Empowering Pocket FM’s Future: Suyog Gothi’s Leadership Signals a New Chapter in Audio Streaming Excellence.
Introduction:
Pocket FM, the audio over-the-top (OTT) platform, has made a significant move by appointing former PhonePe executive Suyog Gothi as its Vice President and India Country Head. This strategic decision aims to bolster the company’s operations and further solidify its position in the dynamic Indian market.
Suyog Gothi’s Impressive Background:
A distinguished graduate from IIT Madras, Suyog Gothi brings a wealth of experience to Pocket FM. During his tenure at PhonePe, Gothi played a pivotal role in heading the merchant lending division and played a key role in scaling up the UPI payments business. His proven track record in the fintech sector positions him as a valuable addition to Pocket FM’s leadership team.
Gothi’s Role at Pocket FM:
As the newly appointed VP and India Country Head, Suyog Gothi will take charge of spearheading Pocket FM’s operations in India. Working closely with cofounders Rohan Nayak and Nishanth KS, he is expected to leverage his expertise to drive growth, innovation, and strategic partnerships for the audio streaming platform.
Pocket FM’s Vision and Strategy:
The move comes at a crucial juncture for Pocket FM as the audio streaming industry continues to evolve rapidly. With a vision to enhance user experience and expand its footprint in the Indian market, Pocket FM aims to leverage Suyog Gothi’s insights and leadership to navigate through challenges and seize opportunities.
Financial Snapshot:
While Pocket FM has been making strides in the audio OTT space, its India arm reported a net loss of INR 75.7 Cr in FY23, despite achieving an operating revenue of INR 129.7 Cr. The appointment of Suyog Gothi signals the company’s commitment to addressing challenges, optimizing operations, and steering towards sustainable profitability.
Conclusion:
The addition of Suyog Gothi to Pocket FM’s leadership team marks a strategic move towards strengthening the company’s foothold in the Indian market. With his extensive experience and expertise, Pocket FM is well-positioned to navigate the evolving audio streaming landscape, fostering innovation, and delivering an enhanced user experience. As the company continues to grow, Gothi’s leadership is anticipated to play a pivotal role in shaping the future trajectory of Pocket FM in the dynamic and competitive Indian audio OTT space.