Pocket FM begins reverse flip talks; eyes potential India IPO

Funding Rounds

▤ Summary

Pocket FM is discussing a reverse flip to shift its holding company back to India ahead of a potential domestic IPO. The company is also pursuing a fresh funding round of about $150 million from private market investors. Those conversations come as the business faces IPO preparation costs, tax implications, and structuring work. Pocket FM continues to grow quickly, with reported annual recurring revenue of $450 million and FY25 revenue of Rs 1,768 crore. The company has also been restructuring staff and moving contractors onto a staffing partner’s payroll.

$ Funding

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Amount $85.0M Total raised
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Date June 17, 2026 Announcement date
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Investors Quess Corp, Abu Dhabi Investment Authority Lead investors
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Company - Funded company

▥ Classifications

industries
Hospitality
applications
Facilities Management

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