Kuku FM's ₹3,500 Crore IPO and the Bird Behind the Name

Kuku Technologies, parent of Kuku FM and Kuku TV, has reportedly filed a confidential DRHP for a ₹2,500–3,500 crore IPO.

The listing reportedly targets a valuation of up to ₹15,000 crore, roughly $1.8 billion.

FY26 revenue jumped to about ₹1,400 crore from ₹240 crore a year earlier, with 10 million-plus paid subscribers.

The name 'Kuku' was picked to be short, warm and pronounceable in every Indian language.

The IPO is really a bet on vernacular audio plus the new vertical microdrama habit.