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Kuku FM looks to raise up to $80 mn
Mint Mumbai
|October 04, 2025
Audio streaming platform Kuku FM has signed a term sheet to raise about $70-80 million in new funding, with South Korean-based video game publisher Krafton leading the round alongside existing investors, three people familiar with the matters said.
“The post-money valuation of the current is expected to be around $500 -550 million...the investors are currently undertaking due diligence and documentation,” said a second person mentioned earlier.
Kuku’s ongoing fundraise has been positioned around rising demand for video-based mini dramas, reflecting investor interest in short-video and serialized micro-drama formats, the person added.
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