Kuku FM’s scale mounts 9X in FY23, splurges Rs 95 Cr on advertising

Fundamentum-backed audio content platform Kuku FM managed to grow its collection by 9.3X during the previous fiscal year ending March 2023. The spike in growth, however, does not reflect the complete picture as the revenue hovered just above Rs 40 crore whereas the losses at the same time crossed Rs 100 mark, though at a …

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