So... Pocket FM (startup with $200Mn raised) just copied Dashtoons (startup with $20Mn raised)

That's just how things work And hence investors ask "What is your unique MOAT vs competitors"

Ain't it just how industry works, once you are successful in one segment you can expand to other related segment very easily.

i heard some VC firm involved in this transaction which stole the IP from one firm and gave it to another

Isn't Pocket FM into audio books? Interesting shift to comics

This category sure isrising fast

Any streaming service is essentially playing to win game of attention/engagement. If they have moderately captured mind share of people with audio books, they’ll expand on different segments. This enhances their perception, future outcomes, endless possibilities.

Very similar to e-commerce orgs or say Netflix. They have now ventured into mobile games. All helps in future possibilities of potential revenue.

I hope to see it grow nicely,can't say much here but there's much better things planned

Copying is fair game in business. I would say.

Both of them copied Webtoons, that's the OG in the space.

Thing is AI is now hype so anything with AI will be able to raise funding

Even Zomato released their customer support system