Who Is Leaving Pocket FM Now?
Pocket FM is witnessing another key leadership departure as Senior Vice President Mayank Sancheti has stepped down from his role, according to sources familiar with the matter.
Sancheti has reportedly submitted his resignation and is currently serving his notice period.
The executive has been associated with Pocket FM for several years and played a significant role across product development, monetisation and growth functions.
Prior to joining Pocket FM, Sancheti worked with global mobility platforms Grab and Uber in strategy and product-focused roles.
Pocket FM declined to comment on the development, while Sancheti did not respond to specific queries.
Is This The Second Major Exit In Recent Weeks?
Yes.
The development comes shortly after reports emerged about the departure of Pocket FM’s Chief Financial Officer Anurag Sharma.
According to the company, Sharma is also serving his notice period and is leaving to pursue entrepreneurial opportunities.
Sources suggest Pocket FM is expected to appoint Abhilash Padival as its next CFO.
The back-to-back exits have attracted attention as the company navigates a critical phase focused on profitability and operational optimisation.
Why Is Pocket FM Restructuring Its Operations?
The leadership changes come amid broader efforts to improve efficiency and strengthen financial performance.
Last month, Pocket FM reportedly laid off more than 100 employees as part of a restructuring initiative aimed at reducing costs and streamlining operations.
The company has maintained that it is focused on building a sustainable and profitable business while continuing to invest in growth opportunities.
Industry analysts note that many venture-backed consumer internet startups are increasingly prioritising profitability over aggressive expansion amid a more disciplined funding environment.
How Is Pocket FM Performing Financially?
Despite recent restructuring measures, Pocket FM has reported strong business momentum.
The company recently claimed to have crossed $400 million in annual recurring revenue (ARR) and achieved free cash flow positivity.
Industry observers view these milestones as important indicators of the platform’s growing monetisation capabilities and improving financial health.
The company has also expanded its presence beyond India, with growing operations in international markets including the United States and Europe.
What Does This Mean For Pocket FM’s Future?
Founded in 2018 by Rohan Nayak, Nishanth KS and Prateek Dixit, Pocket FM has emerged as one of India’s leading audio entertainment platforms.
While senior leadership transitions can create short-term uncertainty, analysts believe the company’s focus on profitability, global expansion and content monetisation will remain key priorities.
The coming months will likely be closely watched as Pocket FM reshapes its leadership team while balancing growth ambitions with operational discipline.
