Kuku FM, an audio content platform has announced that it has recently crossed 1 million active paying subscribers.According to an official release from the company, Kuku FM has so far raised USD 25 million from blue chip VCs like Krafton, Verlinvest, Vertex, 3one4 Capital and IQ.
India has emerged as the ultimate frontier for acquiring content subscribers with top OTT platforms having captured over a 100 million conten subscribers with top OTT mostly English educated, subscribers so far. With Kuku FM's focus on regional languages, it is a product with ambitions of capturing subscribers from the remaining 1.2 billion Indians who are not English educated said Lal Chandu Bisu, CEO and Co-founder.