Pocket FM revives funding talks, seeks to raise around $120 million

Pocket FM revives funding talks, seeks to raise around $120 million

“Over the past year, Pocket FM has worked on its profitability and turned cash flow positive, improving on its Ebitda margins, following which it relaunched the process,” the second person said. Ebitda is earnings before interest, taxes, depreciation, and amortization.

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