BGMI creator Crafton invests in this audio content platform

The Kuku FM platform provides content creation tools to enable its users to create, develop and post content. Offering content in five languages ​​(Hindi, Marathi, Bengali, Tamil and Gujarati), Kuku FM hosts over 150k hours of content in audiobooks, stories, book summaries, courses and podcasts on its platform.

Kuku FM’s offering includes fiction and nonfiction audiobooks, self-help education titles, entertainment, news, mythology, spirituality, learning and inspiration, stories, poems and even jingles. With 30k creators, 50% of the content on Kuku FM is exclusive to the platform and is available only on Kuku FM.

Lal Chand Bisu, Co-Founder and CEO, Kuku FM said, “Kuku FM is a pioneer in a new category for audio content by bringing premium, unique and immersive digital audio experiences to our users. We have seen phenomenal consumption of audio content among users in our country, with 70% of the users coming from Tier 2 cities. We are excited to see the evolution of this genre. He added, “We have great synergy of vision with Crafton and are thrilled to have them as an integral investment partner. With this momentum, we are confident of completing 10 million active payments users by the end of this year and 50 million paid users by 2025.”

Crafton, Inc. Sean Hyunil Sohan, Head of India Division in the US, said, “We are very excited to partner with Kuku FM and support them in their journey of building a strong producer and listener ecosystem that is at an amazing pace to create many unique continues to grow from local IP. Here at Crafton Inc., we strongly believe that the content growth of Indian IP and regional Indian languages ​​will open up the next big monetization opportunity over the long term, not only in India but globally and Kuku The FM team is in the best position to grab this opportunity in the audio category.”