KuKu FM has raised $25 million almost a year after it raised $21.8 million from investors.
The audio streaming platform wants to bolster its content ecosystem and increase the depth of content across other Indian languages.
Earlier in May 2023, Kuku FM's rival Pocket FM also raised $16 million in debt from US-based Silicon Valley Bank.
At present, Kuku FM offers content in seven Indian languages, including Hindi, Kannada, Tamil, Bengali, Malayalam, Telugu, and Bengali.
Kuku FM provides audio content such as book summaries, courses, audiobooks, stories, and podcasts spanning multiple genres such as business, self-help, personal finance, historical, religion, entertainment and fitness.
The startup claims to have around 2.5 million paid listeners and over 30,000 content creators.
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