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Pocket FM, an audio streaming platform, is on the verge of becoming a unicorn with a new funding round that is expected to value the company at $1 billion or more. This development comes as the company finalizes a $103 million fundraise, leading the weekly startup funding. Pocket FM accounted for 46% of the $223 million in startup funding for the week, highlighting a significant share in late-stage dealmaking. Additionally, Abu Dhabi's sovereign wealth fund, ADIA, is considering a significant investment in Pocket FM, indicating strong confidence in the Indian startup ecosystem. The fourth week of March saw a total of $224 million in VC funding across 20 deals, with Pocket FM's raise from investors like @lightspeedvp and @StepStoneVC being a key transaction.
Secondaries surge as the venture landscape evolves, but are they here to stay? @jason, Thomas Scriven, @mamoonha, and @dwiesburd discuss liquidity paths and opportunities of secondary markets https://t.co/uQgKVuqfC8
#FundingWithYS š° The fourth week of March saw total VC funding of $224 million across 20 deals. Key transactions š ā”ļøĀ @Pocket RaisedĀ $103 million from @lightspeedvp , @StepStoneVC ā”ļø @UltrahumanHQ Raised $35 million from Alpha Wave Global , @BlumeVentures @deepigoyalā¦ https://t.co/zbv0xZq1Ft
#FundingWithYS š° The fourth week of March saw total VC funding of $224 million across 20 deals. Key transactions š ā”ļøĀ @Pocket RaisedĀ $103 million from @lightspeedvp , @StepStoneVC ā”ļø Ultrahuman Raised $35 million from Alpha Wave Global , Blume Ventures, Deepinder Goyal,ā¦ https://t.co/QLoc4qYwSx
