Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

App · Other origin

Kuku TV (Kuku FM)

Key facts

Operator / parent
Kuku Technologies (Mebigo Labs), founded 2018
Origin
India
Headquarters
Bengaluru, India
Launched
Kuku TV in late 2024
Category
App · Other origin

Kuku TV is the microdrama arm of Kuku FM, the Bengaluru audio company, producing more than 150 original titles a month of two to three minutes and selling them by subscription and in-app purchase. It reports about 37m monthly active users and more than 10m paying users. FY2025 revenue was ₹242 crore, about $28m, up 175%, against a net loss of ₹153 crore. It raised an $85m Series C in October 2025 at more than $550m post-money and has filed for an initial public offering.

Kuku TV (Kuku FM) revenue and key figures

Reported revenue: ₹242 crore (about $28m) in FY2025, +175%; net loss ₹153 crore (official, company filing)

MetricFigureBasisSource
Revenue₹242 crore (about $28m) in FY2025, +175%; net loss ₹153 croreofficialcompany filing
Monthly active usersabout 37m; more than 10m payingno basis given—
Funding$85m Series C in October 2025 at more than $550m post-money; an initial public offering has been filedno basis given—

Profile

Markets
India.
Content
More than 150 original microdramas a month, of two to three minutes.
Monetisation
Subscription and in-app purchases.
Profitability
Not profitable.
Backers
Granite Asia, Krafton, Vertex, IFC, Bitkraft.

Correction

: The profile called Kuku TV's audience of about 37m monthly users the largest microdrama audience in India. The claim could not be supported, and it has been removed.