Pocket FM begins reverse flip talks; eyes potential India IPO (opens original article in a new tab)

Pocket FM is exploring a reverse flip to India for a potential domestic IPO, following Kuku Technologies' IPO steps and seeking $150 million in private funding.

• Pocket FM is discussing moving its holding structure back to India for a potential IPO
• Kuku Technologies has filed for a Rs 3,500-crore IPO, prompting increased market focus
• Pocket FM is seeking $150 million in private investment to support its growth
• The reverse flip would align Pocket FM's corporate structure with its Indian operations