Funding · Consumer Internet & Media
Kuku appoints bankers to raise up to ₹3,000 crore (~$330 million) for IPO
By Startup Enthusiast ·
- Date
- Company
- Kuku Technologies
- What it does
- AI-driven storytelling platform
- Kind
- Funding
- Amount
- Undisclosed
- Founded
- 2018
What they do
Kuku is an AI-driven storytelling platform with apps like Kuku TV and Kuku FM
What happened
Former Indian cricket captain MS Dhoni has invested in Kuku and become its brand ambassador
Why it matters
Kuku is also planning an IPO and working on its first Hindi feature film
The details
- MS Dhoni, former Indian cricket captain, has invested in Kuku.
- He has also become the brand ambassador for Kuku TV.
- Kuku has launched a campaign featuring Dhoni to promote Kuku TV.
- The investment amount has not been disclosed.
- Kuku is working on its first Hindi feature film titled 'Indian Institute of Zombies (IIZ)'.
- Kuku is also planning an IPO and has started appointing bankers to raise up to ₹3,000 crore (~$330 million).
The bigger picture
- This is a notable celebrity investment that brings brand visibility to Kuku.
- Kuku is expanding from audio and short video into feature films.
- The IPO plans signal the company's growth ambitions.
About the business
- Kuku is an AI-driven storytelling platform with a multi-format content ecosystem.
- Its platforms include Kuku TV (short-format video and microdramas), Kuku FM (audio storytelling), and Guru (edutainment).
- Kuku uses AI for content creation and personalization.
- It hosts over 20,000 titles in multiple languages.
- Its microdrama genres include mythology, fiction, and superhero stories.
- Kuku FM offers popular audiobooks and podcasts with a free trial.
- Total app installs across all platforms exceed 350 million.
- Kuku TV alone has over 180 million downloads.
What happens next
- Kuku is working on its first Hindi feature film 'Indian Institute of Zombies (IIZ)'.
- Kuku is planning an IPO and has started appointing bankers to raise up to ₹3,000 crore (~$330 million).
The deal
- Type
- funding
Investors
- MS Dhoni (lead) — Former Indian cricket captain.
Founders
- Lal Chand Bisu, Founder
- Vinod Kumar Meena, Founder
- Vikas Goyal, Founder
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