Audio leisure platform Pocket FM is witnessing another senior-level exit, with Mayank Sancheti, Senior Vice President, stepping down from his position, in keeping with the sources conscious of the matter.
Sancheti has tendered his resignation and is presently serving his discover interval, an individual conversant in the event mentioned, requesting anonymity.
He has been related to Pocket FM for a number of years and performed a big position in driving the corporate’s product, monetisation and progress methods. Previous to becoming a member of Pocket FM, Sancheti labored with world mobility corporations Seize and Uber in technique and product-focused roles.
Pocket FM didn’t reply to an in depth question despatched by publication time.
The event comes shut on the heels of another senior management exit on the firm. Earlier, Entrackr reported that Pocket FM’s Chief Monetary Officer Anurag Sharma had additionally resigned and is serving his discover interval as he seems to be to pursue entrepreneurial alternatives.
The corporate is predicted to nominate Abhilash Padival, Director of India Funding Banking at Financial institution of America Merrill Lynch, as its subsequent chief monetary officer, in keeping with sources.
The back-to-back departures come at a time when Pocket FM is tightening its deal with profitability and operational effectivity amid a difficult funding setting for shopper web startups. Final month, the corporate laid off greater than 100 workers as a part of a restructuring train geared toward decreasing prices and streamlining operations.
Printed on Might 29, 2026
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