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Audio and video content platform Kuku FM reported a sharp rise in revenues in FY25, even as losses widened amid higher ad spends, according to filings with the Registrar of Companies (RoC).
The IPO-bound company’s operating revenue rose 175% to Rs 241.5 crore in FY25 from Rs 87.9 crore in FY24, while its net loss increased 59% to Rs 152.6 crore from Rs 95.7 crore a year earlier.
Last month, the Krafton-backed firm closed an $85 million funding round led by Granite Asia, with participation from existing investors, including Vertex Growth Fund,…
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