup had reached annual recurring income of $430 million in March 2026. He additionally stated the enterprise was free money move optimistic at practically 5% EBITDA, though no particular interval was disclosed.