Launch · Consumer Internet & Media
Kuku FM launches vertical microdrama OTT platform Kuku TV
By Startup Enthusiast ·
- Date
- Company
- Kuku TV
- What it does
- vertical microdrama OTT platform
- Kind
- Launch
- Based in
- Bengaluru
- Founded
- 2018
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
Other articles talking about it
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