India’s Kuku snags $85M as mobile content wars intensify across the country’s fast-growing digital market.
Matilda
Kuku Raises $85M Amid India’s Content Boom India’s Kuku Snags $85M As Mobile Content Wars Intensify India’s Kuku snags $85M as mobile content wars intensify, marking one of the biggest fundraising rounds in India’s booming storytelling and digital entertainment scene. The Google-backed audio and video platform plans to expand its mobile-first content offerings to capture the attention of millions of Indian users. Image : Google The Series C round, led by Granite Asia (formerly GGV Capital) , has valued Kuku at around $500 million — more than double its previous valuation, according to founder and CEO Lal Chand Bisu . Other major investors include Vertex Growth Fund, Krafton, IFC, Paramark, Tribe Capital India , and Bitkraft . Early Investors Exit As New Capital Flows In The latest round also included secondary transactions , allowing some of Kuku’s early backers to partially exit. Notably, Google , which previously held under a 2% stake, has fully exited its position, according to Bisu. This reshuffling signals growing investor confidenc…
