Founded in 2013 and based in Mumbai, Pocket Aces Pictures conceptualizes, creates, and distributes written and video content including web series through social and online channels such as Dice Media, FilterCopy, and Gobble. The company also operates Loco, a game streaming and esports app, and launched a talent management division called Clout. Pocket Aces will use the new funds to boost content output and invest in new content formats and distribution channels. The startup raised Rs 17 crore ($2.32 million) in the announced round. Previously, in July 2019, Pocket Aces raised Rs 100 crore in a Series B from investors including Sequoia Capital India, DSP Group, and 3one4 Capital. Competitors mentioned in the article include OTT platform The Viral Fever and esports platform Mobile Premier League. Pocket Aces operates multiple content channels (Dice Media, Filter Copy, Gobble) producing short- and long-form originals for streaming platforms and social media. The company uses AI and machine learning to test genres, actors and plotlines in pilots before scaling successful shows. It has global deals and originals lined up for Netflix, Amazon and Hotstar and counts clients such as Penguin Random House, FreeCharge, Tinder and Swiggy. Pocket Aces reports about 500 million monthly views and says it scaled viewership 25x and monetisation 15x since its December 2016 raise, with a target of 1 billion monthly views by 2020. Future plans include expanding content and technology, entering gaming content, making strategic acquisitions, boosting production to 30 shows a year and adding three new content channels. The company also plans continued investment in its live gaming platform Loco, which it acquired for $1 million in January 2018. Pocket Aces is described in the article as a digital entertainment startup. The piece reports the company has raised $3 million in a funding round. That funding round was led by Sequoia Capital India. The article does not provide detail on the company’s products, audience metrics, revenue, or future plans. No additional operational or financial information was disclosed in the article.

Total raised

$20M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2021