Kuku Files Draft Papers Confidentially For ₹3,500 Cr IPO

by · Inc42

SUMMARY

  • The startup is targeting a valuation of up to ₹15,000 Cr (about $1.8 Bn) for the public listing
  • The fresh issue component is likely to be utilised toward improving its technology and AI infrastructure, content production, and geographic expansion
  • Founded in 2018, Kuku operates vernacular audio and short-video apps under Kuku FM and Kuku TV brands, respectively