Mumbai-based podcasting and audiobooks platform Kuku FM has raised an undisclosed amount of funding from China’s Shunwei Capital and Indian venture capital firms India Quotient and 3One4 Capital, reported LiveMint.
Founded in 2018, by Lal Chand Bisu, Vinod Meena and Vikas Goyal, Kuku FM is a podcast platform that is re-inventing the traditional radio by allowing listeners to easily discover new, emerging and diverse audio content, and engage with their favorite creators.
Kuku FM gives a platform to some of the best content creators in India to launch and expand their very own podcasts.
Kuku FM provides production, distribution and marketing support for creators, and claims to have over a million listeners spending over 50 minutes a day on the platform. This includes famous feeds like Quora and Quorans from Quora, Dainik Bhaskar and dozens more.
Kuku FM has a library of 2 Lakh+ audios with most of them in Hindi language. The platform, with its app, also provide bestselling English books translated in Hindi as well as the famous Hindi books. The Audiobooks has range of categories like motivation audiobooks, self help audiobooks, spiritual audiobooks, business audiobooks along with a diverse library of fiction audiobooks from genres like Love, Crime, Horror, Comedy & Kids.
Kuku FM is aiming to be the biggest vernacular platform in that space, enabling the regional superstars to get their voices heard. We currently have content in Hindi and are actively onboarding creators from the 23 major languages of the country.