Audio streaming startup Kuku FM announced it has raised $21.8 million in funding led by Nandan Nilekani’s venture fund Fundamentum Partnership, according to ETtech report. Kuku FM is Fundamentum’s first investment from the recently launched $227-million second fund. ET had reported last month that the new fund was primarily sourced from local entrepreneurs and their…
KukuFM, India’s subscription based digital audio platform, announced its USD 19.5 mn Series B fund raise led by South Korea’s Krafton yesterday. A&W Capital, an investment advisory firm focusing on the sports, gaming and digital media sectors, acted as the exclusive financial advisor to KukuFM on this marquee transaction, a statement said. The proceeds from the current…
Kuku, a music and podcasts streaming app, has raised an undisclosed amount in funding from 3one4 Capital, Shunwei Capital (a Chinese investment firm), and India Quotient. It was founded by Lal Chand Bisu, Vinod Kumar Meena, and Vikas Goyal in 2018. Kuku FM is known for its various categories like education, entertainment, news, mythology, spirituality,…