Excited to announce that Kuku FM has raised $25Mn in Series C as we embark on the next phase of our supersonic journey to become the world's largest audio content platform. We are grateful to @IFC_org, @FundamentumVC and Vertex for believing in us.
What is luck? Its an event that has surprisingly occurred in yr favour.
As per Murphy’s law, if anything can happen; will happen! So it shouldn’t be surprising right
But for something to happen, a lot has to happen! Hence, the more we try, the more we hustle, more lucky we get!
"This is what makes Kuku FM so interesting. They are busting the myth that a non-English speaking, non-metro audience will never pay for a subscription."
Thank you @chuck_gopal and @TheHardCopyCo for the case study.
Kuku FM has just crossed 1Mn active paid subs. 27x in 12 months! We're now India's biggest audio subscription platform.
From 'India mein log pay nahi karte' to here it's been an amazing journey. 🔥🚀
On the way to becoming the go-to destination for aspirational Young India.
Kuku FM has just crossed 800k active paid subscriptions.
Just for context, we were at 257k active paid users on 1st Jan 2022. This rocketship is on 🔥🚀🚀🚀
Sometimes your market surprises you. When we started monetization in Jan we thought we will touch 200 daily paid users by Sept. We crossed it yesterday 🚀
India is not poor anymore If you provide the right value to your users millions are ready to pay you today.
Its one thing to raise questions as an equal and another to feel superior and being sarcastic about the personal lives to humiliate other ppl. It was so clear that he couldnt stand someone said no to him. Well someone did.. n he cant do anything abt it.
@sonamohapatra she walked out for another film.
He has rights to raise questions on that decision bcoz she said she is getting married so she have to walk out but she took another project immediately and started shooting of that movie before wedding.