Pocket Aces

Website

India

An Indian digital entertainment company specializing in creating and distributing web-series and short films.

CCI Score

-32.32

June 19

Latest Event

Majority Acquisition of Pocket Aces by Saregama

Saregama India Limited has acquired a 90.37% controlling stake in Pocket Aces through a deal valued at INR 127.47 crores, finalizing the transaction on March 29, 2025. This follows an earlier acquisition of a 51.8% stake completed in November 2023, consolidating significant digital media assets under one umbrella.

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TOADIE

Pocket Aces is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

MAR

29

2025

Majority Acquisition of Pocket Aces by Saregama
-19.56

Saregama India Limited has acquired a 90.37% controlling stake in Pocket Aces through a deal valued at INR 127.47 crores, finalizing the transaction on March 29, 2025. This follows an earlier acquisition of a 51.8% stake completed in November 2023, consolidating significant digital media assets under one umbrella.
-20

Economic and Structural Influence

June 18

The acquisition consolidates media assets, increasing corporate control in the digital content space. This concentration of economic power raises potential concerns about the influence over public discourse and content dissemination, which can be exploited to serve authoritarian or anti-democratic agendas.

Breaking: Saregama acquires majority stake in Pocket Aces for ₹127.47 crores
FEB

06

2023

Pocket Aces Fires 50 Employees
-31.57

Digital entertainment startup Pocket Aces laid off 50 employees across content, production, and post-production teams, marking a significant setback in labor relations and worker security.
-40

Labor Relations and Human Rights Practices

June 18

The mass layoffs at Pocket Aces reflect a detrimental impact on worker rights and labor relations, undermining job security and contributing to economic insecurity among employees, which is contrary to progressive and anti-authoritarian values.

Digital Entertainment Startup Pocket Aces Fires 50 Employees
FEB

06

2023

Layoffs at Pocket Aces Amid Restructuring
-39.46

Pocket Aces laid off 50 full-time employees, approximately a quarter of its workforce, as part of a cost-saving restructuring strategy aimed at transitioning to a lean operating model and increased reliance on freelance talent.
-50

Labor Relations and Human Rights Practices

June 18

The sudden layoff of 50 employees undermines secure employment and fair labor practices, reflecting a disregard for workers' rights. Such measures can negatively impact employee welfare and contribute to broader systemic labor precarity, which is concerning from an anti-authoritarian perspective.

layoffs: Digital entertainment company Pocket Aces fires 50 employees
FEB

06

2023

Pocket Aces Layoffs Spark Labor Concerns
-39.46

Pocket Aces, an Indian digital entertainment company, laid off 20% of its workforce (50 employees) as it transitions to a more freelance-oriented operating model. Although the company stated it would offer financial support and health insurance, the move raises concerns regarding job security and workers' rights.
-50

Labor Relations and Human Rights Practices

June 18

The mass layoff of 20% of the workforce negatively impacts labor relations and worker security. While the company claims to offer support and transition assistance, the decision undermines job stability and fair labor practices, which is a concern from an anti-authoritarian and worker rights perspective.

Pocket Aces fires 20% of its workforce
FEB

06

2023

Layoffs at Pocket Aces Impact Worker Rights
-31.57

Pocket Aces laid off 50 employees (about 20% of its workforce) in a move intended to streamline operations and cut costs. The company stated that it would provide financial support and health insurance to affected employees while transitioning many to freelance roles. However, such a significant reduction in staff raises concerns regarding worker rights and labor relations.
-40

Labor Relations and Human Rights Practices

June 18

The decision to lay off 50 employees (20% of the workforce) to streamline operations reflects a practice that undermines worker job security and rights. Although the company promises to support affected employees through financial aid and health insurance, the aggressive cost-cutting measure raises significant concerns about the company's commitment to fair labor practices from an anti-fascist and pro-worker perspective.

Startup Digest: Layoffs at Pocket Aces, FarEye & Masayoshi Son to miss Softbank’s earnings call