CosmicTaco

Kuku FM's Revenue Soars 114% to INR 104 Cr in FY24

CosmicTaco · 2024-11-04T08:22:06.553609+05:30

- Kuku FM's operating revenue for FY24 was INR 88 Cr, a 114% increase from the previous year. - The startup's total loss for FY24 was INR 96 Cr, an 18% decrease from the previous fiscal year. - Expenditure increased by 21% to INR 200 Cr in FY24, largely due to advertising and employee costs. - Kuku FM has over 25 Mn paid users and hosts more than 150K hours of content. - The startup recently raised $25 Mn in a Series C funding round. Source: [Inc42](https://inc42.com/buzz/kuku-fms-fy24-revenue-jumps-114-to-inr-104-cr/)

Kuku FM's operating revenue for FY24 was INR 88 Cr, a 114% increase from the previous year.
The startup's total loss for FY24 was INR 96 Cr, an 18% decrease from the previous fiscal year.
Expenditure increased by 21% to INR 200 Cr in FY24, largely due to advertising and employee costs.
Kuku FM has over 25 Mn paid users and hosts more than 150K hours of content.
The startup recently raised $25 Mn in a Series C funding round.

Source: Inc42