Kuku FM secures $85 million in new funding round

Audio-video content platform Kuku FM has raised $85 million in a new funding round led by Granite Asia, with existing investors such as Vertex Growth, IFC, Tribe Capital, and others participating. The valuation post-funding stands at ~$550 million. The capital will be used to enhance content creation, expand reach in regional languages, and improve product infrastructure. The funding signals rising investor interest in regional content platforms as content consumption grows across tier-II/III markets. Monetization, retention, and scaling will be key execution levers ahead.