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Launch · Consumer Internet & Media

Kuku FM launches vertical microdrama OTT platform Kuku TV

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Date
Company
Kuku TV
What it does
vertical microdrama OTT platform
Kind
Launch
Based in
Bengaluru
Founded
2018
Sector
Consumer Internet & Media

What they do

Kuku TV is a vertical, serialized microdrama service targeting India's mobile-first audience with short-form content

What happened

The platform offers 2-minute episodes, with over 50 episodes per series, across Hindi, Telugu, Kannada, and Bangla

Why it matters

Kuku TV aims to bridge the gap in content discovery by providing a subscription-only model for underrepresented filmmakers and creators

The details

  • Kuku FM, an audio storytelling platform, has launched Kuku TV, a vertical microdrama OTT platform, to cater to India's mobile-first audience.
  • Kuku TV offers short, episodic vertical videos with each episode lasting up to 2 minutes and over 50 episodes per series.
  • The platform features content across genres such as action, Bollywood, science fiction, and mythology, with a library of over 300 hours of premium programming.
  • Kuku TV is available in Hindi, Telugu, Kannada, and Bangla, with plans to release one new regional microdrama daily starting next month.
  • The service operates on a subscription-only model, free of ads, with plans starting at ₹399 quarterly and ₹899 annually.

The bigger picture

  • Kuku FM's success with 4.5 million active paying subscribers on its audio platform has provided insights into personalized content consumption.
  • The platform aims to address the gap in content discovery, as 95% of Indian films and talent remain undiscovered due to traditional distribution challenges.
  • Kuku TV is designed to meet the growing demand for on-the-go, short-form storytelling, ideal for smartphone users with limited time.
  • The company believes the market for vertical drama could reach 300 million users as India's internet user base grows.

About the business

  • Kuku FM is an audio storytelling platform offering audiobooks, stories, book summaries, and short courses across 20 genres and seven languages.
  • The company has raised around $72 million in funding from investors such as Nandan Nilekani's Fundamentum Partnership, IFC, Google, Krafton, 3one4 Capital, and India Quotient.
  • Kuku FM reported a revenue of ₹87.95 crore for FY24, a two-fold increase from ₹41.2 crore in the previous year.
  • The company has partnered with Krafton to launch an audiobook adaptation of Battlegrounds Mobile India (BGMI) called BGMI: Lone Survivor.
  • Kuku FM is based in Bengaluru and was founded in 2018 by Vinod Kumar Meena, Lal Chand Bisu, and Vikas Goyal.

The deal

Type
launch

Investors

  • Nandan Nilekani's Fundamentum Partnership (investor) — A venture capital firm focused on early-stage technology startups.
  • International Finance Corporation (IFC) (investor) — A global development institution that provides financing and advisory services to private sector projects.
  • Google (investor) — A multinational technology company known for its investment in startups and innovation.
  • Krafton (investor) — A South Korean video game publisher and developer known for titles such as PUBG.
  • 3one4 Capital (investor) — A venture capital firm focused on early-stage technology startups.
  • India Quotient (investor) — A venture capital firm focused on early-stage technology startups.

Founders

  • Vinod Kumar Meena, co-founder and COO
  • Lal Chand Bisu, co-founder
  • Vikas Goyal, co-founder

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