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Kuku FM Ropes In Investment Bankers For A $200 Mn IPO: Report

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SUMMARY

Kuku FM’s parent has said to have appointed bankers Kotak Mahindra Capital, Axis Bank and Morgan Stanley to helm its potential $200 Mn IPO

The startup plans to utilise the fresh capital raised via the IPO to expand its content library and strengthen its regional-language offerings

The development comes a couple of months after Kuku raised its largest cheque of $85 Mn in its Series C round from Granite Asia

Amid the ongoing Indian startup IPO boom, audio OTT soonicorn

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