Indian startup Kuku FM raises funds from China’s Shunwei Capital, others

The KukuFM team

Podcasting startup Kuku FM on Tuesday said it has raised an undisclosed amount of funding from Shunwei Capital, the Chinese investment firm spun off from handset-maker Xiaomi, and Indian venture capital firms India Quotient and 3One4 Capital.

Kuku FM, founded by Lal Chand Bisu, Vinod Meena and Vikas Goyal, provides production, distribution and marketing support for creators, and claims to have over a million listeners spending over 50 minutes a day on the platform.

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