Tencent in talks to lead funding in India's Pocket FM - NewsBreak

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By Austine in Business
Updated 3 years ago

The Chinese firm, which is already an investor in Pocket FM, is in talks to lead a ~20-25 million round in Pocket FM, according to three people with knowledge of the matter. The proposed term values the three-year-old startup between $75 million to $100 million, two people said. Existing investors Times Internet's Brand Capital and Lightspeed are also participating in the round.

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