Amount Raised
$25 Million
Round Type
Funding Round
MumbaiMedia And EntertainmentDescription
Audio content platform provider Kuku FM on Wednesday said it has raised $25 million in a Series C funding round co-led by the Nandan Nilekani-founded Fundamentum Partnership and International Finance Corporation.Temasek-backed Vertex Ventures, which closed its fifth fund at $541 million last week, also participated in the funding, as per a statement.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital Marketing and AnalyticsVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitThe Mumbai-based startup will deploy the funds to increase the depth of its content across Indian languages and focus on technology, as per a statement.“Kuku FM has created a niche category that caters to the unique and rapidly evolving demands of the new digital natives of India. Moreover, cofounder Lal Chand Bisu and team have demonstrated a great understanding in terms of creating a business model with a strong focus on unit economics and robust fundamentals,” said Prateek Jain, Principal, Fundamentum Partnership. The latest investment is Fundamentum’s second in the vernacular audio content platform. Kuku FM had last raised $21.9 million in Series B1 funding round in September 2022, also led by Fundamentum.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window
Quick answer
Kuku Fm raised $25 Million in a Funding Round round, dated September 20, 2023. Kuku Fm is based in Mumbai, Maharashtra, India.
- How much did Kuku Fm raise?
- Kuku Fm raised $25 Million in a Funding Round round on September 20, 2023.
- What does Kuku Fm do?
- KuKu FM - A Personal Radio Kuku FM is India’s leading audio content platform that create, produce, market and distribute exclusive premium audio content in the form of audiobooks, stories, summaries, courses and more..
- Where is Kuku Fm based and how big is it?
- Kuku Fm is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at Kuku Fm?
- Fundz holds 1 contact at Kuku Fm. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Media And Entertainment around the same time
Companies in the same sectors as Kuku Fm that raised within 45 days of this round, from Fundz verified event records.
- Anghami raised $1.4M (Seed) on November 1, 2023.
- Audience Town, Inc. raised $2M (Seed) on October 31, 2023.
- Skyroot Aerospace raised $28M (Funding Round) on October 30, 2023.
- Laka raised $8.1M (Funding Round) on October 24, 2023.
- Kino Studio raised $2M (Pre-Seed) on October 11, 2023.
- Anghami raised $2.9M (Seed) on October 6, 2023.
Who to call at Kuku Fm, and when
A new round usually means Kuku Fm is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kuku Fm raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kuku Fm, from your own LinkedIn network
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Related People
Kuku Fm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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