Kuku FM, an audio content platform, recently announced the milestone of crossing one million active paying subscribers. With a concerted focus on regional language, Kuku FM has raised $25 million in funding from VCs like Krafton, Verlinvest, Vertex, 3one4 Capital and IQ.
Lal Chandu Bisu, CEO and Co-founder, said “This milestone is a testimony of our commitment to become the go-to destination for audio content for every aspirational youth in this country. Our scalable platform, combined with inspiring content from different content creators, has enabled us to deliver consistent experiences to our listeners and provided a strong growth trajectory for our business. We are confident and bullish on reaching maximum Indian households and achieve 10 million paid subscribers in the next year.”
Kuku FM was launched in 2018 to provide high quality audio content in regional languages. Additionally, the platform’s foray into content in languages from the South of India has witnessed a MoM growth of over 80%. With 30,000 creators, 50% of the content on Kuku FM is exclusive to the platform.
Kuku FM hosts 150,000 hours of content across audiobooks, stories, book summaries, courses, and podcasts on its platform, covering a wide range of genres in fiction and non-fiction like self-help, education, entertainment, personal finance, spirituality, inspiration and history. It currently offers content in seven languages – Hindi, Tamil, Telugu, Kannada, Malayalam, Bengali, and Marathi.
Visit Kuku FM for more details