Audio content platform Kuku FM on Wednesday said it has raised $21.8 million in Series B1 funding round, led by The Fundamentum Partnership, which will be utilised to strengthen content creation ecosystem and offer more language choices to .
Kuku FM is Fundamentum’s first investment from its $227-million second fund, which was launched in August. Prateek Jain, who’s Principal at Fundamentum, will be joining Kuku FM’s Board.