SEBI Greenlights Kuku FM’s ₹3,500 Cr IPO

by · Inc42

SUMMARY

  • SEBI last week approved Kuku’s IPO after the startup filed its confidential DRHP in June
  • The audio OTT startup’s IPO’s size could be in the range of ₹2,500-3,500 Cr and could potentially value it at ₹15,000 Cr
  • The IPO will consist of a fresh issue of shares as well as an offer-for-sale component