Mumbai, India — October 16, 2025:
Audio content platform Kuku FM has raised $85 million in a Series D funding round to expand its regional language library, enhance AI-driven personalisation, and strengthen its creator ecosystem across India and abroad.
The round was led by TPG’s Rise Fund, with participation from Vertex Ventures, Krafton, Verlinvest, 3one4 Capital, and Google. With this latest funding, Kuku FM’s total capital raised now crosses $150 million, marking one of the largest fundraises in India’s audio streaming space.
Key Focus Areas After Funding
Kuku FM plans to:
- Expand regional content to over 25 Indian languages.
- Use AI and machine learning for better content discovery and recommendations.
- Empower local creators through monetisation tools and community-building initiatives.
- Strengthen its presence in Tier-2 and Tier-3 cities.
Market Growth
India’s audio entertainment industry is booming, driven by regional language listeners and the rise of storytelling podcasts. Kuku FM currently has over 12 million active users, with 70% coming from non-metro regions.
The company said it aims to become the “Netflix of audio” for Indian listeners by offering affordable, high-quality, and personalised content experiences.
Summary Table
| Particulars | Details |
|---|---|
| Company | Kuku FM |
| Funding Round | Series D |
| Amount Raised | $85 Million |
| Lead Investor | TPG’s Rise Fund |
| Other Investors | Vertex Ventures, Krafton, Verlinvest, 3one4 Capital, Google |
| Total Funding Till Date | $150+ Million |
| Purpose | AI personalisation, regional expansion, creator monetisation |
| Active Users | 12 Million+ |
| Major Markets | India (Tier-2 & Tier-3 cities) |
| Founded | 2018 |
